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Assistant Actuary

Modern Woodmen of AmericaRock Island, Illinois, United States1w ago
HybridIndividual Life ProtectionIndividual AnnuitiesProduct Development & Plan DesignPricing & RatingRegulatory Reporting

Role Summary

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HIGHLIGHTS

Associate-level life actuarial role focused on product development and pricing for life and annuity products in Rock Island, IL. You will build and validate actuarial models (Excel and Integrate/MG-ALFA), support illustration certifications, and maintain crediting rate and dividend processes. Hybrid role requiring substantial on-site presence.

JOB DESCRIPTION SUMMARY

  • Develop pricing and product models for life and annuity products
  • Build and test models in Excel and Integrate (MG-ALFA)
  • Validate illustration and administrative systems for accuracy
  • Support crediting rate and dividend recommendation processes
  • Hybrid role based in Rock Island, IL — at least 4 days in office weekly

DOMAIN EXPERTISE

  • Modeling with Integrate (MG-ALFA)
  • Pricing and product development for life and annuity products
  • Validation of illustration and administration systems
  • Maintaining crediting rate and dividend recommendation processes

KEY REQUIREMENTS

  • ASA designation required
  • Bachelor's degree in Actuarial Science, Mathematics, or related field
  • Minimum 3 years of relevant actuarial experience
  • Proficiency with Microsoft Excel and Integrate (MG-ALFA)
  • Experience with illustration certification and product filings

TECH STACK

  • Excel