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EMC Insurance Companies · 1 day ago

Actuarial Analyst I - EMCL

United States

Full-time

Remote

New Grad, Entry Level

$61K/yr - $84K/yr

EMC Insurance Companies is focused on collaboration and impact. They are seeking an Actuarial Analyst I to assist with actuarial data stewardship, perform valuation and financial projection tasks, and maintain the integrity of calculations within the sales illustration system.

Financial ServicesInsurance

Responsibilities

Maintains documentation of the actuarial team SQL databases and how data flows through the database

Maintains the data infrastructure (tables, keys, schema, etc.)

Supports the data driven aspects of product pricing, assumption setting, and modeling

Identifies ways to improve the data infrastructure

Runs reports of actuarial reserves in SQL

Validates the accuracy of the valuation and financial projection work using Excel

Maintains the sales illustration system by continuously checking the accuracy of calculations and adding new products to the system as they are developed

Produces periodic reports and analysis including reports of reserve calculations for reinsurers, summarizes rates for interest sensitive products for the interest rate team, and death claims analysis

Participates on various cross functional teams such as reinsurance, interest rate, and product implementation. Provides assistance with internal and external audits