Student Actuary - 1138

Security Mutual Life Insurance • Binghamton University, NY

4d • $62,500 - $70,000 • Onsite

About The Position

As a Student Actuary, you will be responsible for supporting pricing and product development projects, using various modeling techniques such as MG-ALFA, PolySystems, Axis, Excel and other database software. This position is also involved in core actuarial functions of product design and pricing, or valuation of liabilities, and compliance related work.

This is a Binghamton Home Office position.

Requirements

• 1 year of related experience required.
• Minimum of 1 exam in progression towards the FSA designation required. Completion of 2 exams preferred.
• Intermediate proficiency in Microsoft Excel required.
• Basic proficiency in Microsoft Word required.
• Strong problem solving abilities.
• Ability to work independently with minimal supervision.
• Excellent written and verbal communication skills.
• Ability to perform work accurately and thoroughly.
• Excellent attention to detail.
• Ability to prioritize and organize a heavy workload.
• Bachelor’s degree in actuarial science or mathematics required. Degree in closely related field of study acceptable.

Nice To Haves

• Completion of 2 exams preferred.
• Proficiency with MG-ALFA or Axis or other actuarial software preferred.
• Experience with databases and the ability to program and write queries preferred.

Responsibilities

• Create, setup and verify actuarial models in Excel, database software and MG-ALFA and Axis actuarial software. Support Illustration Actuary testing, pricing, profit analysis, and nonforfeiture testing.
• Support the creation of actuarial memorandums for state filing and actuarial reports for management.
• Support the implementation and testing of new products off our administrative and product development models.
• Research and analyze competitive information relating to products, pricing, financial information and experience assumptions.
• Provide additional support as needed to the department.
• Continue to pass actuarial exams with the goal of becoming a Fellow of the Society of Actuaries. Comply with program rules.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 101-250 employees