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EMC Insurance Companies · 14 hours ago

Actuarial Analyst II - EMCL

United States

Full-time

Remote

Entry, Mid Level

$73K/yr - $100K/yr

2+ years exp

EMC Insurance Companies is dedicated to making an impact through teamwork and support. The Actuarial Analyst II will manage complex actuarial databases, perform financial projections, and ensure the integrity of calculations within the sales illustration system while representing the actuarial team on cross-functional teams.

Financial ServicesInsurance

Responsibilities

Performs and updates all changes to the actuarial team SQL databases

Maintains documentation of the actuarial team SQL databases and how data flows through the database, and the reasoning for the design

Maintains the data infrastructure (tables, keys, schema, etc.) in a precise, consistent way

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

Identifies ways to improve the data infrastructure. Makes recommendations to actuarial leadership and implements changes

Runs the actuarial software to calculate reserves

Runs the actuarial software to calculate asset and liability durations

Builds and updates reports of actuarial reserves in SQL

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

Serves as a subject matter expert and 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, recommends rates for interest sensitive products for the interest rate team, and death claims analysis

Represents the EMCNL actuarial team on various cross functional teams such as reinsurance and product implementation and chairs the interest rate team