Actuarial and Investments Intern supporting actuarial and investment functions in product pricing and financial reporting. Assists with data analysis, automation, and cash flow analysis for commercial loans.
About the role
- Actuarial Analyst supporting pricing, reserving, and financial reporting functions at Assurant. Engaging in advanced analysis and participating in exam and rotational programs in the Actuarial organization.
Responsibilities
- 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 complete reports and analysis as directed; understands and develops process flows; incorporate feedback provided for reporting and communications.
- Assists with collecting data and responding to inquiries from state insurance departments, auditors, and internal (finance, accounting, regulatory, IT, etc.) areas regarding business processes, gaps, strategy & improvements.
- Identifies system and data inefficiencies; provide recommendations to resolve.
- Implements solutions to translate financial projections into business metrics; aware of area productivity, processes, & business profitability.
Requirements
- Bachelor’s degree in Mathematics, Actuarial Science, or related field and in the process of pursing 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.).
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
Job title
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Experience level
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Not specified
Degree requirement
Tech skills
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