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Actuarial Analyst 1

2 months ago

Fargo, United States Sammons Financial Group Full time
What You Can Expect In This Role

Position must be filled in Fargo, ND.

Provide technical and analytical support for internal and external customers. Assist with creating, maintaining, and using spreadsheets and/or database tools to effectively calculate, analyze and report results for a variety of actuarial-related processes. Assist with research and analysis of information in order to address calculation issues as needed. Support other special projects as assigned.

What You'll Do In This Role
• Develop basic understanding of the actuarial related concepts and requirements and relevant business processes needed. Ensure product features, reporting requirements, calculations and controls are properly incorporated into the tools that are built to support analytical and reporting processes as assigned.
• Maintain or assist in development of spreadsheet and/or database tools used to manage, analyze and report data. Ensure work is accurate and efficient using existing procedures. Document tools and processes.
• Gather and prepare data and review for reasonableness. Generate reports, conduct reasonableness checks, and provide summary output/reports to manager for review. Research issues with direction.
• With oversight, create, maintain, and enhance calculation spreadsheets used to validate or supplement actuarial-related or system-generated values. Utilizing spreadsheets, accountable for detailed and complex manual calculations to provide actuarial, product and/or policy support to other departments.
• Participate as a representative of the Department in relevant meetings.
• With oversight, automate departmental processes to improve efficiency and accuracy as assigned.
• Assist with special projects and/or initiatives as required.
• Work with the manager to effectively plan and prioritize your own work in accordance with broader team or department objectives and priorities. Complete projects on time and with high standards and accuracy.
• Develop and maintain effective business relationships with both internal and external stakeholders.
• Commitment to embrace Sammons Financial Group Companies shared values (Accountability, Connection, Openness, Respect and Integrity).
• As stated within the Company Attendance and Punctuality policy, regular attendance is required and expected in order to meet the business service levels and workflow demands.
• Other duties as assigned.
What We're Looking For

  • Bachelor's Degree in Mathematics, Computer Science, Business or equivalent Preferred
  • Practical work experience in data analytics; background in life insurance or annuities Preferred
  • Possess mathematical ability, strong analytical skills and attention to detail
  • Familiarity in Visual Basic and macros, Excel, Access, and Word desirable
  • Demonstrate strong verbal and written communication skills
  • Motivation to learn Sammons Financial Group Companies products and Actuarial related concepts
  • Ability to research and respond to requests for information
  • Ability to work both individually and as part of a team.
  • Demonstrate natural sense of curiosity, strong problem solving skills and ability to multi-task
  • Demonstrate flexibility and adaptability to changing priorities
  • Self-motivated, and ability to work independently and effectively under deadline pressures

Other Requirements
• Criminal background check required.

What you can expect when you join Sammons Financial Group
• Sammons Financial Group offers a competitive benefit package that includes: Health, Dental, Vision, Company Paid Retirement, PTO and Holiday Pay.
• Our Employee Stock Ownership Plan (ESOP) is a 100% company-funded retirement plan, so you can save for retirement without contributing a penny of your own paycheck.
• Healthy balance between work and personal lives. Friday afternoons off all year long, competitive PTO, and generous number of paid holidays.
• Our incentive program for defined goals subject to eligibility and performance. Monetary rewards are based on individual and/or overall company performance.
• Colleagues who support one another, model our core values, and drive our healthy, high-performing culture.
Work Authorization/Sponsorship

At this time, we're not considering candidates that need any type of immigration sponsorship now or in the future or those needing work authorization for this role (This includes, but is not limited to students on F1-OPT, F1-CPT, J-1, etc.)