Actuarial Student

Remote
ExecutivePlacements.com Des Plaines, IL $79,730 - $103,180
Part Time Intern Level

Posted 4 weeks ago

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About This Role

This role involves assisting in the computation and reporting of policy reserves, maintaining financial models, and validating data for a leading provider of financial security in the middle market consumer segment.

Responsibilities

  • Assist in computing and reporting FLA policy reserves (stat, tax & other) and supporting information, assuring accuracy of records and controls
  • Help to maintain all company financial models including cash flow models and projection models used to support US Statutory and Canadian regulatory standards
  • Validate the source data used as input into various calculations
  • Assist in the preparation of various reports as required to interpret financial results
  • Perform financial analysis and provide actuarial modeling support on other projects such as annual state filings, new product implementation and pricing

Requirements

  • Understanding of developing and maintaining life insurance reserves and related financial accounts
  • Proven ability to meet deadlines and perform multiple functions
  • Ability to effectively work with external parties
  • Knowledge of Life Insurance products, operations and systems
  • Ability to work with financial and actuarial information with high integrity of results
  • Undergraduate degree in Business, Finance or Statistics and Actuarial Science
  • Working towards the Associateship of the Society of Actuaries designation
  • Strategic thinking ability combined with an ability to work at a detailed level
  • Proficient in Microsoft Windows and Office products, particularly Excel and MS Access

Qualifications

  • Undergraduate degree in Business, Finance or Statistics and Actuarial Science

Skills

Microsoft Excel * Communication * Microsoft Windows * Microsoft Access *

* Required skills

Benefits

Dental Insurance
401(k) plan with company match
Employer paid vision
Flexible Spending Accounts (Health)
Flexible Spending Accounts (Transit)
PTO
Sick time
Health Savings Accounts
Employer paid long-term disability insurance
Employer-Paid Basic Life and AD&D Insurance
Medical Insurance
Employer paid short-term disability insurance
Flexible Spending Accounts (Dependent Care)

Certifications

Progress towards Actuarial Exams (Required) Associateship of the Society of Actuaries designation (Required)

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