Actuarial Analyst

Penn Mutual; United States; Remote; USD 75,000 - 90,000; Full time

Job summary

Penn Mutual seeks an Actuarial Analyst in the United States to gain hands-on experience across actuarial disciplines while progressing toward the FSA designation.

The role blends analytical work with collaboration and professional growth, with a flexible remote-first policy enabling you to work where you perform best. You will support product development, reserving, financial reporting and regulatory requests, and contribute to process improvements using AI-enabled tools.

Qualifications

• Bachelor’s degree in actuarial science, mathematics, or related field.
• 0–3 years of actuarial experience.
• Committed to pursuing the ASA and FSA designations.

Responsibilities

• Perform actuarial calculations and analyses supporting product development, financial management, reserving, experience studies, risk management, and other business initiatives.
• Analyze data, assumptions, and results, investigating and resolving issues as appropriate.
• Support actuarial research, audits, financial reporting, and regulatory or rating agency requests.
• Prepare documentation, reports, and presentations for management and other internal or external stakeholders.
• Identify, recommend, and implement process improvements, including the use of emerging technologies and AI-enabled tools, to improve actuarial efficiency.
• Partner with departments such as Accounting and Operations to support cross-functional initiatives.
• Adhere to company policies, actuarial standards, and the company’s framework of internal controls.

Skills

Interpersonal skills

Analytical thinking

Detail-oriented

Written and verbal communication

Initiative and problem solving

Education

Bachelor's Degree in Actuarial Science or Mathematics

Job description

Job Description:

We’re looking for an Actuarial Analyst to join Penn Mutual! In this role you will gain hands-on experience across multiple actuarial disciplines while progressing toward your FSA designation. This role offers a dynamic blend of analytical work, collaboration across teams, and professional growth.

We’ve embraced a flexible, remote first approach to work. Based on your role and personal preference, we empower you to choose where you work best. This model allows you to balance your life and bring your whole self to work.

Responsibilities

• Perform actuarial calculations and analyses supporting product development, financial management, reserving, experience studies, risk management, and other business initiatives.
• Analyze data, assumptions, and results, investigating and resolving issues as appropriate.
• Support actuarial research, audits, financial reporting, and regulatory or rating agency requests.
• Prepare documentation, reports, and presentations for management and other internal or external stakeholders.
• Identify, recommend, and implement process improvements, including the use of emerging technologies and AI-enabled tools, to improve actuarial efficiency.
• Partner with departments such as Accounting and Operations to support cross-functional initiatives.
• Adhere to company policies, actuarial standards, and the company’s framework of internal controls.

Skills and Abilities

• Good interpersonal skills
• Strong analytical, problem solving and critical thinking skills
• Must be detail-oriented and be able to handle multiple tasks/projects as well as exercise initiative and follow-through to meet deadlines
• Excellent written and verbal communication skills
• Ability to make a positive contribution as demonstrated by learning new skills and making suggestions for process/procedure improvement

Education

• Bachelor’s Degree major/concentration in Actuarial Science, Mathematics or related discipline Required

Experience

• 0-3 Years of experience Required and
• One exam toward the eventual attainment of ASA Required and
• Committed to pursuing the FSA designation Required and

Base Salary Range

$75,000 - $90,000

For over 175 years, Penn Mutual has empowered individuals, families and businesses on the journey to achieve their financial goals. Through our partnership with Financial Professionals across the U.S., we help instill the confidence and reliability that comes from a stronger financial future. Penn Mutual and its affiliates offer a comprehensive suite of competitive products and services to meet the unique needs of Financial Professionals and their clients, including life insurance, annuities, wealth management and institutional asset management. To learn more, including current financial strength ratings, visit www.pennmutual.com.

Penn Mutual is committed toEqual Employment Opportunity(EEO). We provide employment and advancement opportunities to all qualified applicants and associates, according to applicable laws. This is reflected in our practices for hiring, placement, promotion, transfer, demotion, layoff, termination, recruitment, compensation, selection or training, and all other terms and conditions of employment. All employment-related decisions and practices are free from unlawful discrimination. This includes: race, creed, color, national origin, ancestry, citizenship age, gender (including pregnancy), sexual orientation, gender identity or expression, domestic partnership or civil union status, marital status, genetic information, disability, religious observance or practice, liability, veteran status or any other classification protected under applicable law.