What you will be doing
Entry-level Actuarial Analyst positions are hired into the Actuarial Rotation Program. This program provides the opportunity to rotate among the following actuarial departments within Constellation Insurance:
- Valuation
- Special Projects
- Enterprise Risk Management
- Product Development
- Hedging
- Reinsurance
As part of this program, candidates will be hired into one of these departments and spend a minimum of two years in the role before being eligible to rotate to a different department. The initial hiring role and department are based on availability and company need at time of hire.
What's in it for you
- Competitive pay: Fair compensation for your hard work.
- Healthcare coverage: Comprehensive medical, dental, and vision from day one.
- Life insurance: Company-paid coverage for you and your loved ones.
- 401(k) plan: Matching contributions to help secure your financial future.
- Family support: Paid parental leave and reimbursement for adoption and surrogacy expenses.
- Work-life balance: Flexible time-off policy to recharge and pursue passions.
- Dress for your day: Express your style comfortably at work.
- Inclusion and Culture: A respectful environment that values unique contributions.
- Flexible work options: Remote, hybrid, and onsite opportunities at various locations across the U.S. for better work-life integration.
- Well-being focus: Programs to support a healthy balance between work and home life.
- Community connections: Build strong relationships through virtual and in-person interactions, with resources for your growth.
What you need to be successful
- A bachelor's degree in actuarial science, mathematics, statistics or related quantitative field
- Passed at least one or more exams toward associateship with the Society of Actuaries
- Recent graduate with internship experience in a related field or have one to two years of related experience
- Experience with Excel, including updating and maintaining existing spreadsheets; familiarity with common formulas and analytical tools; and the ability to develop spreadsheets for actuarial analysis and reports
- Knowledge of programming, preferably experience with writing macros in Visual Basic or developing code for modeling insurance products within actuarial modeling software
- Experience using database tools (Microsoft Access and/or SAS) to build queries, analysis and use reporting tools on large sets of data
- Experience with actuarial software preferred (i.e. Moody's AXIS, MG-ALFA, Poly Systems, Prophet, Moses, etc.)
- Desired characteristics include effective communicator, problem solver, integrity, diligence, pride in work and big picture acumen
Skills Required
- Bachelor's degree in actuarial science, mathematics, statistics or related quantitative field
- Passed at least one exam toward associateship with the Society of Actuaries
- Recent graduate with internship experience related to the field or 1-2 years of related experience
- Experience with Excel and maintaining spreadsheets for actuarial analysis
- Knowledge of programming, especially experience with macros in Visual Basic
- Experience using database tools like Microsoft Access or SAS
- Experience with actuarial software like Moody's AXIS or Prophet
- Desired characteristics include effective communication, problem-solving skills, and integrity
What We Do
Constellation® is a growing portfolio of medical professional liability insurance and partner companies including MMIC, UMIA, Arkansas Mutual and MMIC RRG. We were formed in response to the ever-changing realities of health care and dedicated to reducing risk and supporting physicians and care teams, thereby improving business results. We help medical professionals attain their dream to help, heal, and serve. Our strategy is based on the fundamental belief that together we are stronger, that by sharing resources and expertise, we can help physicians, health care teams and health care institutions reduce risk, improve care and increase profitability. The best part is, what we do is good for everybody. This is how we arrived at our brand strategy, ”Together for the common good.” By working together, we all become part of something bigger than ourselves." Our insurance protects something we can all get behind: Your commitment to provide the very best in care For decades we have been backing the great work of physicians, clinics, hospitals, health systems and senior living communities throughout the country. And, we're mutual—our policyholders are owners, and their influence and expertise help guide the decisions that have made us financially strong for more than three decades. And, our policies come with brainpower—our responsive team is here to answer your questions, help you manage unanticipated situations, and keep you current in the ever-changing health care industry. We offer webinars, assessments and events, plus data analytics and action plans—all designed to help you minimize your risks and improve patient safety practices, using data-informed, customized action plans.
