What are the responsibilities and job description for the Assistant Actuary II, PRT Pricing position at American National?
Are you resourceful and motivated with an entrepreneurial mindset? Are you able to manage multiple tasks and thrive when dealing with ambiguity? We are looking for an Assistant Actuary II to demonstrate sufficient progress in understanding and applying basic actuarial principals, to join our Pension Risk Transfer Pricing team. This position is located at our downtown office in Houston, TX.
In this role you will help scale the company’s PRT product after a market-leading launch. You will contribute to the pricing strategy of the business to ensure continued success and achievement of sales and profitability targets.
Responsibilities include improving the processes used to perform and communicate complex actuarial analyses such as actuarial exhibits, pricing, reserving, data analyses, and other tasks as assigned.
What You'll Do
American National offers eligible employees and their families medical, dental, vision, and basic life insurance. Employees are able to enroll in our company’s 401k plan. Employees also receive annually a bank of paid time off and paid holidays. We aspire to see people for what they bring to our corporate culture by supporting an inclusive work environment, including an emphasis on a healthy work-life balance, development opportunities, and a casual dress code.
American National is an established, stable, and successful multi-line insurance corporation that has provided financial strength and a sense of security to employees, customers and business partners since 1905. With focus on our organization’s values and cultural richness: Financial Strength, Integrity, Respect, Service and Teamwork (FIRST) and Agility, Collaboration, and Engagement (ACE) we continue to pursue our vision to be a leading provider of financial products and services for current and future generations.
Hiring Practices
The preceding job posting was designed to indicate the general nature and level of work performed by employees assigned to this position. It is not intended to be interpreted as a comprehensive list of all duties, responsibilities, and qualifications. We are dedicated to building a diverse, inclusive, and authentic workplace, so if you’re excited about this role, but your past experience doesn’t align perfectly with the job qualifications, we still encourage you to apply. You may be just the right candidate for this position or other opportunities at American National.
American National’s recruitment policies help us place individuals in a timely and efficient manner. Only the most qualified candidates will be contacted by our recruiting team. Candidates may check the status of their application(s) by logging into their account. Learn more about our company, by following us on social media: LinkedIn, Facebook, Instagram
American National is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, genetic information or any other legally protected categories. American National is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities.
In this role you will help scale the company’s PRT product after a market-leading launch. You will contribute to the pricing strategy of the business to ensure continued success and achievement of sales and profitability targets.
Responsibilities include improving the processes used to perform and communicate complex actuarial analyses such as actuarial exhibits, pricing, reserving, data analyses, and other tasks as assigned.
What You'll Do
- Applies fundamental actuarial principles to effectively:
- Prepare and/or review Group Annuity Quotes with minimal guidance
- Analyze data and longevity risk for bids and related analysis to refine the company’s longevity underwriting and support valuation
- Support risk assessment with analysis of sensitivities and stress tests
- Analyze annuitant behavioral experience to support ongoing refinement of liability models
- Completes processes and improves methods for performing and documenting actuarial analyses promptly and accurately
- A bachelor’s degree in mathematics, statistics, economics, or a related field with a strong mathematical background is required
- Strong verbal and written communication skills
- Four or more SOA exams
- Three or more years of actuarial analysis
- Experience in Pension Risk Transfer or Pensions
- GGY Axis experience
- Python experience
American National offers eligible employees and their families medical, dental, vision, and basic life insurance. Employees are able to enroll in our company’s 401k plan. Employees also receive annually a bank of paid time off and paid holidays. We aspire to see people for what they bring to our corporate culture by supporting an inclusive work environment, including an emphasis on a healthy work-life balance, development opportunities, and a casual dress code.
American National is an established, stable, and successful multi-line insurance corporation that has provided financial strength and a sense of security to employees, customers and business partners since 1905. With focus on our organization’s values and cultural richness: Financial Strength, Integrity, Respect, Service and Teamwork (FIRST) and Agility, Collaboration, and Engagement (ACE) we continue to pursue our vision to be a leading provider of financial products and services for current and future generations.
Hiring Practices
The preceding job posting was designed to indicate the general nature and level of work performed by employees assigned to this position. It is not intended to be interpreted as a comprehensive list of all duties, responsibilities, and qualifications. We are dedicated to building a diverse, inclusive, and authentic workplace, so if you’re excited about this role, but your past experience doesn’t align perfectly with the job qualifications, we still encourage you to apply. You may be just the right candidate for this position or other opportunities at American National.
American National’s recruitment policies help us place individuals in a timely and efficient manner. Only the most qualified candidates will be contacted by our recruiting team. Candidates may check the status of their application(s) by logging into their account. Learn more about our company, by following us on social media: LinkedIn, Facebook, Instagram
American National is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, genetic information or any other legally protected categories. American National is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities.
