Actuarial Assistant

Guarantee Trust Life Insurance Company (GTL) is currently seeking an Actuarial Assistant to join our team!

Since 1936, GTL has offered cutting-edge insurance solutions and personalized service for our policyholders and distributors, while supporting personal growth and civic involvement from our employees. We’re seeking candidates who are looking for meaningful work, who want to invest in their growth, and contribute to a company built on timeless virtues and best business practices.

This position is required to work on-site in our Chicagoland (Glenview, IL) office most days. Everyone receives 3 flexible remote days per month and 6 additional Friday PTO days each year! And we offer half-day Fridays – every Friday!

This is a unique opportunity to join a dynamic team of actuaries and work with a variety of health and life products. In this position, you will gain experience with a variety of actuarial tools and have a meaningful role as a contributor to an ever­changing list of projects, including product development, pricing, and analysis. While you hone your hands­-on skills, you can also take advantage of our competitive student program to support your progress towards an actuarial designation.

The successful candidate will be exposed to a variety of responsibilities including the following:

• Support new product development work including pricing analysis and projections, competitive analysis, and sensitivity testing
• Help with rate filings
• Conduct ongoing experience studies
• Develop new and improve existing experience studies & methodologies
• Work with internal stakeholders to react to changes in product experience
• Identify opportunities to improve processes

Must­-Have Qualifications:

• Bachelor’s degree
• 1-5 years of relevant actuarial experience
• Proven exam success and working towards ASA designation
• Experience working with complex spreadsheets and large databases
• Proficient with Excel. Experience with SAS or SQL considered a plus
• Ability to effectively communicate with non-­actuarial staff

Personality traits that exemplify:

• Initiative, desire to take on new challenges and responsibilities
• Intellectual curiosity, desire to learn and grow professionally
• High level of organization, able to balance multiple priorities
• Strong communication and organizational skills

Bonus points if you have:

• Programming experience
• Experience with actuarial modeling software

The pay range provided is not a guarantee of compensation.  The range reflects potential pay for the job grade for this role at the time of this posting. Compensation will depend on several factors such as specific competencies, relevant education and experience, qualifications, and industry certifications. Compensation ranges are subject to change and may be higher or lower than the range described above.  

Provided eligibility requirements are met employees will be eligible for the following benefits:

• Medical
• Health Savings Account (including employer contribution)
• Dental
• Vision
• Basic Life Insurance (full premium paid by employer)
• Voluntary Employee, Spouse and Child Life Insurance
• Short-Term and Long-Term Disability
• Paid Holidays
• Paid time off including vacation, personal days, and sick time
  • The amount of time off varies based on tenure and hours worked
• 401(k) and Profit-Sharing retirement plan
  • The company matches contributions up to 2% provided the employee contributes a minimum of 3%
  • The company may make a discretionary contribution to the Profit-Sharing plan

We invite you to learn more about Guarantee Trust Life by visiting our website: www.gtlic.com

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Salary : $75,000 - $100,000