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Actuarial Analyst III

2 months ago


Kansas City, United States Americo Financial Life and Annuity Full time
Actuarial Analyst III

Americo: We are in this for Life

The roots of the Americo family of companies date back more than 100 years. Americo is a Life Insurance, and Annuity company providing innovative products to our customers. At Americo, it's the people who make things work, so we hope you join us

What you'll love about working at Americo:

Compensation: You'll feel valued with our competitive pay and robust bonus program that's offered to all associates.

Learning and development: We prepare you with a comprehensive, paid training program that will get you ready for success. Additionally, our Talent Development team creates a variety of development opportunities for associates at every stage of their careers.

Work-life balance: We place true value on work-life balance with our generous paid time off; you begin accruing hours right off the bat every month and it increases with tenure. All new hires earn over 4 weeks of paid time off annually, plus 11 paid company holidays We also support new mothers with a generous new child leave program, along with paid STD and LTD.

Health and well-being: We commit to your health and well-being and are proud to offer comprehensive health and life insurance options including FSA or HSA accounts and subsidies to support your health and fitness goals through vendor partnerships at The Y, Orange Theory, WW, and more.

Future planning: Americo offers a 401(k) with a company match, and we provide child care and education tax credits or savings options.

Giving back: We support several local organizations like Ronald McDonald House, Hope Lodge, the American Red Cross, Harvesters, and many more. Our associates volunteer their time and donate money alongside the company to make a difference in our community.

The fun stuff: Americo participates in Kansas City Corporate Challenge, and it's a great way to connect with coworkers. Additionally, we host events like a Royals Party at the K, a legendary Holiday Party, and in-office events with local vendors as a way for associates to step away from work and enjoy each other's company.

Bustling environment: Our newly renovated offices are conveniently located in downtown Kansas City, within walking distance to your favorite restaurants and attractions. Plus, you'll receive complimentary paid parking near our Americo offices - downtown parking is a premium, but we've got you covered.

JOB SUMMARY:

Americo is currently hiring for an Actuarial Analyst III. This position is tasked with providing actuarial support, having a working knowledge of actuarial and administrative systems, staying up to date and applying ASOPs and regulations, and developing technical skills.

KEY RESPONSIBILITIES:
  • Stay up to date and apply ASOPs and regulations, develop technical skills
  • Complete understanding of Actuarial assumptions being used and correct usage thereof. Responsible for derivation with manager support.
  • Obtain and review required data in support of work. Validate integrity of data, understand limitations, and perform needed analysis. Effectively present results for peer review and presentation.
  • Near complete understanding of actuarial model including inputs and calculations therein. Effective utilization of model and ability to make changes with minimal support. Validation of model output and assessment of appropriateness.
  • Provide support as requested for both the Actuarial department and other functional areas with focus on accuracy and efficiency. Ensure a general understanding of why the support is needed and what the end goal is.


KNOWLEDGE, SKILLS and ABILITIES:
  • General knowledge of life insurance industry and practices, actuarial guidelines, Code of Professional Conduct, and applicable laws and regulations.
  • Knowledge of insurance products, actuarial software, and administrative systems
  • Ability to solve problems, analyze data, and reconcile results
  • Communication, people, and project management skills

EDUCATION:
  • 4 year college degree