Actuarial Analyst

Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals. All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.

Job Summary

This position will be responsible for assisting with the analysis of our in-force block of business and developing recommendations for assumption setting. This individual will be an integral part of the Experience Analysis Team and have opportunities to participate in developing, designing, automating, and implementing key metrics and insights regarding mortality, persistency and policy utilization for our annuity and life business.

Main Accountabilities

• Assist with the completion of annual experience studies.
• Develop automated repeatable transparent processes to streamline the experience analysis function.
• Grow advance skills in programming and data visualization tools.
• Develop and implement enhancements to our experience study data quality, model efficiency, and model effectiveness.
• Maintain and develop monthly or quarterly reports to monitor company experience.
• Ensure adequate governance and documentation of actuarial processes.
• Collaborate with cross-functional individuals throughout the organization to optimize results. This is expected to include in-person work in our home office on a hybrid basis.
• Participate in special projects as needed.
• Continue progress towards FSA designation offered by Society of Actuaries through company supported Actuarial Student Program.

Qualifications

• Bachelor’s degree in actuarial science, finance, economics, math, statistics, physics, engineering, or related field.
• At least one Society of Actuaries actuarial exam passed.
• Strong analytical, organizational, communication (oral/written), time management, project management, and solution finding skills.
• Proficiency in Excel (including VBA).
• Proficiency in a statistical programming language such as SAS, Python or R is preferred.
• Proficiency in database tools (Microsoft Access, SQL, etc.) is preferred.
• Self-starter with the ability to balance multiple projects and priorities.
• Willingness to work slices of unusual hours to expedite work.
• Effective communication skills
• This position is hybrid with 3 days in the office in Zionsville, IN

Benefits Highlights:  

Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options. Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability, and to enroll in the Company’s Employee Assistance Program and other wellness initiatives. Employees may also participate in the Company’s 401K plan, with matching contributions by the Company. 

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