Actuarial Assistant I

Security Benefit Business Services / Everly Life•Topeka, KS

2d•Hybrid

About The Position

Security Benefit (SB), a leader in the U.S. retirement market, is hiring for an Actuarial Assistant I with relevant work experience and one or more SOA exams to work in the Actuarial Department. This position will work in our home office in Topeka, Kansas or Overland Park, Kansas. SB associates are working in a hybrid environment with both remote and on-site work. Who Are We? Through a combination of product innovation, exceptional investment management, and a unique distribution strategy, Security Benefit has become a leader in the U.S. retirement industry. For more than five decades, we’ve focused our expertise solely on this market, providing a broad suite of annuities and mutual fund programs to help customers from coast to coast align their assets with their aspirations. What Does the Job Look Like? The Actuarial Assistant I supports the implementation of new annuity products and monitoring of our in-force business, with a primary focus on ensuring accurate administration through our third-party administrator (TPA). The role partners closely with Marketing, Sales Support, Operations and Legal to ensure product designs are accurately implemented within administrative systems and appropriately reflected in client-facing materials. This position plays a key role in maintaining product integrity from development through ongoing administration.

Requirements

Bachelor’s degree with major or minor in Actuarial Science or Mathematics
Candidates with at least one SOA exam will be considered, VEE credits a plus
Commitment to pursue an actuarial credential demonstrated by preparation for Society of Actuaries administered exams or exam credit
Two years of actuarial experience preferred but not required
Strong computer skills including Excel and SQL
Good written and verbal communication skills
Strong problem solving, analytical and decision-making skills
Strong initiative and ability to work independently

Nice To Haves

Annuity experience preferred
Strong programming / scripting skills including VBA, SQL, or Python preferred

Responsibilities

Translate product design requirements into clear administrative and system implementation guidance for our third-party vendors
Develop and review test case results to validate new product set-up and modifications to existing products, ensuring TPA systems calculate in accordance with product specifications
Perform ongoing monitoring and validation of in-force business to confirm alignment with contractual guarantees
Contribute to cross-functional product development initiatives and product launch readiness activities
Prepare and deliver communications for both internal and external stakeholders in response to product-specific inquiries

Benefits

Employees are eligible for an annual incentive bonus designed to reward for performance.
33 days of paid time off for PTO, paid holidays, days of Significance, and a Volunteer Day
Paid parental leave eligible after one year of service
Medical, Dental & Vision Insurance
401k with company match
Profit Sharing & Savings Plan
Short-term and long-term disability insurance
Flexible spending account
Life insurance
Educational Assistance
Associate Assistance Programs
Career growth and more!