JOB SUMMARY

The Actuary Analyst will support modeling development related to solutions for planning and Asset Management Liability (ALM) of the large suite of Life and Health insurance products. This role will also summarize statistical data by applying mathematical knowledge to policy active life reserves, unpaid claim liability, trend analysis, rate formula, forecasting, and premium analysis.

ESSENTIAL FUNCTIONS
Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

• Assist with various model development requests through data gathering and analysis of output for reasonableness and accuracy.
• Support the production of cash flow testing (CFT) and other projection related tasks, including sensitivity tests and risk-based capital(RBC) projections.
• Implement model changes to support projection efforts for Statutory and Tax reporting.
• Reconcile in force models to recent experience.
• Participate in experience studies, analytical efforts and preparation of summary reports to present to higher management.
• Prepare schedules of statistical metrics, financial statements, premiums, reserves and benefits.
• Document applied methodologies, underlying assumptions and source of data.
• Performs other related duties as necessary or assigned.

SUCCESS PROFILE
Knowledge, Skills, and Abilities

• Excellent interpersonal skills. Ability to communicate technical and complex topics. Effective written and verbal communicate skills.
• Strong analytical and critical thinking skills.
• Knowledge of MS Office Suite (Excel, Word and PowerPoint) – SQL, VBA, other software programing is an advantage.
• Actuarial software experience with MG-ALFA is strongly preferred.
• Demonstrate the American Enterprise core competencies of change, communication, customer focus, financial acumen, innovation, teamwork, critical thinking, and decision making. For a full description of each competency, please visit americanenterprise.com/core-competencies.
• Embrace and foster a diverse and inclusive culture that aligns with our commitment to THRIVE Toolkit: We are building resources for employee reference, including a diversity driven book club, leadership training, and a culture of betterment philosophy. Hear: Every employee has a voice. We listen with attention to gain knowledge and to understand. Respect: We empower people by respecting and appreciating their differences. Inclusion: We support a collaborative workforce that promotes belonging and respect that increases participation and contribution from all employees. Value: All employees are appreciated for their uniqueness. Equity: For all.
• Demonstrate an Agile mindset* of trust, teamwork, and transparency and capability to implement agile tools into daily work, allowing for quick adaption to change. (*An agile mindset is the set of attitudes supporting an agile working environment including trust, teamwork, transparency, respect, improvement, ongoing learning, pride in ownership, focus on delivering value, and the ability to adapt to change.)
• Embrace our culture of betterment, which surrounds the question: Does this decision fit with our mission and core values while enhancing the outcome for our customers, our business, and our associates?

EDUCATION AND EXPERIENCE

Education

• Bachelor’s degree in actuarial science, mathematics, statistics or related field. Combination of education and/or relevant work experience may be accepted in lieu of degree.

Experience

• One year of business-related experience or relevant internship experience.
• Completion of actuarial exams required.

TRAVEL REQUIREMENTS

Type: Trainings/Seminars/Conferences

Percentage: Minimal

PHYSICAL REQUIREMENTS

• Primarily works in an office environment (or in-home office) performing work that is sedentary which involves remaining stationary and working on a computer for long periods of time
• Must be able to review, assess, and/or analyze data and figures by viewing a computer screen, including extensive reading.
• Regularly communicates with others in-person, via video conferencing, electronically (including email), or by phone to exchange accurate information.

This job description does not list all activities, duties, or responsibilities that may be required. The employee in this position may be assigned other duties at any time with or without notice.

This job description does not constitute a contract of employment and the company may exercise its employment-at-will rights at any time.