Actuarial Assistant

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.

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.

What are the requirements needed for this position?

• Bachelor’s degree in Actuarial Science.
• Minimum of 2 years of overall experience.
• 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.
• Has advance English knowledge (writing, speaking).
• Intermediate proficiency in MS Office Applications including Excel. Advanced to Expert proficiency to various data repository platforms (SAS/SQL/etc.) and Power BI.

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.

At Assurant, we celebrate the differences that make us who we are. By assembling extraordinary teams from a variety of races, religions, sexual orientations, gender identities, ages, experiences, and abilities, we’re able to better reflect the global communities where we live and work. By working to remove barriers, we ensure equity for everyone. The pursuit of inclusion rests with each of us. Because it’s only by listening to and representing the unique voices of every individual that we can innovate for all.

For further information about Assurant, please visit our website: https://www.assurant.com/