Assistant Actuary I
Galveston, TX, US, 77550
Job Posting
The responsibilities of the assistant actuary I are similar to those of the actuarial analyst III, but build on the learning foundation that has been established. These responsibilities include improving the processes used to perform and communicate complex actuarial analyses such as actuarial exhibits, pricing, loss reserving, financial planning, modeling, other data analyses and other tasks as assigned, and should easily be able to train less experienced actuarial analysts. This position supports the core actuarial functions (i.e. pricing, reserving, modeling, etc.) responsible for ensuring profitability, growth and the financial strength of the organization. Minimal management oversight, review, and guidance will be required.
What You'll Do:
- Applies fundamental actuarial principles in analyzing company and industry data to prepare actuarial analyses in accordance with the “SOA code of Professional Conduct” and the Actuarial Standards of Practice
- Prepares and presents summaries of actuarial analyses for distribution to home office and field management, other American National departments, consultants, reinsurers, and regulators
- Completes processes to perform and document actuarial analyses promptly and accurately
- Assists and trains less experienced analysts with spreadsheets, databases, and sources of data used in actuarial analyses
- Prepares for and progresses in the SOA examinations through on-the-job and home study
- Supervises actuarial students with assigned projects
Required Qualifications:
- A bachelor’s degree in mathematics, statistics, economics, or a related field with a strong mathematical background is required
- The ability to demonstrate sufficient progress in understanding and applying basic actuarial principles is required
- Completion of at least 600 exam points is required
- At least four years of actuarial analysis at a performance level of Meets Expectations, or better, is required
American National offers eligible employees and their families medical, dental, vision, and basic life insurance. Employees are able to enroll in our company’s 401k plan. Employees also receive annually a bank of paid time off and paid holidays. We aspire to see people for what they bring to our corporate culture by supporting an inclusive work environment, including an emphasis on a healthy work-life balance, development opportunities, and a casual dress code.
American National is an established, stable, and successful multi-line insurance corporation that has provided financial strength and a sense of security to employees, customers and business partners since 1905. With focus on our organization’s values and cultural richness: Financial Strength, Integrity, Respect, Service and Teamwork (FIRST) and Agility, Collaboration, and Engagement (ACE) we continue to pursue our vision to be a leading provider of financial products and services for current and future generations.
Hiring Practices
The preceding job posting was designed to indicate the general nature and level of work performed by employees assigned to this position. It is not intended to be interpreted as a comprehensive list of all duties, responsibilities, and qualifications. We are dedicated to building a diverse, inclusive, and authentic workplace, so if you’re excited about this role, but your past experience doesn’t align perfectly with the job qualifications, we still encourage you to apply. You may be just the right candidate for this position or other opportunities at American National.
American National’s recruitment policies help us place individuals in a timely and efficient manner. Only the most qualified candidates will be contacted by our recruiting team. Candidates may check the status of their application(s) by logging into our Career Portal. Learn more about our company, by following us on social media: LinkedIn, Facebook, Instagram
American National is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, genetic information or any other legally protected categories. American National is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities.
Nearest Major Market: Galveston
Nearest Secondary Market: Houston
Job Segment:
Accounting, Actuarial, Bank, Banking, Social Media, Finance, Insurance, Marketing