Associate Actuary- Retirement Plans

Ameritas • Lincoln, NE

22h • Hybrid

About The Position

The Associate Actuary- Retirement Plans provides actuarial services including
supporting, maintaining, and measuring insurance products for our Retirement
Plan Division. The role will touch many aspects of the financial business of
Retirement Plans, including new case underwriting, in-force management,
financial forecast and analysis key performance indicators in actual result
reporting. The incumbent is responsible for providing actionable information
that enables good business decisions along with designing and managing project
initiatives and business processes within the job area.

Requirements

• 4-7 years of related experience required; preferred experience working with retirement plan products
• Excel experience required
• Bachelor's degree in actuarial science, mathematics, or statistics required.
• ASA (Associate, Society of Actuaries) required. FSA (Fellow, Society of Actuaries) desired and highly preferred.

Nice To Haves

• Prophet experience preferred
• FSA (Fellow, Society of Actuaries) desired and highly preferred.

Responsibilities

• Manage risk and ensure the appropriate level of profitability for retirement plan products.
• Run repricing reports on existing business and new phase quotes
• KPI reporting and financial forecasting
• Identify and resolve problems for internal teams including corporate actuarial, Financial Planning and Analysis teams
• Support the management of Ameritas’ in-force RP products evaluating profitability and development of key product assumptions through experience studies.
• Monitor and evaluate adherence to regulations, policies, and procedures.
• Develop partnerships within the organization to engage in cross-functional business initiatives.
• Design, test, and maintain actuarial models for the specified actuarial purpose.
• Compile and analyze data; using statistical formulas and other actuarial methods.
• Respond to requests for information from actuaries, accountants, auditors, management, and other associates including external stakeholders. Provide actuarial analysis where appropriate.

Benefits

• 401(k) Retirement Plan with company match and quarterly contribution.
• Tuition Reimbursement and Assistance.
• Incentive Program Bonuses.
• Competitive Pay.
• Flexible Hybrid work.
• Thrive Days - Personal time off.
• Paid time off (PTO).
• Health Benefits: Medical, Dental, Vision.
• Health Savings Account (HSA) with employer contribution.
• Well-being programs with financial rewards.
• Employee assistance program (EAP).
• Professional development programs.
• Leadership development programs.
• Employee resource groups.
• StrengthsFinder Program.
• Matching donations program.
• Paid volunteer time– 8 hours per month.
• Generous paid maternity leave and paternity leave.
• Fertility, surrogacy, and adoption assistance.
• Backup child, elder and pet care support.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level