Life Actuarial Assistant

3 months ago

Montgomery, United States Alfa Insurance Corporate Careers Full time
Job DescriptionJob DescriptionBenefits:
  • Dental insurance
  • Employee discounts
  • Health insurance
  • Paid time off

Company Overview

Alfa Insurance is an A-rated insurance carrier that offers an excellent array of automobile, home, life, farm and business insurance products. Alfa is known for its superior customer service and boasts 94% claims satisfaction. Since its humble beginnings in 1946, Alfa and its affiliates now serve more than 1 million customers across 14 states.

Working as an Actuarial Assistant for Alfa Insurance offers a remarkable opportunity that extends beyond the mere task of maintaining a profitable and competitive rate structure. It entails joining a revered company built on principles of faith, family, community, and unwavering integrity. By becoming a member of the Alfa family, you can uncover your true purpose and actively contribute to enhancing the lives of our valued policyholders and making a positive impact in your community.

Job Summary


At Alfa Insurance, our esteemed Actuarial Assistants are entrusted with a range of crucial responsibilities that make substantial contributions to all actuarial functions. They work collaboratively with other members of the Life Operations team and partner with other departments to ensure saucerful analysis and design of Alfa Life products. Our dedicated team of Actuarial Assistants is unwavering in their commitment and contribution to the success and profitability of our organization.

Responsibilities
  • This position assumes responsibility for various aspects of actuarial work or may be the primary resource in a major area such as product development or financial reporting.
  • Performs ad hoc projects as an independent contributor to the health of Alfa Life.
  • Develop Axis software and Excel spreadsheets to provide support for product development, illustration actuary certifications, product management, and illustrations checking.
  • Perform & review analyst work for mortality, investments, lapse, expense, and other experience analysis.
  • Performs most new tasks with little guidance.
  • Identifies and implements improvements.
  • Respected for knowledge about actuarial science, the company, and the industry.
  • Progresses with the actuarial exams.
Qualifications
  • Bachelors degree required, with a major in math, statistics, or actuarial science preferred.
  • Masters degree in math, statistics, or actuarial science is desirable.
  • ASA Designation required.
  • Four years of actuarial experience preferred.
  • Must have experience with actuarial projection software, preferably GGY-Axis.
  • Must have demonstrated strong capacity to effectively work independently.
  • Communication skills, computer skills, interpersonal skills, and progress on the actuarial exams have previously been addressed.

Benefits/Perks
  • Opportunity for annual performance bonus
  • Discounts on your auto insurance (underwriting approval required)
  • Benefits include: Health, dental, supplemental cancer, vision insurance and 401(k) plan
  • Paid Time Off Bank to include 3 days PTO available after first 80 hours worked for New Hires
  • Short-term and long-term disability
  • Flexible Healthcare and Childcare spending accounts for tax savings
  • Opportunities for advancement
  • Continuous training and support throughout your career with Alfa
  • College tuition discounts at various colleges in Alabama
  • Fitness center
  • Onsite cafeteria
  • Access to onsite childcare center

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