Actuarial Analyst, Insurance Risk — Hybrid (4/1)

Ameriprise Financial Services, LLC; Minneapolis (MN); On-site; USD 67,000 - 92,000; Full time

Job summary

Ameriprise Financial is seeking an Actuarial Analyst to join the Insurance Risk team in Minneapolis. The role supports quarterly and ad-hoc risk reporting, validates models, and communicates insights to stakeholders.

You will modify and document actuarial models and assist with governance and controls within a defined scope. Required: a bachelor's degree in actuarial science or related field, 1–3 years of experience, and at least one actuarial exam passed.

Qualifications

• Bachelor's degree or equivalent in Actuarial Science, Mathematics, Statistics, Data Science, or related disciplines.
• 1-3 years of relevant experience.
• At least 1 Actuarial exam passed.
• Preferred: Validation by Educational Experience (VEE) coursework.
• Preferred: Actuarial internship experience.
• Preferred: Experience with MS Excel, VBA, MS Access, and other database applications.

Responsibilities

• Support quarterly and ad-hoc Insurance risk reporting and analysis, including preparation, validation, and communication of results and insights to key stakeholders.
• Provide technical analysis and support by modifying, maintaining, operating and documenting actuarial models based in spreadsheets or other analytical software.
• Assist in evaluating the impacts of model change requests by developing expertise in market sensitivities, Statutory and GAAP accounting, and actuarial modeling techniques.
• Participate in actuarial projects within a well-defined scope and responsibility, describing actuarial concepts to other business areas and testing results of project implementations.
• Support the operation and validation of business controls and model governance requirements; perform basic logical validation on inputs and outputs and collect evidence.

Skills

Actuarial exam passed

Education

Bachelor's degree or equivalent in Actuarial Science, Mathematics, Statistics, Data Science, or related disciplines

Tools

MS Excel

VBA

MS Access

Job description

Ameriprise Financial is seeking an Actuarial Analyst to join the Insurance Risk team in Minneapolis. The role supports quarterly and ad-hoc risk reporting, validates models, and communicates insights to stakeholders.

You will modify and document actuarial models and assist with governance and controls within a defined scope. Required: a bachelor's degree in actuarial science or related field, 1–3 years of experience, and at least one actuarial exam passed.