What are the responsibilities and job description for the Actuarial Analyst position at Boston Mutual Life Insurance Company?
All Boston Mutual employees who interact with our policyholders, our producers, and our BML associates embrace the principles of our brand and service philosophy. We are all brand ambassadors. Both our words and our behaviors matter. We share a common service philosophy and pride ourselves in living the BML brand promises every day, one interaction at a time.
The following statements represent what Boston Mutual stands “FOR” – it is what makes us different and better in the market we serve.
- We are FOR being a progressive life insurance company dedicated to offering financial peace of mind to working Americans and their families.
- We are FOR providing practical and affordable products designed for those we serve.
- We are FOR making it easy to secure a level of financial protection with a portfolio of products – beginning with life insurance – via enrollment and billing options at the workplace.
- We are FOR providing a personalized customer experience to our policyholders and producers.
- We are FOR acting in the best interests of our policyholders, producers, employees and the communities in which we live and serve – representing the goodness of mutuality in all we do.
We do our best to:
- Demonstrate a desire to assist
- Listen for understanding and respond empathetically
- Explain things in a manner that is easy to understand
- Be knowledgeable students of our business
- Take full ownership to resolve questions and issues
- Be professional, polite and courteous
- Leave our customers and associates “better than where we found them”
The Actuarial Analyst reports directly to the 2nd VP Actuary.
Actuarial Analyst responsibilities include:
- Responding to requests from Boston Mutual’s Customer Experience team. This entails providing policy values, illustrations, and reproducing duplicate policies.
- Working with Information Technology team to correct policy values.
- Preparing Financial Reports, Exhibit 8 and other related reports, on monthly basis
- Preparing various year-end report for the Annual Statement.
- Preparing reports for A.M. Best, including Top 20 Cases and Producers.
- Preparing reports for auditors related to premiums
- Assisting on an ad hoc basis on work related to the BML Forward (System Replacement Program)
- Preparing expense and investment income reports for both the Product Development and Financial Reporting teams.
- Answering and researching questions from management.
Qualifications
Education: College Degree – Actuarial Science, Mathematics, Statistics, Computer Science, or Business
Experience: 2 year experience in Actuarial Science
Knowledge Requirements: excellent PC skills – Microsoft Office (Excel, Word, Outlook, Access, PowerPoint)
Hybrid Work Model
At our Canton location, employees will be on site Monday - Thursday with Friday being a remote day.
Boston Mutual is an equal opportunity employer. Boston Mutual is an equal opportunity employer, and does not discriminate on the basis of race, color, age, religious creed, national origin, ancestry, sex, sexual orientation, gender identity, genetic information, disability, military service, veteran status, family status, pregnancy, or any other characteristic protected by federal or state laws. Boston Mutual is a drug-free workplace.
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