Actuarial Analyst (3+ Years/Programming Exp-SAAS)

Assurant; United States; Remote; USD 80,000 - 120,000; Full time

Job summary

A leading company in the insurance sector is seeking an Actuarial Analyst to support pricing, reserving, and financial reporting among other actuarial functions. The position allows for remote work while providing exposure to various actuarial functions and a chance to pursue actuarial qualifications in a supportive environment. Candidates should have a degree in Mathematics or Actuarial Science, along with significant experience in the field, and advanced proficiency in data analysis and MS Office applications.

Qualifications

• Bachelor’s degree in Mathematics or Actuarial Science, 4-6+ exams completed.
• Minimum of 4-8 years of overall experience required.
• Must be pursuing or have an actuarial designation.

Responsibilities

• Responds to internal and external requests for analysis.
• Analyzes data from various source systems for accuracy.
• Implements solutions to translate financial projections into business metrics.

Skills

Advanced proficiency in MS Office Applications

Actuarial concepts understanding

Insurance product knowledge

Data analysis

Education

Bachelor’s degree in Mathematics or Actuarial Science

Tools

SAS

SQL

Excel

PowerPoint

Word

Outlook

SharePoint

Job description

Actuarial Analyst, Assurant-GCC, India

The Actuarial Analyst supports various actuarial functions that include pricing, reserving, financial reporting, capital management & forecasting. They provide advanced analysis to moderately complex, defined tasks & projects. This role recommends and implements techniques which support Assurant operations in achieving its goals related to revenue and profitability targets. The Actuarial Analyst demonstrates the ability to understand direction provided in project deliverables, time management, and development. This role is expected to also participate in the department’s exam and rotational programs, which provides the opportunity to gain experience in numerous areas of the Actuarial organization while also understanding all products included in Assurant’s product suite. The Actuarial Analyst generally reports to the Supervisor or Manager of Actuarial.

This position will be Remote at our India location.

What will be my duties and responsibilities in this job?

• Owns the process of responding to all internal, external or ad hoc requests for business unit/product line supported with direct guidance from manager.
• Appropriately analyzes, adds updates, and summarizes existing memorandum templates
• Locates and reconciles data from various source systems; ensures accuracy and recognizes adjustments needed for possible data anomalies
• Gathers information from different internal departments and complete reports and analysis as directed; understands and develops process flows; incorporate feedback provided for reporting and communications
• Assists with collecting data and responding to inquiries from state insurance departments, auditors, and internal (finance, accounting, regulatory, IT, etc.) areas regarding business processes, gaps, strategy & improvements.
• Identifies system and data inefficiencies; provide recommendations to resolve.
• Implements solutions to translate financial projections into business metrics; aware of area productivity, processes, & business profitability.
• Participates in cross-training and knowledge sharing within team/department to accomplish goals.
• Actively manages self-development. Takes actuarial exams in pursuit of professional designation.

What are the requirements needed for this position?

• Bachelor’s degree in Mathematics, Actuarial Science, or related field and a minimum of 4-6 + exams completed.
• Minimum of 4-8 years of overall experience.
• Must be pursuing actuarial designation or is already an Associate of the Actuarial Society (CAS/SOA/CIA/IFoA).
• Minimum of 3-6 years of progressive responsibilities and related experience in an actuarial role.
• Has advanced level of understanding actuarial concepts, insurance product and industry knowledge
• Advanced proficiency in MS Office Applications including Excel, PowerPoint, Word, Outlook, SharePoint. Advanced to Expert proficiency to various data repository platforms (SAS/SQL/etc.)

What other the Preferred Experience, Skills, and Knowledge?

• Bachelor’s degree in Mathematics, Actuarial Science, or related field and a minimum of 4-6+ exams completed
• Minimum of 4-8 years of overall experience.
• Must be pursuing actuarial designation or is already an Associate of the Actuarial Society (CAS/SOA/CIA/IFoA).
• Minimum of 3-6 years of progressive responsibilities and related experience in an actuarial role.
• Has advanced level of understanding actuarial concepts, insurance product and industry knowledge
• Advanced proficiency in MS Office Applications including Excel, PowerPoint, Word, Outlook, SharePoint. Advanced to Expert proficiency to various data repository platforms (SAS/SQL/etc.)
• Exhibits advanced skills in completing moderate to complex, defined tasks & projects.
• Handles basic conflicts independently and seeks advice on more complicated matters.
• Establishes rapport with internal and external groups to stay abreast with ongoing activity that may need actuarial engagement.
• Demonstrates cordial, clear, and concise writing abilities through various forms of media related to technical and non-technical topics.