Student Actuary - 0864

Security Mutual Life Insurance Binghamton , NY 13901

Posted 2 weeks ago

This position is expected to start in the beginning of June 2020.

As a Student Actuary, you will develop modeling techniques to support the pricing and product development projects using MG-ALFA, Excel and other database software. You will also perform product design, compliance related work and support special projects.

Description of Duties & Responsibilities:

  • Create, setup and verify actuarial models in Excel, database software and MG-ALFA actuarial software. Support Illustration Actuary testing, pricing, profit analysis, and nonforfeiture testing.

  • Support the creation of actuarial memorandums for state filing and actuarial reports for management.

  • Support the implementation and testing of new products off our administrative and product development models.

  • Research and analyze competitive information relating to products, pricing, financial information and experience assumptions.

  • Provide additional support as needed to the department.

  • Continue to pass actuarial exams with the goal of becoming a Fellow of the Society of Actuaries. Comply with program rules.

Required skills & experience:

  • 1 year of related experience required.

  • Minimum of 1 exam in progression towards the FSA designation required. Completion of 2 exams preferred.

  • Intermediate proficiency in Microsoft Excel required.

  • Basic proficiency in Microsoft Word required.

  • Proficiency with MG-ALFA and actuarial database software preferred.

  • Experience with databases and the ability to program and write queries preferred.

  • Strong problem solving abilities.

  • Ability to work independently with minimal supervision.

  • Excellent written and verbal communication skills.

  • Ability to perform work accurately and thoroughly.

  • Excellent attention to detail.

  • Ability to prioritize and organize a heavy workload.

Education Required: Bachelor's degree in actuarial science or mathematics required. Degree in closely related field of study acceptable.

The level for this position will be determined based on factors including relevant skills, experience and other qualifications.

Visa sponsorship is not available for this position

Relocation assistance is not available for this position

Security Mutual is an Equal Opportunity Employer

About SML:

Security Mutual Life is a leading provider of life insurance, accumulation products and retirement-, business- and estate-planning services for individuals, families and businesses. Our innovative products help our clients meet their financial protection needs. Headquartered in Binghamton, New York, the Company was founded in 1886 and is recognized for its longstanding history of financial strength and stability.

We continually invest in technology. Our agents and employees are equipped with the latest tools and deliver outstanding service to our hundreds of thousands of policyholders throughout the United States.

We are committed to our neighbors and communities. Security Mutual and its employees help support a wide variety of community and charitable initiatives and organizations through our donations and service.

At Security Mutual our employees are among the Company's most valued assets. We offer competitive salary and benefits and our work environment reflects the Company's core values of trust, respect and integrity.
1st Shift, Monday - Friday
40+ hours/week


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Student Actuary - 0864

Security Mutual Life Insurance