Modern Woodmen of America · 19 hours ago
Assistant Actuary
Rock Island, IL
Full-time
Hybrid
Mid Level
$82K/yr - $100K/yr
3+ years expModern Woodmen of America is one of the nation’s largest fraternal benefit societies, with over $18 billion in assets. As an Assistant Actuary, you will develop actuarial models, support product design and implementation, and ensure the accuracy of product calculations.
FinanceFinancial ServicesLife Insurance
Responsibilities
Develop actuarial models for pricing new products
Research industry best practices to support product design
Research legislation and regulatory requirements impacting product development and enforce management
Actively participate in the development of contract language and material related product filing
Model actuarial processes in Excel, including large applications like testing tools and calculation engines
Perform modeling and analysis for illustration actuary certifications
Maintain processes for crediting rate and dividend recommendations
Support processes to ensure accuracy of illustration software
Provide support to IT and vendor(s) for actuarial related questions and computations
Qualification
Required
Bachelor's degree in Actuarial Science, Mathematics or related field
Associate of the Society of Actuaries (ASA) designation required
Minimum of three years of relevant actuarial experience
Strong analytical, problem-solving, and organizational skills
Proficiency with Microsoft Excel and experience using Integrate (MG-ALFA) modeling software
Clear and effective written and verbal communication skills
Benefits
Company-paid retirement plan
Matching 401(k) plan
Employee Impact Bonus
Medical, Dental and Prescription Drug Insurance. We pay 100% of employees’ health insurance premiums and 50% of employee dependents’ premiums.
Group term life insurance.
Long-term and short-term disability.
Voluntary benefits: vision, flexible savings accounts (FSA), accident insurance
Vacation, sick leave and 11 paid holidays
Company
Modern Woodmen of America
Modern Woodmen of America is a fraternal financial services organization.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Jerry Lyphout
President and Chief Executive Officer
Todd Swanson
Chief Financial Officer
Recent News
Quad City Business Journal
2022-04-27
Company data provided by crunchbase