Actuarial Analyst 1

Title: Actuarial Analyst 1
Location: Chicago, IL; Sioux Falls, SD or Remote
Job Summary:

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.
Essential Functions:

• 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 (Respect, Accountability, Integrity, and Openness)
• 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.

Qualifications:

• 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
• Criminal background check required.

Job Type: Full-time