What are the responsibilities and job description for the Senior Analyst - Actuarial position at Nassau?
Job Summary
Join a team that is creative, efficient, thorough, and fun. Nassau Actuarial offers an enthusiastic environment where individuals take ownership and pride in their work. We focus on core actuarial expertise to empower dynamic and creative solutions. Candidates will participate in a personalized 12 to 24-month rotation program and gain exposure to life, annuity and accident and health products in a variety of roles including: product development, actuarial management, modeling, corporate actuarial, risk management, and others. Receiving valuable technical training and develop leadership skills through various corporate programs and one-on-one mentoring.
Principal Duties and Responsibilities
- Create and maintain actuarial models that appropriately inform decision makers.
- Make accurate and insightful recommendations to management across various teams within the actuarial department.
- Develop efficient and transparent analyses to inform and influence business objectives with minimal assistance and oversight.
- Proactively ensure consistency of all work. Perform reasonability checks dependent on actuarial knowledge and experience.
- Understand goals and objectives of the role, the team, and all the larger organization. Demonstrate extreme ownership in proposing changes to projects, systems, processes, or decisions.
- Utilize effective time management capabilities to ensure success across multiple projects with an emphasis on quality, time, scope, and objective of work.
- Carry out recurring projects with minimal assistance and oversight. Identify and escalate issues appropriately.
- Interact with the organization in a manner that fosters cooperation and teamwork while conveying engagement and expertise.
- Effectively explain technical work to both technical and non-technical audiences.
- Provide expertise by staying current with new reserve methods, regulations, industry studies, accounting policies, and actuarial guidelines
- Perform other duties as assigned
Knowledge, Skills and Abilities
- Bachelor's degree in Actuarial Science, Mathematics or related field;
- Ideal candidate will have passed at least 4 Society of Actuaries examinations and be committed to achievement of FSA
- Strong analytical, qualitative, financial and problem-solving skills
- Ability to work in an innovative and dynamic environment
- Outstanding communication and collaborative skills
- Strong modeling skills and work effectively using Microsoft Excel, VBA and Access, MG-Triton, MG-ALFA, PolySystems, Python, R, FactSet, or similar software
Compensation
Nassau maintains a holistic compensation philosophy focused on competitive base salaries, performance driven incentives, and unique professional development opportunities. The combination of compensation, benefits, and an entrepreneurial culture along with related experiences is key to recruiting and retaining talent. Our compensation system is designed to reward performance, support development and job growth, and compensate individuals relative to their contribution to our organization. The base salary for this position falls within Nassau’s salary band D: $70,000-$105,000 depending upon experience.
Visit our Careers page and apply online at http://www.nfg.com/
Based in Hartford, Connecticut, Nassau Financial Group is a growth focused and digitally enabled financial services company with a fully integrated platform across insurance and asset management. Nassau was founded in 2015 and has grown to $1.6 billion in total adjusted capital, $24.8 billion in assets under management, and 370,000 policies and contracts as of September 30, 2024.
As part of a young and growing financial services enterprise, our employees are tapping into a new entrepreneurial spirit while they build on a long track record of putting customers first, understanding the evolving income and protection needs, and developing quality products to meet those needs.
Nassau provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.
This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
Salary : $70,000 - $105,000