What are the responsibilities and job description for the Actuarial Associate position at Resolution Life?
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Profile Summary:
Works independently on recurring analyses and assignments for more senior team members. Oversight required for complex responsibilities. Enhances efficiency of existing work processes.
Profile Description:
- Perform financial projections and actuarial analysis
- Calculate premiums or reserves for new or existing products and may perform research, experience studies or other statistical analysis
- Gather and ensure quality data. Apply actuarial techniques to analyze, interpret and classify risks and communicates results to more senior actuaries
- Prepare filing documentation for compliance with state insurance regulations, approval for new products, etc.
- Project future and ultimate values, test adequacy via cashflow testing and scenario analysis to comply with applicable regulations, laws, and standards
- Perform financial projects and actuarial analysis for business unit(s)
- Participate in the Actuarial Student Rotation Program
Knowledge & Experience:
- Bachelors’ degree in Mathematics, Actuarial Science, Finance or related business discipline
- Completion of 2-4 actuarial exams/modules or near ASA designation
- 1 – 3 years finance, insurance industry, or actuarial experience
- Base understanding of insurance products and operations
- Strong oral and written communication skills, detail oriented with strong analytical problem-solving skills
- Strong technical skills in 1 or more of the following: Excel spreadsheets, databases, actuarial projection/valuation software
- Ability to manage competing priorities and deadlines
- Ability to effectively communicate with manager and other team members
Location: West Chester, PA open to remote in EST or CST for the right candidate.
For roles being performed in New York City, Resolution Life is required to include a reasonable estimate of the base salary for the role. This base salary range takes into account the wide range of factors that are considered in making base salary decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Resolution Life, it is not typical for an individual to be hired at or near the top of the range for their role, allowing for future salary growth, and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $85,200 - $127,900
Critical Skills
At Resolution Life, we have identified the following critical skills which are key to success in our culture:
At Resolution Life, we have identified the following critical skills which are key to success in our culture:
- Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
- Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
- Team Mentality: Partnering effectively to drive our culture and execute on our common goals.
- Business Acumen: Appreciation and understanding of the financial services industry in order to make sound business decisions.
- Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.
Salary : $85,200 - $127,900
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