Actuarial Analyst II

Posted Yesterday
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Kansas City, MO, USA
In-Office
Entry level
Insurance
The Role
Provides actuarial support for a life insurance company by analyzing and validating data, using and validating actuarial models, reviewing assumptions and outputs, supporting peer presentations, and assisting actuarial and cross-functional teams. The role also requires studying for Society of Actuaries exams and developing knowledge of actuarial standards, regulations, insurance products, and company systems.
Summary Generated by Built In

JOB SUMMARY:

Americo is currently hiring for an Actuarial Analyst II. This position is tasked with providing actuarial support and gaining a working knowledge of actuarial and company systems. It is required to learn the actuarial Code of Professional Conduct and to study for Society of Actuaries examinations.

KEY RESPONSIBILITIES:

  • Study for and pass SOA exams, become familiar with ASOPs and regulations, develop technical skills
  • General understanding of Actuarial assumptions being used and correct usage thereof
  • Ability to obtain required data in support of work. Validate integrity of data and perform needed analysis. Effectively present results for peer review and presentation.
  • Fundamental understanding of actuarial model including inputs and calculations therein Effective utilization of model and ability to make changes with manager support. Validation of model output and assessment of appropriateness.
  • Provide support as requested for both the Actuarial department and other functional areas with focus on accuracy and efficiency. Ensure a general understanding of why the support is needed and what the end goal is.

KNOWLEDGE AND QUALIFICATIONS:

  • General knowledge of life insurance industry and practices, actuarial guidelines, Code of Professional Conduct, and applicable laws and regulations.
  • Knowledge of insurance products, actuarial software, and administrative systems
  • Ability to solve problems, analyze data, and reconcile results
  • Communication, people, and project management skills

EDUCATION:

  • 4 year college degree

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

  • Four-year college degree
  • General knowledge of the life insurance industry and practices
  • Knowledge of actuarial guidelines, Code of Professional Conduct, applicable laws, and regulations
  • Knowledge of insurance products, actuarial software, and administrative systems
  • Ability to solve problems, analyze data, and reconcile results
  • Communication, interpersonal, and project management skills
  • Ability to study for and pass Society of Actuaries examinations
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The Company
HQ: Kansas City, MO
421 Employees
Year Founded: 1946

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.

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