Sr. Actuarial Assistant, Actuarial Development Program

Unum; Portland (ME); On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

Health benefits

401(k) match up to 9.5%

Mental health support

Tuition reimbursement

Student loan repayment

Volunteer PTO

Job summary

Unum, Portland, ME, seeks an intermediate actuarial professional to analyze complex data for experience studies, valuation, and pricing projects. The role supports pricing tools and collaborates with underwriting, product, and risk teams to drive informed decisions.

Minimum qualifications include passing four actuarial exams and 1–2+ years of relevant experience, with strong Excel skills and a programming foundation. The position offers growth, mentorship, and career development opportunities.

Qualifications

• Bachelor's Degree required.
• Credit for at least four actuarial exams.
• 1–2+ years hands-on experience in business analysis, pricing, valuation, ALM or corporate experience.
• Strong problem solving ability and developing project management skills.
• Hands-on experience with Excel, one programming language, plus mainframe systems or database utilities.
• Solid written and verbal communication skills.
• Demonstrated leadership ability.

Responsibilities

• Prepare and analyze intermediate to complex data for actuarial studies, valuation, or pricing projects.
• Support development of pricing and underwriting tools and assist others with technical questions.
• Develop reserve factors, analyze reserves and monitor changes.
• Support preparation of financial reports, tax returns and state filings as needed.
• Contribute to product development and repricing initiatives.
• Lead or mentor junior teammates and assist interns.

Skills

Actuarial analysis

Data analysis

Pricing

Valuation

ALM

Excel

Programming

Communication

Education

Bachelor's Degree

Credit for four actuarial exams

Tools

Mainframe systems

Database utilities

Programming language

Job description

When you join the team at Unum, you become part of an organization committed to helping you thrive.

Here, we work to provide the employee benefits and service solutions that enable employees at our client companies to thrive throughout life's moments. And this starts with ensuring that every one of our team members enjoys opportunities to succeed both professionally and personally. To enable this, we provide:

• Award-winning culture
• Inclusion and diversity as a priority
• Performance Based Incentive Plans
• Competitive benefits package that includes: Health, Vision, Dental, Short & Long-Term Disability
• Generous PTO (including paid time to volunteer!)
• Up to 9.5% 401(k) employer contribution
• Mental health support
• Career advancement opportunities
• Student loan repayment options
• Tuition reimbursement
• Flexible work environments
• All the benefits listed above are subject to the terms of their individual Plans .

And that's just the beginning...

With 10,000 employees helping more than 39 million people worldwide, every role at Unum is meaningful and impacts the lives of our customers. Whether you're directly supporting a growing family, or developing online tools to help navigate a difficult loss, customers are counting on the combined talents of our entire team. Help us help others, and join Team Unum today!

General Summary:

This is an intermediate level position, which requires increasing technical expertise and decision making. This individual will be able to independently identify trends/issues and will successfully contribute in project work primarily within the functional area. The role may still require some support from manager/mentor on more complex analysis Minimum qualifications include passing 4 actuarial exams and having a minimum of 12 months relevant experience. There are no direct reports associated with this position.

Principal Duties and Responsibilities

• Prepare and analyze intermediate to complex data for use in actuarial experience studies, valuation, or pricing projects
• Provide significant support for development of pricing and underwriting tools and provide increasing support for helping others understand underwriting case specific issues by answering technical question
• Develop reserve factors, analyze reserves and monitor reserve changes
• Develop experience analysis reviews
• Support maintenance of valuation system
• Support preparation of financial reports, tax returns and state filings as needed
• Contribute to product development and repricing initiatives
• Begin working with product, underwriting, compliance, risk management, investments and other areas on specific initiatives; communicate project status within functional area
• Prepare intermediate to complex reports
• Demonstrate commitment to career development and growing financial acumen by pursuing actuarial credentials and membership in the Society of Actuaries
• Continuous assessment of established training and work processes to identify areas for effectiveness and efficiency improvements. Contributes to operating effectiveness through information sharing, suggested process improvements and effective implementation of change
• Communicate trends and issues identified and proactively recommend resolutions to management
• Work on and/or lead special projects that require actuarial research and analysis which may involve partnering with other business areas both in and out of finance.
• Maintain and continue to build on a specialized working knowledge of the company operations, systems and in the actuarial discipline
• May serve as informal leader/mentor to more junior level peers as well as training interns
• May perform other duties as assigned

Job Specifications

• Bachelors Degree required
• Credit for at least four exams
• 1-2+ years of hands-on experience and in-depth knowledge of business analysis, pricing, valuation, ALM or corporate experience
• Strong problem solving ability and developing project management skills
• Hands on experience with current technology (excel, one programming language, plus mainframe systems or database utility)
• Solid written and verbal communication skills
• Demonstrated leadership ability

#LI-JP1

Unum and Colonial Life are part of Unum Group, a Fortune 500 company and leading provider of employee benefits to companies worldwide. Headquartered in Chattanooga, TN, with international offices in Ireland, Poland and the UK, Unum also has significant operations in Portland, ME, and Baton Rouge, LA - plus over 35 US field offices. Colonial Life is headquartered in Columbia, SC, with over 40 field offices nationwide.

Unum is an equal opportunity employer, considering all qualified applicants and employees for hiring, placement, and advancement, without regard to a person's race, color, religion, national origin, age, genetic information, military status, gender, sexual orientation, gender identity or expression, disability, or protected veteran status.

The base salary range for applicants for this position is listed below. Unles