Sr. Actuarial Associate

Jackson National Life Insurance•Lansing, MI

About The Position

Responsible for routine to complex actuarial processes and projects in product development, financial modeling, financial reporting, risk analysis, or data analysis assignments, as applicable. Performs activities related to the application of advanced actuarial principles for insurance and finance.

Requirements

Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Computer Science, or a related field of study.
At least 2 years of actuarial experience required.
Associate of the Society of Actuaries (ASA), or near ASA with at least 4 years of relevant actuarial experience.
Ability to apply foundational actuarial mathematics and concepts to work product.
Working knowledge of Jackson’s insurance product lines, including life and annuities.
Advanced experience in a key field of actuarial work: pricing, financial reporting, data analysis, or modeling.
Advanced knowledge of Excel.
Ability to program in SAS, Python, or a similar language and make complex updates to actuarial models or programs.
Ability to guide others in following processes and running actuarial models or programs.
Ability to troubleshoot issues with process results or output.
Ability to communicate effectively verbally and in writing with the manager and team members.
Ability to write effective formal reports for actuarial management and participate in cross-functional team meetings.
Ability to apply creativity and deductive reasoning to solve problems and improve processes.
Ability to perform peer review of processes.
Ability to work on multiple projects and prioritize work based on general guidance.

Nice To Haves

At least 4 years of actuarial experience is preferred.
Commitment to attaining the Fellow of the Society of Actuaries (FSA) designation is preferred.

Responsibilities

Participate in small-team and cross-functional team meetings.
Manage own time and work with the manager to set priorities and deadlines and share project status.
Communicate with peers and the manager orally and in writing, including through email and Microsoft Teams.
Compose reports presenting analysis to management.
Recommend and implement or peer review changes to the coding and structure of actuarial tools, as assigned.
Complete processes that produce actuarial outputs, such as calculated reserves, cash flow projections, product pricing, and experience data.
Follow procedures and execute controls for production processes.
Analyze and validate actuarial output.
Study material and sit for actuarial exams or complete modules in accordance with the Education Program.
Mentor and train junior associates to perform processes.
Perform other duties and/or projects as assigned.