Associate Actuary II

American National•Houston, TX

2d•Onsite

About The Position

The Associate Actuary II will analyze statistical data such as mortality, accident, sickness, disability, and retirement rates. They will construct probability tables to forecast risk and liability for payment of future benefits. This role applies fundamental actuarial principles in analyzing company and industry data to prepare actuarial analyses in accordance with the “CAS code of Professional Conduct” and the Actuarial Standards of Practice. The position supports core actuarial functions including pricing, reserving, and modeling, which are responsible for ensuring profitability, growth, and the financial strength of the organization. The Associate Actuary II will prepare and present summaries of actuarial analyses for distribution to Home Office and Field management, other American National departments, consultants, reinsurers, and regulators. This role will also complete processes and improve methods for performing and documenting actuarial analyses promptly and accurately. Additionally, the Associate Actuary II will train less experienced analysts with spreadsheets, databases, and sources of data used in actuarial analyses.

Requirements

Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or closely related field.
5 years of experience in actuarial analysis.
Must have experience with each of the following: Passing 4 actuarial examinations.
Pricing and sensitivity analysis using actuarial platforms such as AXIS.
Experience within the Canadian Pension Risk Transfer market.
Compute benefits, QDROs, COLAs, and other pension plan specific formulas using Excel.
Experience interpreting and implementing complex pension plan benefit provisions.

Responsibilities

Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits.
Apply fundamental actuarial principles in analyzing company and industry data to prepare actuarial analyses in accordance with the “CAS code of Professional Conduct” and the Actuarial Standards of Practice.
Support the core actuarial functions (i.e. Pricing, reserving, modeling, etc.) responsible for ensuring profitability, growth, and the financial strength of the organization.
Prepare and presents summaries of actuarial analyses for distribution to Home Office and Field management, other American National departments, consultants, reinsurers, and regulators.
Complete processes and improves methods for performing and documenting actuarial analyses promptly and accurately.
Train less experienced analysts with spreadsheets, databases, and sources of data used in actuarial analyses.