Actuarial Development Program, Actuarial Assistant

Unum • Chattanooga, TN

418d • $60,500 - $123,400

About The Position

The Actuarial Assistant position at Unum is an entry-level role designed for motivated individuals looking to build their expertise in actuarial science. The role involves supporting intermediate level analysis and requires the candidate to have passed at least one Society of Actuaries exam. The position offers opportunities for professional development and career advancement within a supportive environment.

Requirements

• Bachelor degree required; GPA 3.2 or above
• 0-1+ years of experience in an actuarial based role or equivalent relevant experience
• Extensive coursework in statistics, math, economics, finance or actuarial science
• Credit for at least one actuarial exam; limited relevant work experience preferred
• Desire and ability to pass actuarial exams
• Strong math aptitude and problem solving ability
• Computer programming aptitude and knowledge (minimum of 6 months hands on statistical programming e.g. SAS, MatLab, Minitab or heavy Excel)
• Solid written and verbal communication skills
• Demonstrated leadership ability

Responsibilities

• Demonstrate commitment to career development and growing financial acumen by pursuing actuarial credentials and membership in the Society of Actuaries
• Prepare and analyze intermediate level data for use in actuarial experience studies, valuation or pricing projects
• Assist in maintenance of pricing and underwriting tools and provide support for helping others understand underwriting case specific issues by answering technical questions
• Develop reserve factors
• Develop experience analysis reviews
• Assist in maintaining valuation system
• Assist in preparation of financial reports, tax returns and state filings as needed
• Learn current pricing models and risk management practices
• Contribute to product development and re-pricing initiatives
• Communicate research results to manager both in written format and orally
• Prepare routine reports
• Continuous assessment of established training and work processes to identify areas for effectiveness and efficiency improvements
• Contribute to operating effectiveness through information sharing, suggested process improvements and effective implementation of change
• Communicate trends and issues identified and proactively recommend resolutions to management
• Work on special projects that require actuarial research and analysis which may involve partnering with other business areas both in and out of finance
• Continuously build a specialized working knowledge of the company operations, systems and in the actuarial discipline
• May perform other duties as assigned

Benefits

• Health, Vision, Dental insurance
• Short & Long-Term Disability insurance
• Generous PTO (including paid time to volunteer)
• Up to 9.5% 401(k) employer contribution
• Mental health support
• Career advancement opportunities
• Student loan repayment options
• Tuition reimbursement
• Flexible work environments

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees