Associate Actuary - Valuation Actuarial
About The Position
The Associate Actuary provides actuarial analysis and technical skills in support of fulfilling the strategic objectives for the Valuation Actuarial Department within Security Benefit Life Insurance Company. The associate contributes to the management and financial success of life, annuity and retirement products by performing Statutory modeling, attribution analysis, analyzing in-force business, and performing model testing duties. Candidates must possess strong programming, financial and analytical skills and be able to successfully work with the Model Development, Planning, Pricing, and ERM Departments in support of a variety of actuarial initiatives. This position reports to the AVP & Actuary, and will be based out of our home office in Topeka, Kansas, or our Overland Park, Kansas office. We work a hybrid schedule, offering flexibility to work both remotely and on-site.
Requirements
- Bachelor’s degree with major or minor in Actuarial Science or Mathematics
- Associate or Fellow of Society of Actuaries credential
- Minimum five years of actuarial experience
- Strong computer skills including Excel and actuarial software
- Strong problem solving, analytical and decision-making skills
- Strong initiative and ability to work independently
Nice To Haves
- Annuity (FIA, VA, FA) Statutory Modeling experience preferred
- Experience with actuarial modeling software preferred; using Prophet a plus
- Strong programming / scripting skills including VBA, SQL, or Python preferred
- Good written and verbal communication skills
Responsibilities
- Perform mathematical and financial calculations
- Asset Adequacy Testing and VM-21 modeling, and Statutory modeling
- Support preparation of actuarial memorandum, exhibits and reports
- Interpret and analyze model results from actuarial software systems
- Test model enhancements, including regression and unit testing
- Perform other tasks as assigned
Benefits
- Competitive salary and annual incentive bonuses to reward your contributions.
- 33 days of paid time off (including PTO, holidays, Volunteer Day, and days of significance).
- Paid parental leave after 90 days of service.
- Comprehensive medical, dental & vision insurance.
- 401(k) with company match, plus Profit Sharing & Savings Plan.
- Short- and Long-Term Disability Insurance to give you peace of mind.
- Flexible Spending Accounts for medical and dependent care.
- Life Insurance to protect your loved ones.
- Educational assistance to support your career development.
- Associate assistance programs for your personal and professional well-being.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
