Assistant Actuary

Woodmenlife

Omaha (NE)

Hybrid

USD 70,000 - 100,000

Full time

14 days+
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Job summary

WoodmenLife in Omaha seeks an Assistant Actuary to support actuarial functions across products and financial solutions. You will contribute to growth and financial soundness by creating models with accuracy and efficiency for pricing, administration, and projections.

The role requires an ASA with BS degree and four years of actuarial experience, strong math skills, and effective communication. Hybrid or remote work options support flexible schedules and collaboration.

Qualifications

  • ASA with BS degree or higher and four years actuarial experience.
  • Advanced knowledge of spreadsheets, databases and mathematics.
  • In-depth knowledge of financial and modeling software.
  • Requires technical writing skills and effective verbal communication.
  • Requires flexible hours of work to meet deadlines and match business requirements.
  • Requires superior problem solving skills.

Responsibilities

  • Provide analysis and create models to support pricing, product development, and financial projections.
  • Assist in training other associates.
  • Participate on division or cross-functional project teams.
  • Maintain punctuality and adhere to WoodmenLife policy.
  • Perform other duties as assigned by management.

Skills

Actuarial experience
Mathematical proficiency
Technical writing & communication

Education

ASA with BS degree

Tools

Spreadsheets
Databases
Financial modeling software

Job description

Job Title: Assistant Actuary

This position could have a hybrid or possibly remote work schedule.

WoodmenLife is looking to hire an Assistant Actuary to join our team! In this role, you will Contribute to the growth and financial soundness of the organization by assisting actuarial functions that support various WoodmenLife insurance products. Provide analysis and creates models with acceptable levels of accuracy and efficiency that is used in financial solutions.

WoodmenLife is one of the best places to work in Omaha, with more than 135 years of service rooted in purpose and community. Since 1890, WoodmenLife has been dedicated to helping hardworking Americans secure their families’ financial futures and leave a lasting legacy. As a purpose‑driven, not‑for‑profit life insurance company, our commitment is to our members and the communities they call home.

As a member of the WoodmenLife family, you’ll join others who share a commitment to family, community, and country. We offer a comprehensive benefits package including health, dental, vision, 401(k), life insurance, and more.

We are looking for someone to:
  • The Assistant Actuary provides analysis and creates models that assist the following actuarial functions. Average percent of time spent within any single function varies by the incumbent.
    • Pricing and Product Development
    • Product Administration
    • Illustration Actuary Compliance and Illustration System Administration
    • Refund Determination and Inforce Product Management
    • Financial Projections, including Enterprise Value Projections
    • Valuation and Financial Reporting
    • Experience Studies
    • Reinsurance
    • Risk Management
  • May assist in the training of other associates.
  • May participate on a division or cross-functional project team or committee.
  • Meets expectations for attendance and punctuality in accordance with the expectations established by your supervisor and WoodmenLife policy.
  • Performs other duties as assigned by management.
We need someone who has:
  • ASA with BS degree or higher and four years actuarial experience.
  • Advanced knowledge of spreadsheets, databases and mathematics.
  • In-depth knowledge of financial and modeling software.
  • Requires technical writing skills and effective verbal communication.
  • Requires flexible hours of work to meet deadlines and match business requirements.
  • Requires superior problem solving skills.
  • Ability to provide seamless, trustworthy, attentive and resourceful (S.T.A.R.) customer service.
  • Engages well with others and are passionate about providing an exemplary customer experience.
If you're ready to make an impact in your community, we’d love to hear from you.

As part of WoodmenLife’s employment process, candidates will be required to complete a criminal background check, credit check (when required for position), fingerprint check (when required for position), drug screen and reference checks. Any offer of employment will be contingent upon successfully passing the above.

WoodmenLife is welcoming to all regardless of background and beliefs. WoodmenLife respects every associate’s unique perspective and contribution. We are committed to creating an environment that values differences, and creates opportunities for growth, leadership and service. This commitment includes providing equal opportunity in recruitment, employment and promotion, training and community outreach. WoodmenLife is also dedicated to strengthening the communities in which its employees live.

APPLICANTS WITH DISABILITIES SHOULD ADVISE THE HUMAN RESOURCES DEPARTMENT AT THE TIME OF APPLICATION IF SPECIAL ACCOMMODATIONS ARE NEEDED. Woodmen of the World Life Insurance Society (WoodmenLife) is an equal opportunity employer.

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