Actuarial Development Program (2023 Recent Grads / Entry Level)

The Actuarial Development Program is open to recent graduates and individuals looking to start their career as an Actuary.

Participants of both the January and June 2023 Actuarial Development Program will gain a detailed exposure and understanding of the various careers paths related to actuarial science.  In each of the rotations, individuals will be responsible but not limited to the following tasks:

• Compiles and categorizes data in support of actuarial-related studies, projects or reports.
• Assists in preparing schedules of statistics, financial statements, premiums, reserves and benefits or other actuarial information.  
• Documents and verifies the information used in computations.
• Inputs data and runs pricing, reserving, or asset/liability models.
• Learns and applies various actuarial techniques and procedures in the course of work, while developing an understanding of the company's products and actuarial methodology.

Program Benefits

• SOA exam fees and study materials covered 100%
• Paid study time provided during the workweek
• Competitive compensation - pay increase on successful completion of each exam
• Rotate through the business to gain in-depth knowledge of the field

Qualifications

• Previous internship in actuary science or related field.
• Bachelor's or Master's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field.  
• Must have completed 1 actuarial exam. 
• Must be an active participant in the Actuarial Student Program, taking additional exams for FSA.
• Must be able to interpret complex analytical data.
• Communicates, both verbally and in writing, advanced mathematical and analytical concepts.
• Works well under pressure and within time constraints to effectively accomplish individual and team objectives.
• Advanced computer skills, including Microsoft Excel.
• Must be eligible to work in the US & not require sponsorship for Visa Employment Status.

Preferred Qualifications

• Advanced organizational, project management, and problem-solving skills.
• Programming skills.

Working Conditions

• Hybrid office environment.  Limited travel may be required.

This job description is not a contract of employment nor for any specific job responsibilities. The Company may change, add to, remove, or revoke the terms of this job description at its discretion. Managers may assign other duties and responsibilities as needed. In the event an employee or applicant requests or requires an accommodation in order to perform job functions, the applicable HR Business Partner should be contacted to evaluate the accommodation request.