Role Description
The Actuarial Associate creates, develops, and manages risk assessment tools supporting customer accounts. In addition, this role helps manage a data warehouse for quality assurance such as maintaining records of all the business transactions, client records, and other documents to assist the actuary during meetings and presentations in the organization.
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Assist in managing the quality of the actuarial data warehouse
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Prepare and analyze statistical models
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Prepare statistics to consider the various aspects before the Actuary suggests an insurance plan to the client
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Support actuarial audits as well as external auditors during the audits and provide the necessary records and documents to the auditing staff
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May train new actuarial staff
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Provide the details of financial transactions to the finance department and/or clientโs finance teams for preparation of balance sheet for the financial year
Qualifications
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Prepare database and statistical models, presentations, and other records and reports as required
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Strong organizational, analytical and interpersonal skills
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Strong verbal and written communication skills
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Ability to maintain confidentiality
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Ability to thrive in a fast-paced environment
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Self-motivated to learn new concepts and participate in new projects
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Attention to detail and accuracy
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Ability to work independently and prioritize work
Requirements
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Bachelorโs degree in Actuarial Science, Statistics, Finance or other related course of study
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Passed at least three actuarial exams
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Advanced to expert level of proficiency with Microsoft Excel and SQL
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Intermediate level of proficiency with PowerBI
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Novice+ level of proficiency with Python and R
Benefits
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Base pay range of $75,000 to $85,000 per year
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Variable compensation, commission, and/or annual bonus based on individual and/or company performance
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Health, wellbeing, retirement, and other financial benefits
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Paid time off
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Overtime pay for non-exempt employees
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Robust learning and development programs
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Reimbursement of job-related expenses per company policy
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Employee perks and discounts