Sr. Actuarial Assistant, Actuarial Development Program

Unum•Portland, ME
•$73,300 - $150,500

About The Position

This is an intermediate-level position requiring increasing technical expertise and decision-making. The Sr. Actuarial Assistant independently identifies trends and issues and contributes to projects primarily within the functional area, with manager or mentor support available for more complex analysis. The role has no direct reports and may include informal mentoring of junior peers and training interns. The position supports actuarial experience studies, valuation, pricing, underwriting, reserves, reporting, and product initiatives. It also involves collaborating with other business areas, communicating findings and project status, identifying process improvements, and pursuing actuarial credentials and continued professional development.

Requirements

  • Bachelor’s degree required.
  • Credit for at least four actuarial exams.
  • Minimum of 12 months of relevant experience; job specifications state 1–2+ years of hands-on experience.
  • In-depth knowledge of business analysis, pricing, valuation, ALM, or corporate experience.
  • Strong problem-solving ability and developing project-management skills.
  • Hands-on experience with Excel, one programming language, and mainframe systems or a database utility.
  • Solid written and verbal communication skills.
  • Demonstrated leadership ability.

Responsibilities

  • Prepare and analyze intermediate to complex data for actuarial experience studies, valuation, or pricing projects.
  • Support development of pricing and underwriting tools and help others understand case-specific underwriting issues by answering technical questions.
  • Develop reserve factors, analyze reserves, and monitor reserve changes.
  • Develop experience analysis reviews.
  • Support maintenance of the valuation system.
  • Support preparation of financial reports, tax returns, and state filings as needed.
  • Contribute to product development and repricing initiatives.
  • Work with product, underwriting, compliance, risk management, investments, and other areas on specific initiatives; communicate project status within the functional area.
  • Prepare intermediate to complex reports.
  • Pursue actuarial credentials and Society of Actuaries membership while developing financial acumen.
  • Assess training and work processes for effectiveness and efficiency; share information, suggest process improvements, and implement change effectively.
  • Communicate identified trends and issues and proactively recommend resolutions to management.
  • Work on or lead special projects requiring actuarial research and analysis, potentially partnering with business areas inside and outside finance.
  • Maintain and build specialized working knowledge of company operations, systems, and the actuarial discipline.
  • May serve as an informal leader or mentor to more junior peers and train interns.
  • May perform other duties as assigned.

Benefits

  • Health insurance
  • Vision insurance
  • Dental insurance
  • Short- and long-term disability insurance
  • Performance-based incentive plans
  • Paid time off, including paid time to volunteer
  • 401(k) employer contributions and match
  • Mental health support
  • Career advancement opportunities
  • Student loan repayment options
  • Tuition reimbursement
  • Flexible work environments
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