Who Are We?
Through a combination of product innovation, exceptional investment management, and a unique distribution strategy, Security Benefit has become a leader in the U.S. retirement industry. For more than five decades, we've focused our expertise solely on this market, providing a broad suite of annuities and mutual fund programs to help customers from coast to coast align their assets with their aspirations.
What Does the Job Look Like?
The Actuarial Associateprovides actuarial analysis and technical skills in support of fulfilling the strategic objectives for the Valuation Actuarial Department within the Security Benefit Life Insurance Company. The associate contributes to the management and financial success of life and annuity products by performing Statutory modeling, attribution analysis, analyzing in-force business, and performing model testing duties. Candidates must possess strong programming, financial and analytical skills and be able to successfully work with the Model Development, Planning, Pricing, and ERM Departments in support of a variety of actuarial initiatives.
Duties and Responsibilities:
- Asset adequacy testing and analysis for life and annuity products
- Provide support for Statutory modeling initiatives
- Support preparation of actuarial memorandum, exhibits and reports
- Test model enhancements, including regression and unit testing
- Support valuation model development and testing for new launching life product
- Perform other tasks as assigned
Who Are You?
- Bachelor's degree with major or minor in Actuarial Science or Mathematics
- Associate of Society of Actuaries
- Minimum 4 years of relevant actuarial experience
- Life Statutory Modeling experience preferred
- Experience with actuarial modeling software required, using Prophet a plus
- Strong computer skills including Excel and actuarial software
- Strong programming / scripting skills including VBA, SQL, or Python preferred
- Good written and verbal communication skills
- Strong problem solving, analytical and decision-making skills
- Strong initiative and ability to work independently
What Can Security Benefit Offer You?
Security Benefit offers a competitive salary and as a full-time employee you are eligible for our robust benefits package including:
- Employees are eligible for an annual incentive bonus designed to reward for performance.
- 33 days of paid time off for PTO, paid holidays, days of Significance, and a Volunteer Day
- Paid parental leave eligible after one year of service
- Medical, Dental & Vision Insurance
- 401k with company match
- Profit Sharing & Savings Plan
- Short-term and long-term disability insurance
- Flexible spending account
- Life insurance
- Educational Assistance
- Associate Assistance Programs
- Career growth and more!
Consider joining our progressive team in our nationally recognized company. Visit the career section of our website at www.securitybenefit.com/careers to apply and submit your resume. EOE