Actuarial Analyst I

Job Summary:

This individual contributor is primarily responsible for assisting in researching and determining the likelihood of financial risk to the organization, supporting actuarial documentation, product line evaluation, and actuarial modeling. This role also involves assisting in financial risk and opportunity analyses.

Essential Responsibilities:

• Pursues self-development and effective relationships with others by sharing information with coworkers and customers; listening and responding to performance feedback; acknowledging strengths and weaknesses; and adapting to and learning from change, difficulties, and feedback.
• Completes work assignments by following procedures and policies and using data and resources; collaborating with others to address business problems; adhering to established priorities, deadlines, and expectations; and communicating progress and information.
• Supports actuarial documentation by assisting with preparation of the actuarial portion of financial reports and tax returns, and responses to insurance regulations.
• Supports product line evaluations by assisting with analysis of product line financials, valuation, and cash flow analysis.
• Assists with actuarial research by conducting literature reviews on common standards, assumptions, competition, and the legal and regulatory environment.
• Assists with analysis of financial risks and opportunities by applying actuarial methods; collecting data; and assisting with actuarial analyses.
• Supports collaborations with peer-level business partners by translating basic actuarial constructs into non-technical explanations; and complying with the Actuarial Standards of Practice.
• Supports actuarial modeling by learning and using actuarial models; and assisting with the application of alternative assumptions and forecasts using in-house models or actuarial software.

Minimum Qualifications:

• Bachelor's degree in mathematics or related field. Additional equivalent work experience in a directly related field may be substituted for the degree requirement.
• Passed at least 1 actuarial exam toward an ASA or ACAS certification.

Preferred Qualifications:

• Two (2) years experience with databases and spreadsheets.
• Bachelor's degree in statistics, actuarial science, mathematics, engineering, or physics.

Pay Range: $75,400 - $97,570 / hour

Remote: Work location is the remote workplace (from home) within KP authorized states.