Actuarial Jobs, Actuarial Positions, and Actuarial Employment
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Job ID: 40821
Job Openings by Title Actuarial Associate
Location Illinois, United States
Description:
 
Position: Actuarial Associate
Job ID:		40822


Responsibilities:

· Prepare and monitor monthly reserve trends across GAAP, statutory, and tax accounting bases.
· Develop management reports for current business.
· Assist in preparing Statutory Annual and Quarterly Statements.
· Update Valuation models and present results to management.
· Aid in gathering information and analysis for external auditor inspections.
· Assist in developing and analyzing annual Illustration Actuary testing models.
· Help with special policy illustration requests and product-related projects.
· Create and review model inputs for financial projection capability.
· Execute and monitor model projections, troubleshooting calculations as needed.
· Analyze model output to ensure alignment with intended purpose.
· Assess reserve reasonableness for new business blocks.
· Evaluate product features and devise management strategies for new business blocks.
· Develop programming solutions to enhance efficiency in data manipulation.
· Contribute to Own Risk and Solvency Assessment development.
· Evaluate impacts of alternative investment strategies.
· Act as Subject Matter Expert for actuarial data warehouse development and related functions.
· Assist in optimizing macros to enhance hedging and ALM efficiency.

Qualifications:
· 1-3 years of full-time insurance actuarial experience (including prior internships
· Understanding of Actuarial software

-->SALARY: 70-90k
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