Actuarial Associate

Overview of Position

The Actuarial Associate supports various actuarial functions that include pricing, reserving, financial reporting, capital management & forecasting. They provide detailed analysis to standard, defined tasks. This role implements techniques which support Assurant operations in achieving its goals related to revenue and profitability targets. The Actuarial Associate demonstrates the ability to understand direction provided in project deliverables, time management, and development. This role is expected to also participate in the department’s exam and rotational programs, which provides the opportunity to gain experience in numerous areas of the Actuarial organization while also understanding all products included in Assurant’s product suite. The Actuarial Associate generally reports to the Supervisor or Manager of Actuarial.

What will be my duties and responsibilities in this job?

• Ability to review requirements and provide essential details for internal and external inquires and ad hoc requests as directed by manager.

• Demonstrates thorough understanding of data and systems, including inefficiencies, through analysis of trends. Reconciles data to source systems, including adjustments for manual processes.

• Gathers information from internal departments and complete reports and analysis as directed; solicits feedback on improvements to reporting and communications.

• Assists with collecting data and responding to inquiries from state insurance departments, auditors, and internal (finance, accounting, regulatory, IT, etc.) areas regarding business processes and gaps.

• Identifies system and data inefficiencies; implement resolutions as directed.

• Effectively support requests timely, ensuring with manager that requests are aligned with responsibilities.

• Implements solutions to translate financial projections into business metrics.

• Actively manages self-development. Participates in cross-training and knowledge. information sharing within team to accomplish goals.

• Takes actuarial exams in pursuit of professional designation

What are the requirements needed for this position?

• Bachelor’s degree in Mathematics, Actuarial Science, or related field and a minimum of 3 exams completed.

• Minimum of 2 years of overall experience.

• Must be pursuing actuarial designation.

• Minimum of 2 years of progressive responsibilities and related experience in an actuarial role.

• Has intermediate level of understanding actuarial concepts, insurance product and industry knowledge.

• Intermediate proficiency in MS Office Applications including Excel, PowerPoint, Word, Outlook, SharePoint. Advanced to Expert proficiency to various data repository platforms (SAS/SQL/etc.).

What other skills/experience would be helpful to have?

• Exhibits advanced skills in completing standard to moderate, defined tasks & projects, as well as high levels of attention to detail and problem-solving acumen

• Addresses conflict on a timely basis, avoiding issues to prolong and affect working relationships or goals. Discusses resolution alternatives with manager prior to engagement.

• Can actively listen and effectively explain specific variances to a technical and non-technical audience.

Pay Range:

$62,000.00 - $103,400.00

Any posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position.

Expected application deadline is

10/07/2024

If date is blank then this is a pipeline requisition, and we will continue to collect applications on an ongoing basis.

Helping People Thrive in a Connected World
Connect with us. Bring us your best work and your brightest ideas. And we’ll bring you a place where you can thrive. Learn more at jobs.assurant.com.

For U.S. benefit information, visit myassurantbenefits.com. For benefit information outside the U.S., please speak with your recruiter.

What’s the culture like at Assurant?
Our unique culture is a big reason why talented people choose Assurant. Named a Best/Great Place to Work in 13 countries and awarded the Fortune America’s Most Innovative Companies recognition in 2023, we bring together top talent around the world. Although we have a wide variety of skills and experiences, we share common characteristics that are uniquely Assurant. A passion for service. An ability to innovate in practical ways. And a willingness to take chances. We call our culture The Assurant Way.

Company Overview
Assurant is a leading global business services company that supports, protects, and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world’s leading brands to develop innovative solutions and deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products, and other specialty products.

Equal Opportunity Statement
Assurant is an Equal Employment Opportunity employer and does not use or consider race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other characteristic protected by federal, state, or local law in employment decisions.