Job Description:
We are seeking a motivated and detail-oriented individual to join our actuarial team as an Actuarial Analyst. This role is ideal for recent graduates or early-career professionals pursuing actuarial credentials. You will support pricing initiatives, product development and valuation efforts that contribute to the financial health and strategic decision-making of our life and annuity product portfolio.
Key Responsibilities:
- Assist in the pricing and design of new life insurance products, including term, whole life, universal life, indexed UL, fixed indexed annuities and fixed annuities.
- Support experience studies and assumption development for mortality, lapse, and expense trends.
- Contribute to the preparation of actuarial models for product profitability, cash flow testing, and reserve calculations.
- Collaborate internally with multiple departments to support product launches and enhancements.
- Help prepare regulatory filings and documentation for state departments of insurance.
- Participate in the development, maintenance and improvement of actuarial tools and automation processes.
- Progress toward actuarial credentials through exam support and professional development.
Experience and Qualifications:
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field.
- Completion of at least one Society of Actuaries (SOA) exam (preferred).
- Strong analytical, conceptual-thinking and problem-solving skills.
- Proficiency in Excel; experience with actuarial software (e.g. AXIS, Prophet) and programming languages (e.g. SQL, Python, R) is a plus.
- Excellent communication and collaboration skills.
- Ability to manage multiple tasks and meet deadlines in a dynamic environment.
Preferred Skills:
- Internship or prior experience in life insurance or actuarial work.
- Familiarity with life insurance products and regulatory environment.
- Exposure to valuation principles and financial reporting frameworks (e.g., GAAP, statutory).
What We Offer:
- Supportive environment for actuarial exam progression and continuing education.
- Competitive compensation and comprehensive benefits.
- Opportunities for growth within the actuarial team.
- Collaborative and inclusive workplace culture.
About Us
Americo: We’re in this for life!
The roots of the Americo family of companies date back more than 100 years. Americo is a life insurance and annuity company providing innovative products to our customers. At Americo, it’s the people who make things work, so we hope you join us!
What you’ll love about working at Americo:
Compensation:
Our competitive pay and robust bonus program, offered to all associates, will make you feel valued.
Learning and development:
We prepare you for success with a comprehensive, paid training program. Additionally, our Talent Development team creates various development opportunities for associates at every stage of their careers.
Work-life balance:
We value work-life balance with our generous paid time off; you begin accruing hours every month, and they increase with tenure. All new hires earn over three weeks of paid time off annually, plus 11 paid company holidays! We also support new mothers with a maternity leave program, along with paid STD and LTD.
Health and well-being:
We commit to your health and well-being and are proud to offer comprehensive health and life insurance options, including FSA or HSA accounts and subsidies to support your health and fitness goals through vendor partnerships at The Y, Orange Theory, WW, and more.
Future planning:
Americo offers a 401(k) with a company match. We also have tuition reimbursement programs to further your education.
Giving back:
We support several local organizations, such as Ronald McDonald House, Hope Lodge, the American Red Cross, Harvesters, and many more. Our associates volunteer their time and donate money alongside the company to make a difference in our community.
The fun stuff:
Americo participates in the Kansas City Corporate Challenge, a great way to connect with coworkers. Additionally, we host events like a Royals Party at the K, a legendary Holiday Party, and in-office events with local vendors to allow associates to step away from work and enjoy each other’s company.
Bustling environment:
Our newly renovated offices are conveniently located in downtown Kansas City, within walking distance of your favorite restaurants and attractions. Plus, you’ll receive complimentary paid parking near our Americo offices – downtown parking is a premium, but we’ve got you covered.
#AMERICO
Skills Required
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field
- Strong analytical, conceptual-thinking, and problem-solving skills
- Proficiency in Excel
- Excellent communication and collaboration skills
- Ability to manage multiple tasks and meet deadlines in a dynamic environment
- Completion of at least one Society of Actuaries exam
- Experience with actuarial software such as AXIS or Prophet
- Experience with SQL, Python, or R
- Internship or prior experience in life insurance or actuarial work
- Familiarity with life insurance products and the regulatory environment
- Exposure to valuation principles and financial reporting frameworks such as GAAP and statutory accounting
What We Do
Americo offers a complete portfolio of competitive life insurance, Medicare Supplement insurance, and annuity products. Every product is designed with our policyholders and agents in mind. A customer-centric attitude combined with sound management and business practices has brought us to the top of our game.
