Life Actuarial Analyst I

Erie Insurance • Erie, PA

1d • $56,367 - $90,040 • Onsite

About The Position

Provides technical support for all Life Actuarial Department functions, including pricing, product development, valuation, financial reporting and reinsurance.

This position is based out of our corporate office in Erie, PA.
The hiring team will consider candidates for Life Actuarial Analyst I, Life Actuarial Analyst II, or Life Actuarial Analyst III positions. Level of position offered will be based on depth and breadth of selected candidate's experience and qualifications.
Please Note: We are only considering US workers for this position. We are unable to offer this position to individuals who will require current or future immigration sponsorship for employment.

Requirements

• Bachelor's degree in mathematics, or related field, required.
• Successful completion of one actuarial exam and demonstrated exam progress required.
• Basic knowledge of spreadsheet software required.

Nice To Haves

• Some previous experience in programming and database applications preferred.

Responsibilities

• Develops and applies a working knowledge of life products, the actuarial aspects of their development, and supporting systems. Provides technical support on projects as needed.
• Performs actuarial calculations for the department and for other departments within Erie Family Life as required. Assists in computing policy-related values.
• Assists in preparing policy forms for submission to various state insurance departments.
• Assembles data needed to perform company experience studies and industry surveys.
• Assists in the preparation of routine financial reports.
• Assists in the administration of reinsurance treaties.
• Continues to demonstrate the intent to achieve professional status through the completion of Society of Actuaries (SOA) exams.

Benefits

• Premier health, prescription, dental, and vision benefits for you and your dependents. Coverage begins your first day of work.
• Low contributions to medical and prescription premiums. We currently pay up to 97% of employees’ monthly premium costs.
• Pension. We are one of only 13 Fortune 500 companies to offer a traditional pension plan. Full-time employees are vested after five years of service.
• 401(k) with up to 4% contribution match. The 401(k) is offered in addition to the pension.
• Paid time off. Paid vacation, personal days, sick days, bereavement days and parental leave.
• Career development. Including a tuition reimbursement program for higher education and industry designations.
• Additional benefits that include company-paid basic life insurance; short-and long-term disability insurance; orthodontic coverage for children and adults; adoption assistance; fertility and infertility coverage; well-being programs; paid volunteer hours for service to your community; and dollar-for-dollar matching of your charitable gifts each year.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level