Galveston TX

League City TX

Intern

Graduate

Associate

Qualified

Life

Property & Casualty

Modelling

Coding

Pricing

Valuation

Excel

AXIS

We are seeking multiple entry-level Actuarial Analysts to join our team, at our League City, TX location. In this position, you will support our modeling and/or experience studies/assumption team. This position is an exam track, actuarial role. If selected as an Actuarial Analyst, you would be eligible for our robust and supportive Actuarial Student Program.The responsibilities of this position primarily involve learning to perform and communicate complex actuarial analyses such as modeling, data analysis, and other tasks as assigned.What You'll Do:<ul><li>Learns fundamental actuarial principles that the actuarial analyst I applies in analyzing company and industry data to prepare actuarial analyses, in accordance with the "SOA code of Professional Conduct" and the Actuarial Standards of Practice</li><li>Prepares summaries of actuarial analyses for distribution to home office and field management, other American National departments, consultants, reinsurers, and regulators</li><li>Learns processes and begins to perform and document actuarial analyses promptly and accurately</li><li>Learns and begins to use spreadsheets, databases, and sources of data used in actuarial analyses</li><li>Performs actuarial valuation by updating valuation models, reflecting new assumptions and data</li><li>Prepares for and progresses in the SOA examinations through on-the-job and home study</li></ul>What You'll Need:<ul><li>A bachelor's degree in mathematics, statistics, economics, or a related field with a strong mathematical background is required.</li><li>2 or more actuarial exams to include Exam FM and P.</li></ul>Preferred Experience:<ul><li>Any actuarial related internships</li><li>Excellent communication and time management skills</li></ul>American National offers eligible employees and their families medical, dental, vision, and basic life insurance. Employees are able to enroll in our company's 401k plan. Employees also receive annually a bank of paid time off and paid holidays. We aspire to see people for what they bring to our corporate culture by supporting an inclusive work environment, including an emphasis on a healthy work-life balance, development opportunities, and a casual dress code.American National is an established, stable, and successful multi-line insurance corporation that has provided financial strength and a sense of security to employees, customers and business partners since 1905. With focus on our organization's values and cultural richness: Financial Strength, Integrity, Respect, Service and Teamwork (FIRST) and Agility, Collaboration, and Engagement (ACE) we continue to pursue our vision to be a leading provider of financial products and services for current and future generations.Hiring PracticesThe preceding job posting was designed to indicate the general nature and level of work performed by employees assigned to this position. It is not intended to be interpreted as a comprehensive list of all duties, responsibilities, and qualifications. We are dedicated to building a diverse, inclusive, and authentic workplace, so if you're excited about this role, but your past experience doesn't align perfectly with the job qualifications, we still encourage you to apply. You may be just the right candidate for this position or other opportunities at American National.American National's recruitment policies help us place individuals in a timely and efficient manner. Only the most qualified candidates will be contacted by our recruiting team. Candidates may check the status of their application(s) by logging into our Career Portal. Learn more about our company, by following us on social media: LinkedIn, Facebook, InstagramAmerican National is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity, national origin, veteran status, genetic information or any other legally protected categories. American National is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities.

The responsibility of the Life and Annuity Modeling Actuary is to identify and analyze potential modeling process enhancement opportunities for the company's actuarial valuation and cash flow testing AXIS models, with a focus on business subject to Principles Based Reserves (PBR).Successful performance of this position will ensure that regulatory requirements are followed, forecast cashflows are materially consistent with the business and scenario being modeled within regulatory constraints, and results are accurately reported. This will allow the Valuation actuaries to focus on their production responsibilities, as well as facilitate the model change management process for the Modeling team.As this position includes educating oneself in various organization areas that impact modeling and exploring new ideas and approaches, it is expected that substantial exchange is required with not only the person's manager but with other subject matter experts within the organization. This position is available onsite at our League City, TX, Galveston, TX, and/or Houston, TX offices.What You'll Do:<ul><li>Developing a working knowledge of regulatory requirements underlying the models,</li><li>Becoming proficient in the model structure, inputs, assumptions, calculation methodologies for liability and asset cash flows, and outputs, as well as its operating procedures,</li><li>Becoming familiar with the existing governance processes and controls,</li><li>Assess existing modeling process and components for enhancement potential by</li><li>Researching industry standards, methodologies and available data, and</li><li>Working with organizational subject matter experts (e.g., Experience Studies, Pricing, Underwriting) to better understand underlying model strengths and weaknesses.</li><li>Estimate enhancement impact materiality and propose implementation solutions,</li><li>Educate key stakeholders on model sensitivity to varying demographic attributes, product features, asset selection and key assumptions.</li><li>Developing VM-22 modeling methodology and supporting assumptions and margins, as well as supporting implementation efforts,</li><li>Present findings and proposals to key stakeholders both verbally and in writing.</li><li>Managing and delivering on multiple simultaneous projects of varying priorities and timelines.</li></ul>Required Qualifications:<ul><li>A bachelor's degree in mathematics, statistics, economics, or a related field with a strong mathematical background is required,</li><li>Associate of the Society of Actuaries (ASA) or Fellow of the Society of Actuaries (FSA) designation,</li><li>At least six years of actuarial experience in life insurance or annuities,</li><li>At least two years of model development experience using the Moody's AXIS actuarial modeling software</li><li>Demonstrated attention to detail and successful project management experience in a fast-paced, evolving business environment with competing priorities.</li></ul>Preferred Qualifications:<ul><li>Model development experience in cash flow testing, VM-20 or VM-21 Moody's AXIS models,</li><li>Assumptions and margins development experience based on company experience,</li><li>Experience in modeling both life and annuity products.</li></ul>American National offers eligible employees and their families medical, dental, vision, and basic life insurance. Employees are able to enroll in our company's 401k plan. Employees also receive annually a bank of paid time off and paid holidays. We aspire to see people for what they bring to our corporate culture by supporting an inclusive work environment, including an emphasis on a healthy work-life balance, development opportunities, and a casual dress code.American National is an established, stable, and successful multi-line insurance corporation that has provided financial strength and a sense of security to employees, customers and business partners since 1905. With focus on our organization's values and cultural richness: Financial Strength, Integrity, Respect, Service and Teamwork (FIRST) and Agility, Collaboration, and Engagement (ACE) we continue to pursue our vision to be a leading provider of financial products and services for current and future generations.

American National Insurance Company was founded in 1905 and is headquartered in Galveston, TX, with several locations across the US: League City, TX, Houston, TX, Springfield, MO, and Glenmont, NY. Our Internship Program is designed to provide young professionals with corporate experience that is not offered in the classroom. In addition to supporting their respective department, each intern will have the opportunity to attend professional development sessions, volunteer within the community, and attend company sponsored social events.Our 2024 summer internship program begins on Monday, June 3 and ends on Friday, August 9. Intern positions are paid hourly with a full-time schedule (Monday-Friday, 37.5 hours per week) for the entirety of the program.Internship Program Eligibility Requirements:<ul><li>Must be enrolled in an accredited institution</li><li>Must hold a Junior standing or higher (May 2024 grads are welcome)</li><li>Must possess a minimum 3.0 GPA</li><li>Must be able to commit 37.5 hours per week Monday-Friday</li><li>Must be able to work onsite in the posted location of the role</li></ul>Internship Department: Actuarial Modeling InternshipLocation: League City, TXWhat we're looking for:<ul><li>Pursuing a degree in Actuarial Science, Mathematics, Statistics or Finance</li><li>Advanced knowledge of Microsoft Excel &amp; Microsoft Outlook</li><li>Strong organization skills &amp; attention to detail w/ high level accuracy</li><li>Ability to work independently and multi-task in a fast-paced environment</li><li>Completed exams P or FM preferred.</li></ul>What you can expect to do in the role:<ul><li>Assist with Compiling and Analyzing Data</li><li>Ensure accuracy of data</li><li>Work with control reports</li><li>Ensure accuracy of assumptions approved by MAGC to assumptions in the valuation system</li></ul>Skills you can expect to improve and/or develop:<ul><li>Microsoft Excel/Access</li><li>Create Reports/Dashboards</li><li>Professional communication, collaboration, and etiquette</li></ul>American National offers eligible employees and their families medical, dental, vision, and basic life insurance. Employees are able to enroll in our company's 401k plan. Employees also receive annually a bank of paid time off and paid holidays. We aspire to see people for what they bring to our corporate culture by supporting an inclusive work environment, including an emphasis on a healthy work-life balance, development opportunities, and a casual dress code.American National is an established, stable, and successful multi-line insurance corporation that has provided financial strength and a sense of security to employees, customers and business partners since 1905. With focus on our organization's values and cultural richness: Financial Strength, Integrity, Respect, Service and Teamwork (FIRST) and Agility, Collaboration, and Engagement (ACE) we continue to pursue our vision to be a leading provider of financial products and services for current and future generations.

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