Assistant Actuary

WoodmenLife•Omaha, NE
•$80,000 - $115,000

About The Position

WoodmenLife is hiring an Assistant Actuary to contribute to the organization’s growth and financial soundness by supporting actuarial functions for its insurance products. The role analyzes information and creates models with acceptable levels of accuracy and efficiency to support financial solutions. The average time spent on each actuarial function varies by incumbent. The position may support pricing and product development, product administration, illustration actuarial compliance and illustration system administration, refund determination and inforce product management, financial projections including enterprise value projections, valuation and financial reporting, experience studies, reinsurance, and risk management. It may also involve training associates and participating in division or cross-functional project teams or committees. The role requires attendance and punctuality in accordance with supervisor expectations and company policy, and other duties may be assigned by management. The position could have a hybrid or possibly remote work schedule. Flexible work hours are required to meet deadlines and business requirements. WoodmenLife offers a comprehensive benefits package and is committed to equal opportunity and an inclusive workplace.

Requirements

  • ASA designation and a bachelor’s degree or higher.
  • Four years of actuarial experience.
  • Advanced knowledge of spreadsheets, databases, and mathematics.
  • In-depth knowledge of financial and modeling software.
  • Technical writing skills and effective verbal communication.
  • Flexible work hours to meet deadlines and business requirements.
  • Superior problem-solving skills.
  • Ability to provide seamless, trustworthy, attentive, and resourceful customer service.
  • Ability to engage well with others and a commitment to providing an exemplary customer experience.
  • Successful completion of applicable pre-employment checks, which may include criminal background, credit, fingerprint, drug screening, and reference checks.

Responsibilities

  • Provide actuarial analysis and create models supporting WoodmenLife insurance products and financial solutions.
  • Assist with pricing and product development.
  • Assist with product administration.
  • Assist with illustration actuarial compliance and illustration system administration.
  • Assist with refund determination and inforce product management.
  • Assist with financial projections, including enterprise value projections.
  • Assist with valuation and financial reporting.
  • Assist with experience studies.
  • Assist with reinsurance.
  • Assist with risk management.
  • May assist in training other associates.
  • May participate on a division or cross-functional project team or committee.
  • Meet attendance and punctuality expectations established by the supervisor and company policy.
  • Perform other duties as assigned by management.

Benefits

  • Health insurance
  • Dental insurance
  • Vision insurance
  • 401(k)
  • Life insurance
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