What's the role about?
The Actuarial Analyst supports various actuarial functions that include pricing, reserving, financial reporting, capital management & forecasting. They provide advanced analysis to moderately complex, defined tasks & projects. This role recommends and implements techniques which support Assurant operations in achieving its goals related to revenue and profitability targets. The Actuarial Analyst demonstrates the ability to understand direction provided in project deliverables, time management, and development. This role is expected to also participate in the department's exam and rotational programs, which provides the opportunity to gain experience in numerous areas of the Actuarial organization while also understanding all products included in Assurant's product suite.
Your Day-to-day Will Include
* Owns the process of responding to all internal, external or ad hoc requests for business unit/product line supported with direct guidance from manager.
* Appropriately analyzes, adds updates, and summarizes existing memorandum templates.
* Locates and reconciles data from various source systems; ensures accuracy and recognizes adjustments needed for possible data anomalies.
* Gathers information from different internal departments and completes reports and analysis as directed; understands and develops process flows; incorporates feedback provided for reporting and communications.
* Assists with collecting data and responding to inquiries from state insurance departments, auditors, and internal areas regarding business processes, gaps, strategy & improvements.
* Identifies system and data inefficiencies; provides recommendations to resolve.
* Implements solutions to translate financial projections into business metrics; aware of area productivity, processes, & business profitability.
Benefits
* International and Local mentoring programs
* Hybrid work environment
* Two recharge days, and a cultural day annually to support work/life balance and celebrating what's important to you
* Discounted Employee Share Purchase Program
* Diversity panels and employee resource groups
* 10 weeks company paid parental leave
* Development programs and support for higher education
* Novated vehicle leasing
* Volunteering leave to give back to the communities we serve
About You
* Bachelor's degree in Mathematics, Actuarial Science, or related field and in the process of pursuing actuarial designation.
* Minimum of 2-3 years overall experience in an actuarial role.
* Previous experience in the automotive insurance industry required.
* Previous experience in underwriting is advantageous.
* Has advanced level of understanding actuarial concepts, insurance products and industry knowledge.
* Advanced proficiency in MS Office Applications including Excel, PowerPoint, Word, Outlook, SharePoint.
* Advanced to Expert proficiency to various data repository platforms (SAS/SQL/etc.).
Equal Opportunity Statement
Assurant is an Equal Employment Opportunity employer and does not use or consider race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other characteristic protected by federal, state, or local law in employment decisions.
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