Actuarial Analyst
Ameriprise Financial Services, LLC•Minneapolis, MN
•$66,700 - $91,700•Hybrid
About The Position
Ameriprise Financial is looking to add an Actuarial Analyst to the Insurance Risk team! The individual in this role will perform actuarial tasks with manager assistance or supervision. Provide technical analysis and support by modifying, maintaining, operating and documenting various actuarial models. Prepare related reports, summarizing and communicating Insurance Risk model results.
Requirements
- Bachelor's degree or equivalent in Actuarial Science, Mathematics, Statistics, Data Science, or related disciplines.
- 1-3 years of relevant experience
- At least 1 Actuarial exam passed.
Nice To Haves
- Validation by Educational Experience (VEE) coursework completion.
- Actuarial internship experience.
- Experience with MS Excel, VBA, MS Access, and other database applications.
Responsibilities
- Support quarterly and ad‑hoc Insurance risk reporting and analysis, including preparation, validation, and communication of results and insights to key stakeholders.
- Provide technical analysis and support of a well-defined nature by modifying, maintaining, operating and documenting various actuarial models based in spreadsheets or other analytical software.
- Assist in evaluating the impacts of model change requests by developing expertise in market sensitivities, Statutory and GAAP accounting, and actuarial modeling techniques.
- Develop a foundational understanding of actuarial modeling, processes, and practices.
- Participate in actuarial projects within a well-defined scope and responsibility.
- Perform analysis on specific actuarial topics, describing actuarial concepts to other business areas, and/or testing results of project implementations.
- Communicate status and impediments to completing tasks.
- Support the operation and validation of business controls and model governance requirements.
- Perform basic logical validation on inputs and outputs, ensuring consistency of processes with original design.
- Collect evidence to validate effectiveness of processes.
Benefits
- vacation time
- sick time
- 401(k)
- health, dental and life insurances
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
