What are the responsibilities and job description for the Associate Actuary I position at American National?
We are seeking an experienced (5 years) annuity actuary around the Associate II level to join our team, at our League City, TX location. In this position, you will support our model development team on the annuity side. If you are an ASA actively pursuing an FSA, you would be eligible for our robust and supportive Actuarial Student Program.
The responsibilities of this position primarily involve performing and communicating complex actuarial analyses such as modeling, data analysis, 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.
The responsibilities of this position primarily involve performing and communicating complex actuarial analyses such as modeling, data analysis, and other tasks as assigned.
What You'll Do
- Support implementation of the latest modeling standards in Moody’s AXIS, such as VM-22, for annuity products (FDA, FIA, SPIA, PRT, VA)
- Communicate and document model design choices
- Adhere to the company’s model design standards and change management processes
- Work closely with valuation, quality assurance, and assumption setting teams to ensure all stakeholder’s needs are met
- A bachelor’s degree in mathematics, statistics, economics, or a related field with a strong mathematical background is required.
- Associate of the Society of Actuaries (ASA) designation obtained with Fellow of the Society of Actuaries (FSA) expected within a couple years, or currently holds the FSA designation
- At least five years of actuarial experience at a performance level of Meets Expectations, or better, with at least three years of actuarial model development of annuity lines of business is required
- Strong communication and technical writing skills
- 1 years of experience working on VM-21 reporting
- 1 years of experience of programming with R, Python, VBA, SQL or related programs
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.
