Actuarial Associate II — Friday Afternoons Off, ESOP

Sammons Financial Group Companies; Chicago (IL); On-site; USD 86,000 - 143,000; Full time

Benefits offered by this job

Health coverage

ESOP plan

401(k) plan

Friday time off

Paid time off

Tuition reimbursement

Professional development

Volunteer time off

Job summary

Sammons Financial Group is seeking an actuarial professional at Associate 1/2/3 level to support modeling, analytics, and financial reporting for insurance products. The role includes preparing materials for regulatory compliance and applying actuarial assumptions in modeling.

Ideal candidates will have 3–5 years of actuarial experience, strong math skills, and ongoing SOA exam progress. A collaborative, detail-oriented, office-based role is offered in the Chicago area.

Qualifications

• Bachelor's Degree preferably in the area of mathematics, or a business related field.
• 3-5 years' Experience in the field of Actuarial Science Preferred
• Demonstrate a high level of mathematical ability and attention to detail and strong analytical skills
• Demonstrate strong computer skills including experience using applicable technical tools
• Demonstrate strong written and verbal communication skills
• Possess basic knowledge of insurance industry and SOA exam progression
• Ability to work both individually and as part of a team

Responsibilities

• Develop knowledge of Sammons Financial Group products related to area of focus.
• Understand the basic types of insurance contracts, actuarial regulations, product features and policy transactions.
• Develop knowledge of actuarial assumptions and modeling; interpret data and justify simple recommendations.
• Learn actuarial modeling/valuation software; build and modify simple financial models.
• Assist in basic financial reporting for balance sheets and income statements.
• Perform data analysis using spreadsheets/databases and present findings clearly.
• Support risk analysis and mitigation discussions with the team.
• Collaborate across departments and participate in special projects.

Skills

Analytical skills

Attention to detail

Computer skills

Written and verbal communication

Teamwork

Problem analysis

Education

Bachelor's degree in mathematics or related field

Tools

Actuarial software

Job description

Sammons Financial Group is seeking an actuarial professional at Associate 1/2/3 level to support modeling, analytics, and financial reporting for insurance products. The role includes preparing materials for regulatory compliance and applying actuarial assumptions in modeling.

Ideal candidates will have 3–5 years of actuarial experience, strong math skills, and ongoing SOA exam progress. A collaborative, detail-oriented, office-based role is offered in the Chicago area.