Actuarial Analyst
Prosperity Life provided pay range
This range is provided by Prosperity Life. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.
Base pay range
$80,000.00/yr - $100,000.00/yr
Prosperity is hiring an Actuarial Analyst who will contribute to the Company’s M&A and reinsurance endeavors. This is a highly visible role within an extremely active Corporate Development group that reports directly to the Office of CEO. The individual reports to the Director, M&A and Reinsurance Actuary and would play an integral role in conducting actuarial analyses and due diligence on transactions as well as supporting existing deal management and flow business pricing. He/she will also partner with finance, actuarial, investments and other functional groups to analyze various projects .
Major Duties And Responsibilities
Major Duties And Responsibilities
- Perform preliminary actuarial due diligence on financial and actuarial data for active transactions, including policy statistics, product features, risk profile, etc.
- Develop and maintain earnings actual-to-expected analysis and other metrics to monitor performance of existing deals
- Support flow business pricing analysis by updating actuarial projections and sensitivity assessments in MG-ALFA, while managing production data
- Assist in constructing statutory cash flow models for M&A and reinsurance transactions
- Drive the actuarial due diligence process, treaty negotiations and related activities by managing due diligence requests, liaising with external consultants and coordinating with other functional leads
- Integrate actuarial cash flows from MG-ALFA into Excel-based transaction models and conduct analysis
- Facilitate the seamless transition of deal models to the corporate actuarial valuation and Embedded Value team following transaction closure
- Bachelor's degree in actuarial science, mathematics, statistics, or a related field
- Completion of 2-3 SOA actuarial exams, with progress towards ASA designation
- 0-2 years of experience in actuarial or a related discipline, preferably within the life insurance sector
- Demonstrated fundamental knowledge of actuarial principles, concepts, practices, and processes; basic financial knowledge is preferred
- Proficiency in Microsoft Excel and other MS Office suites; familiarity with programming language is a plus
- Strong analytical and problem-solving skills
- Ability to handle multiple priorities in a face-paced environment
- Organized, reliable, detail-oriented, and motivated to deliver timely and high-quality work
- Excellent communication and interpersonal skills to foster effective collaboration across teams
- May require travel (5-10%)
-
Seniority level
Entry level -
Employment type
Full-time -
Job function
Finance and Sales -
Industries
Insurance
Referrals increase your chances of interviewing at Prosperity Life by 2x
See who you knowGet notified about new Actuarial Analyst jobs in United States.
Sign in to create job alertSimilar jobs
People also viewed
-
Actuarial Analyst - Commercial Lines - REMOTE
Actuarial Analyst - Commercial Lines - REMOTE
-
Actuarial Analyst - Commercial Lines - REMOTE
Actuarial Analyst - Commercial Lines - REMOTE
-
Actuarial Analyst - Commercial Lines - REMOTE
Actuarial Analyst - Commercial Lines - REMOTE
-
Actuarial Analyst - Commercial Lines - REMOTE
Actuarial Analyst - Commercial Lines - REMOTE
-
Actuarial Analyst - Commercial Lines - REMOTE
Actuarial Analyst - Commercial Lines - REMOTE
-
Actuarial Analyst - Commercial Lines - REMOTE
Actuarial Analyst - Commercial Lines - REMOTE
-
Associate Actuary - REMOTE
Associate Actuary - REMOTE
-
Associate Actuary
Associate Actuary
-
Actuarial Analyst - Commercial Lines - REMOTE
Actuarial Analyst - Commercial Lines - REMOTE
-
Actuarial Analyst
Actuarial Analyst
Similar Searches
Explore collaborative articles
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
Explore More