Associate Actuary II
About The Position
American National is seeking an Associate Actuary II to analyze statistical data such as mortality, accident, sickness, disability, and retirement rates. The role involves constructing probability tables to forecast risk and liability for future benefit payments. The Associate Actuary II will apply fundamental actuarial principles to analyze company and industry data, preparing actuarial analyses in accordance with professional conduct and standards. This position supports core actuarial functions including pricing, reserving, and modeling, ensuring the organization's profitability, growth, and financial strength. The role also includes preparing and presenting summaries of actuarial analyses to various stakeholders, completing and improving processes for actuarial analyses, and training less experienced analysts.
Requirements
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or closely related field.
- 5 years of experience in actuarial analysis.
- Experience with passing 4 actuarial examinations.
- Experience with pricing and sensitivity analysis using actuarial platforms such as AXIS.
- Experience within the Canadian Pension Risk Transfer market.
- Experience computing 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.
Benefits
- medical insurance
- dental insurance
- vision insurance
- basic life insurance
- 401k plan
- paid time off
- paid holidays
- health savings accounts
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
