Actuarial Analyst I

Americo Financial Life and Annuity; North Kansas City (MO); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Competitive compensation

Comprehensive benefits

Tuition reimbursement

401k with company match

Career development

Job summary

Americo Financial Life and Annuity is seeking an Actuarial Analyst to join their actuarial team in the Kansas City area. The role targets recent graduates or early career professionals pursuing actuarial credentials and will support pricing initiatives, product development and valuation efforts for the life and annuity portfolio.

You will work on pricing and design of life insurance products, assist with experience studies, prepare models for profitability and reserve calculations, and

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics or related field.
• SOA exam completion is preferred.
• Strong analytical, conceptual thinking and problem-solving skills.
• Excel proficiency; knowledge of AXIS Prophet and SQL/Python/R is a plus.
• Excellent communication and collaboration skills.
• Ability to manage multiple tasks and meet deadlines in a dynamic environment.

Responsibilities

• Assist in pricing and design of life insurance products including term, whole life, UL, and annuities.
• Support experience studies and assumption development for mortality, lapse and expense trends.
• Prepare actuarial models for profitability, cash flow testing and reserve calculations.
• Collaborate with departments to support product launches and regulatory filings.

Job description

Job Description

We are seeking a motivated and detail oriented individual to join our actuarial team as an Actuarial Analyst This role is ideal for recent graduates or early career professionals pursuing actuarial credentials You will support pricing initiatives product development and valuation efforts that contribute to the financial health and strategic decision making of our life and annuity product portfolio

Key Responsibilities

• Assist in the pricing and design of new life insurance products including term whole life universal life indexed UL fixed indexed annuities and fixed annuities
• Support experience studies and assumption development for mortality lapse and expense trends
• Contribute to the preparation of actuarial models for product profitability cash flow testing and reserve calculations
• Collaborate internally with multiple departments to support product launches and enhancements
• Help prepare regulatory filings and documentation for state departments of insurance
• Participate in the development maintenance and improvement of actuarial tools and automation processes
• Progress toward actuarial credentials through exam support and professional development

Experience and Qualifications

• Bachelors degree in Actuarial Science Mathematics Statistics Economics or a related field
• Completion of at least one Society of Actuaries SOA exam preferred
• Strong analytical conceptual thinking and problem solving skills
• Proficiency in Excel; experience with actuarial software eg AXIS Prophet and programming languages eg SQL Python R is a plus
• Excellent communication and collaboration skills
• Ability to manage multiple tasks and meet deadlines in a dynamic environment

Preferred Skills

• Internship or prior experience in life insurance or actuarial work
• Familiarity with life insurance products and regulatory environment
• Exposure to valuation principles and financial reporting frameworks eg GAAP statutory

What We Offer

• Supportive environment for actuarial exam progression and continuing education
• Competitive compensation and comprehensive benefits
• Opportunities for growth within the actuarial team
• Collaborative and inclusive workplace culture

About Us

Americo Were in this for life The roots of the Americo family of companies date back more than 100 years Americo is a life insurance and annuity company providing innovative products to our customers At Americo its the people who make things work so we hope you join us

What youll love about working at Americo

Compensation Our competitive pay and robust bonus program offered to all associates will make you feel valued

Learning and development We prepare you for success with a comprehensive paid training program Additionally our Talent Development team creates various development opportunities for associates at every stage of their careers

Work life balance We value work life balance with our generous paid time off; you begin accruing hours every month and they increase with tenure All new hires earn over three weeks of paid time off annually plus 11 paid company holidays We also support new mothers with a maternity leave program along with paid STD and LTD

Health and well being We commit to your health and well being and are proud to offer comprehensive health and life insurance options including FSA or HSA accounts and subsidies to support your health and fitness goals through vendor partnerships at The Y Orange Theory WW and more

Future planning Americo offers a 401k with a company match We also have tuition reimbursement programs to further your education

Giving back We support several local organizations such as Ronald McDonald House Hope Lodge the American Red Cross Harvesters and many more Our associates volunteer their time and donate money alongside the company to make a difference in our community

The fun stuff Americo participates in the Kansas City Corporate Challenge a great way to connect with coworkers Additionally we host events like a Royals Party at the K a legendary Holiday Party and in office events with local vendors to allow associates to step away from work and enjoy each others company

Bustling environment Our newly renovated offices are conveniently located in downtown Kansas City within walking distance of your favorite restaurants and attractions Plus youll receive complimentary paid parking near our Americo offices downtown parking is a premium but weve got you covered AMERICO