Actuarial Technician

Navy Mutual; Arlington (VA); On-site; USD 69,000 - 86,000; Full time

Job summary

Navy Mutual in Arlington, VA seeks an Actuarial Technician to provide data analysis, reporting, and pricing support for life insurance products. The role focuses on data preparation, reserve support, and experience studies, ensuring accuracy to inform financial results and business decisions.

Responsibilities include compiling and reconciling actuarial data, preparing recurring reports, supporting audits and regulatory needs, and improving reporting automation.

Qualifications

• Bachelor's degree in a quantitative or business-related field.
• Strong Excel skills and analytical ability.
• Strong attention to detail and organizational skills.
• Experience in insurance, finance, or actuarial support preferred.

Responsibilities

• Compile, validate, and reconcile actuarial and insurance-related data.
• Prepare recurring actuarial reports, spreadsheets, and support exhibits.
• Assist with reserve analysis, pricing support, and experience studies.
• Maintain documentation, workpapers, and reporting procedures.
• Support audits, financial reporting, and regulatory reporting needs.
• Identify and resolve data discrepancies.
• Assist with process improvement and reporting automation efforts.
• Collaborate with cross-functional teams to obtain and verify required information.
• Assist in resolving non-standard policyholder questions and requests.
• Additional duties depending on industry experience of candidate.
• Other duties as assigned

Skills

Analytical ability

Excel proficiency

Attention to detail

Organizational skills

Education

Bachelor's degree in quantitative or business-related field

Tools

Excel

Job description

The Actuarial Technician provides technical and analytical support to the actuarial department within a life insurance company. This role assists with data preparation, reporting, reserve support, pricing analysis, and experience studies. The incumbent ensures the accuracy of actuarial data and reports while supporting business decisions related to life insurance products and financial results. Job Brief:

The Senior Actuarial Technician will ensure NM data is accurate, help automate reporting processes, and collaborate with teams across the company to resolve unique policyholder requests.

Job Scope:

The Actuarial Technician supports the actuarial department through data analysis, reporting, reserve support, pricing analysis, and experience studies. The position is responsible for maintaining accurate actuarial data and providing reliable analysis to support life insurance products and financial results.

Duties and Responsibilities:

• Compile, validate, and reconcile actuarial and insurance-related data
• Prepare recurring actuarial reports, spreadsheets, and support exhibits
• Assist with reserve analysis, pricing support, and experience studies
• Maintain documentation, workpapers, and reporting procedures
• Support audits, financial reporting, and regulatory reporting needs
• Identify and resolve data discrepancies
• Assist with process improvement and reporting automation efforts
• Collaborate with cross-functional teams to obtain and verify required information
• Assist in resolving non-standard policyholder questions and requests
• Additional duties depending on industry experience of candidate
• Other duties as assigned

Qualifications:

• Bachelor's degree in a quantitative or business-related field
• Strong Excel skills and analytical ability
• Strong attention to detail and organizational skills
• Experience in insurance, finance, or actuarial support preferred

Navy Mutual offers a comprehensive total rewards package to include competitive compensation and benefit programs. Information on these benefit programs is available at Navy Mutual Career Page.

This position has an annualized market-based salary range of $69,000 - $86,000 and is eligible to participate in the Association's bonus program. The final salary offered will generally fall within this range. Multiple factors are taken into consideration to arrive at the compensation package offered to the selected candidate. Factors include, among others, the scope and responsibilities of the role, the selected candidate's work experience, education and training, the work location as well as market and business considerations.

At this time, Navy Mutual will not sponsor a new applicant for employment authorization for this position.