Actuarial Analyst

4 days ago

Minneapolis, United States USI Insurance Services Full time
General Description:

The Defined Benefits Actuarial Analyst performs analysis and calculations necessary to complete client pension projects for review by senior staff. He/she is involved in numerous client projects simultaneously and must manage their contribution to project time and budget effectively to ensure a correct and complete client deliverable. The Actuarial Analyst at this level is expected to complete the assigned duties independently with limited instruction.

Responsibilities:

  • Attend scheduled training sessions over 12-18 month period to gain familiarity and competency to perform all responsibilities associated with the Actuarial Analyst role.
  • Draft the actuarial valuation and maintain plan record keeping for assigned clients and finalize after actuarial review. Maintain turnaround time to meet the client's requirements and the department's timing standards.
  • Draft the participant annual funding notice and actuarial AFTAP certification.
  • Complete IRS Form 5500, along with appropriate schedules and attachments and deliver it in an appropriate timeframe to the client.
  • Complete the Pension Benefit Guaranty Corporation (PBGC) Comprehensive Premium Form for determining premium payments to comply with PBGC regulations. This form should be completed in accordance with the Department's timing standards.
  • Draft the ASC 715 Pension Expense Calculation and Disclosure Statement. Ensure timely delivery of this statement to assigned clients.
  • Formulate and process benefit calculations and projected benefit estimates.
  • Facilitate communication between the client and the actuary for assigned clients. Draft correspondence between USICG and the client.
  • Familiarity with mortality and interest theory concepts.
  • Complete special project assignments as requested by the client or actuary.
  • Ability to work within various software applications to become efficient in completing client assignments.
  • Foster and maintain a friendly and collaborative atmosphere within the department and company.

Knowledge, Skills and Abilities:

  • Bachelor Degree in Mathematics, Actuarial Science, Computer Science or Finance.
  • 1-3 years of post-education pension actuarial experience.
  • Completion of actuarial exams is not required.
  • Functional in MS Office software (Word, Excel).
  • Strong analytical and communication skills.
  • Ability to multi-task and juggle priorities.
  • Flexibility to work overtime to meet client demands.
  • Team orientated.

USI is committed to providing a full-suite of competitive benefits for our growing population and its diverse needs. We offer a wide range of health, welfare and financial benefits including medical, wellness, dental and vision, 401(k), flexible spending and health savings accounts, short and long-term disability, life insurance and other unique employer-sponsored and voluntary programs. USI also offers a generous paid time off policy, paid family leave benefit as well as paid holiday time .


  • Actuarial Analyst

    6 days ago

    Minneapolis, United States DW Simpson Global Actuarial Recruitment Full time

    Looking to get a good start in your actuarial career? A time-tested life insurance company is looking for an entry level actuary to join their team as an Actuarial Analyst. In this role, you will be responsible for supporting the completion of projects related to product development, pricing, valuation, forecasting, and so much more. The ideal candidate will...

  • Actuarial Analyst

    2 weeks ago

    Minneapolis, United States DW Simpson Global Actuarial & Analytics Recruitment Full time

    Actuarial AnalystHybrid / MinnesotaLooking to get a good start in your actuarial career? A time-tested life insurance company is looking for an entry level actuary to join their team as an Actuarial Analyst. In this role, you will be responsible for supporting the completion of projects related to product development, pricing, valuation, forecasting, and so...

  • Actuarial Analyst

    1 week ago

    Minneapolis, United States DW Simpson Global Actuarial & Analytics Recruitment Full time

    Actuarial AnalystHybrid / MinnesotaLooking to get a good start in your actuarial career? A time-tested life insurance company is looking for an entry level actuary to join their team as an Actuarial Analyst. In this role, you will be responsible for supporting the completion of projects related to product development, pricing, valuation, forecasting, and so...

  • Senior Actuarial Analyst

    3 weeks ago

    Minneapolis, United States DW Simpson Global Actuarial & Analytics Recruitment Full time

    Senior Actuarial Analyst - LTCMinneapolis, MN / HybridIf you are seeking a highly visible role where you get to interact with senior management, then this is the job for you! A well-known life insurance company is searching for an individual to join their team as a Senior Actuarial Analyst – LTC. This position is responsible for developing actuarial...

  • Senior Actuarial Analyst

    1 month ago

    Minneapolis, United States DW Simpson Global Actuarial & Analytics Recruitment Full time

    Senior Actuarial Analyst - LTCMinneapolis, MN / HybridIf you are seeking a highly visible role where you get to interact with senior management, then this is the job for you! A well-known life insurance company is searching for an individual to join their team as a Senior Actuarial Analyst – LTC. This position is responsible for developing actuarial...

  • Senior Actuarial Analyst

    1 month ago

    Minneapolis, United States DW Simpson Global Actuarial & Analytics Recruitment Full time

    Senior Actuarial Analyst - LTCMinneapolis, MN / HybridIf you are seeking a highly visible role where you get to interact with senior management, then this is the job for you! A well-known life insurance company is searching for an individual to join their team as a Senior Actuarial Analyst – LTC. This position is responsible for developing actuarial...

  • Senior Actuarial Analyst

    3 weeks ago

    Minneapolis, United States DW Simpson Global Actuarial & Analytics Recruitment Full time

    Senior Actuarial Analyst - LTCMinneapolis, MN / HybridIf you are seeking a highly visible role where you get to interact with senior management, then this is the job for you! A well-known life insurance company is searching for an individual to join their team as a Senior Actuarial Analyst – LTC. This position is responsible for developing actuarial...

  • Reinsurance Principal Actuarial Analyst or Assistant Actuary

    2 weeks ago

    Minneapolis, United States DW Simpson Global Actuarial Recruitment Full time

    Excellent compensation and benefits package available for the right candidate. Well-rounded reinsurance actuary is needed at a well-established Life insurance company, where they will complete product development & pricing analyses, prepare financial reports, & communicate actuarial results to cross-functional areas. The ideal individual would be an ASA or...

  • Actuarial Analyst

    4 weeks ago

    Minneapolis, Minnesota, United States Ameriprise Financial Full time

    Ameriprise Financial is looking to add an Actuarial Analyst to the team The individual in this role will perform actuarial tasks with manager assistance or supervision, as well as provide technical analysis and support by modifying, maintaining, operating, and documenting various actuarial models. The individual in this role will also prepare reports, as...

  • Actuarial Analyst

    3 weeks ago

    Minneapolis, Minnesota, United States Ameriprise Financial Full time

    Ameriprise Financial is looking to add an Actuarial Analyst to the team The individual in this role will perform actuarial tasks with manager assistance or supervision, as well as provide technical analysis and support by modifying, maintaining, operating, and documenting various actuarial models. The individual in this role will also prepare reports, as...

  • Actuarial Analyst

    3 weeks ago

    Minneapolis, United States DW Simpson Full time

    Looking to get a good start in your actuarial career? A time-tested life insurance company is looking for an entry level actuary to join their team as an Actuarial Analyst. In this role, you will be responsible for supporting the completion of projects related to product development, pricing, valuation, forecasting, and so much more. The ideal candidate will...

  • Actuarial Analyst

    1 week ago

    Minneapolis, United States TEEMA Full time

    Our client near the West End is seeking an Entry-level Actuarial Analyst to join their team. They are a great place to work, with many employee culture and engagement awards given to them each year.They offer:Full relocation outside of a 50 mile radiusPay: $80K - 100K with a 10% annual bonusBenefits and Perks:Excellent choice of comprehensive medical, dental...

  • Actuarial Analyst

    4 weeks ago

    Minneapolis, United States Ameriprise Financial Full time

    Ameriprise Financial is looking to add an Actuarial Analyst to the team! The individual in this role will perform actuarial tasks with manager assistance or supervision, as well as provide technical analysis and support by modifying, maintaining, operating, and documenting various actuarial models. The individual in this role will also prepare reports, as...

  • Actuarial Analyst

    3 weeks ago

    Minneapolis, United States Ameriprise Financial Full time

    Ameriprise Financial is looking to add an Actuarial Analyst to the team! The individual in this role will perform actuarial tasks with manager assistance or supervision, as well as provide technical analysis and support by modifying, maintaining, operating, and documenting various actuarial models. The individual in this role will also prepare reports, as...

  • Actuarial Analyst

    1 month ago

    Minneapolis, United States TEEMA Full time

    Our client near the West End is looking for an Entry Level Actuarial Analyst to join their team. They are a great place to work with many employee culture and enagement awards given to them each year. They offer:Full relocation outside of a 50 mile radiusPay: $80K - 100K with a 10% annual bonusBenefits and Perks:Excellent choice of comprehensive medical,...

  • Actuarial Analyst

    3 weeks ago

    Minneapolis, United States TEEMA Full time

    Our client near the West End is looking for an Entry Level Actuarial Analyst to join their team. They are a great place to work with many employee culture and enagement awards given to them each year. They offer:Full relocation outside of a 50 mile radiusPay: $80K - 100K with a 10% annual bonusBenefits and Perks:Excellent choice of comprehensive medical,...

  • Principal Actuarial Analyst or Assistant Actuary

    3 weeks ago

    Minneapolis, United States DW Simpson Full time

    Excellent compensation and benefits package available for the right candidate! A time-tested life insurance company is seeking an actuary who is either near their ASA or already has an ASA to become their next Principal Actuarial Analyst or Assistant Actuary - Financial Reporting. The exact title will depend on the amount of experience that the candidate...

  • Principal Actuarial Analyst or Assistant Actuary

    1 month ago

    Minneapolis, United States DW Simpson Full time

    Excellent compensation and benefits package available for the right candidate! A time-tested life insurance company is seeking an actuary who is either near their ASA or already has an ASA to become their next Principal Actuarial Analyst or Assistant Actuary - Financial Reporting. The exact title will depend on the amount of experience that the candidate...

  • Principal Actuarial Analyst or Assistant Actuary

    1 month ago

    Minneapolis, United States DW Simpson Full time

    Excellent compensation and benefits package available for the right candidate! A time-tested life insurance company is seeking an actuary who is either near their ASA or already has an ASA to become their next Principal Actuarial Analyst or Assistant Actuary - Financial Reporting. The exact title will depend on the amount of experience that the candidate...

  • Senior Actuarial Analyst

    3 weeks ago

    Minneapolis, United States DW Simpson Full time

    If you are seeking a highly visible role where you get to interact with senior management, then this is the job for you! A well-known life insurance company is searching for an actuary with 2-3 years of experience to join their team as a Senior Actuarial Analyst – LTC. This position is responsible for developing actuarial models, aiding in product...