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SBLI · 1 day ago

Actuarial Analyst

Woburn, MA

Full-time

Hybrid

Entry Level

1+ years exp

SBLI is a company focused on developing, managing, and pricing Life and Annuity products. The Actuarial Analyst will support a variety of actuarial tasks, collaborating with multiple departments to ensure product relevance and compliance.

FamilyInsuranceLife Insurance

Hiring Manager

Amy Nickerson

Responsibilities

Work under the direction of senior actuaries to support pricing and developing annuity and life products. Work with groups across the company in product rollout and maintenance

Update and maintain actuarial financial models for profit testing

Assist in the production of product reports

Assist in the monitoring of product profitability on an ongoing basis – actual-to-expected actuarial dashboard

Work on implementation of product changes/revisions to ensure timely response to regulatory and market requirements

Assist in the periodic analysis and update of pricing assumptions

Assist in monitoring and analyzing competitor product offerings and market initiatives

Assist in setting up new products on illustration system, and maintaining and testing illustration system

Assist in the annual setting of policy dividends

Qualification

Actuarial exams passedAXIS actuarial softwareData Science degreeMicrosoft ExcelCommunication skillsTime management skillsOrganizational skills

Required

A Bachelor's Degree in Data Science preferred, Actuarial Science, Statistics, Mathematics considered

Two Actuarial exams passed and either one Actuarial internship or one year of full-time actuarial experience. Exams will need to be passed as part of job

Experience working with/familiarity with Microsoft Office applications, particularly Excel, Access and PowerPoint

Desire to attain membership in the Society of Actuaries

Proven ability to learn quickly, and to apply known concepts to new situations

Strong written and oral communication skills. Ability to present actuarial analysis to non-actuarial audiences

Strong time management and organizational skills, ability to manage multiple tasks and work within time constraints