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
- Student Actuary responsible for pricing and product development using actuarial software. Engaging in core actuarial functions and compliance work.
Responsibilities
- Create, setup and verify actuarial models in Excel, database software and MG-ALFA and Axis 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.
Requirements
- 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 or Axis or other actuarial 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.
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