Actuarial Analyst

NAIC; Kansas City (MO); Hybrid; USD 93,000 - 97,000; Full time

Job summary

The National Association of Insurance Commissioners (NAIC) is seeking an Actuarial Analyst to analyze confidential group annuity and life mortality data and communicate findings. The role supports VM-50/VM-51 requirements and uses data science tools to identify trends and outliers.

You will prepare reports and presentations while working remotely within the United States or in a hybrid capacity at the NAIC Kansas City, MO office.

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or similar degree from an accredited college or university and prior actuarial experience gained through one or more actuarial internships.
• Passed at least one actuarial exam through the Society of Actuaries.
• Basic knowledge of life insurance, actuarial concepts, and regulatory requirements for life insurance.
• Experience in two or more: pension risk transfer, accelerated underwriting, mortality studies, life/annuity valuation or pricing, predictive analytics, and data visualizations.
• Knowledge of VM-50 and VM-51 requirements for life insurance.

Responsibilities

• Collect, process, and maintain confidential group annuity and life insurance mortality experience data filings.
• Develop expertise in VM-50 and VM-51 requirements.
• Support data structure, validation, governance efforts, including data dictionaries and submission rules.
• Use analytical tools, data visualization, trend analysis, and data science methods to evaluate submissions and aggregated data.
• Identify and communicate statistical results, benchmarks, outliers, and key findings through reports, presentations, and emails.
• Support confidential company SharePoint sites.
• Complete ad-hoc projects in a timely manner.

Skills

Actuarial concepts

Life insurance basics

Regulatory knowledge

Data analysis

Predictive analytics

Data visualization

Education

Bachelor's degree in Actuarial Science / Mathematics / Statistics

Actuarial internships

Passes at least one actuarial exam (SOA)

Tools

Tableau

SQL

SAS

R

Microsoft Office Suite

Job description

Job Description: The Financial Regulatory Services division of the National Association of Insurance Commissioners (NAIC) has an exciting opportunity for a Actuarial Analyst. This team member will analyze confidential group annuity and life insurance mortality data, applying actuarial expertise and data science tools to validate submissions and identify trends, benchmarks, and outliers. They will communicate key findings through reports and presentations. This is a full-time position with will allow a person to work remotely within the united states or hybrid out of the NAIC Kansas City, Mo office.

Responsibilities

Include Collects, processes, and maintains confidential group annuity and life insurance mortality experience data filings. Develops expertise in relevant Valuation Manual requirements, including VM-50 and VM-51. Supports data structure, validation, and governance efforts, including data dictionaries, submission review rules, confidentiality, and procedure documentation. Uses analytical tools, data visualization, trend analysis, and data science methods to evaluate company submissions and aggregated data. Identifies and communicates statistical results, benchmarks, outliers, and key findings through reports, presentations, and email communications. Supports confidential company SharePoint sites. Completes ad-hoc projects in a timely manner.

Minimum Education and/or Experience Required

Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or similar degree from an accredited college or university and prior actuarial experience gained through one or more actuarial internships. Passed at least one actuarial exam through the Society of Actuaries.

Preferred Experience

Basic knowledge of life insurance, actuarial concepts, and regulatory requirements for life insurance. Experience in two or more of the following areas are preferred: pension risk transfer annuities, accelerated underwriting, mortality experience studies, life or annuity valuation, life or annuity pricing, predictive analytics, and data visualizations. Knowledge of VM-50 and VM-51 requirements for life insurance.

Systems & Technology Requirements

Microsoft Office Suite, Tableau, SQL, and statistical software (e.g., SAS, R).

Compensation

$93,263 - $96,600, commensurate with education and experience.

Sponsorship

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

The NAIC is proud to be an Equal Opportunity Employer Applicants for all positions are considered without regard to age, race, creed, color, religion, sex, sexual orientation, gender identity or expression, national origin or ancestry, marital status, pregnancy, genetic information, military or veteran status, disability, or any other basis protected by applicable law.

LEARN MORE ABOUT THE NAIC

Company Overview

The National Association of Insurance Commissioners (NAIC) is a member-focused, non-profit Association supporting state insurance commissioners, and their departments, to effectively regulate the insurance industry and protect consumers. Headquartered in Kansas City, New York, and Washington DC, our 150-year-old Association offers the coordination of expertise in policy and regulation among state departments, data and technology, financial regulatory support, training and education, and resources for ongoing collaboration among the states and jurisdictions.

Diversity Statement

Our member-driven Association supports the dynamic and diverse needs of state regulatory agencies and the consumers of insurance products and services. Through our ongoing commitment to Diversity, Equity, and Inclusion, we believe our employees provide a wide range of experience and expertise to generate better ideas and solve complex problems consumers and our members face as insurance products and regulations evolve over time.

Guiding Principles

• We put customers first
• We are committed to continuous improvement
• We succeed by working together
• We do what it takes to get the job done
• We communicate often
• We treat colleagues with respect and honesty