What are the responsibilities and job description for the Sr. Actuarial Analyst, Financial Planning & Analysis position at National Life Group?
Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures.
Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard.
We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good. Be good. Make good.
Role Summary
The Sr. Analyst will model and analyze GAAP/Statutory financial results for life insurance products. This role entails adapting models for new products, sensitivity work, regulatory demands, business expansions, and strategic projects. This role will require an analytical, problem-solving mindset and the ability to dig into financial results and communicate findings to stakeholders. The Sr. Analyst will be expected to collaborate across Valuation, Finance, Product Development, Risk, and IT departments. This role will report to the Actuary & Director of Financial Planning & Analysis and is a part of the Actuarial Development Program which provides exam support while working towards ASA/FSA.
Key Responsibilities
This position is presently onsite/hybrid with the expectation that you are in the office four days per week with current campus days being Monday-Thursday (subject to change with advance notification and manager discretion).
Minimum Qualifications
Additional Compensation and Benefits. The total compensation package for this position may also include a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. The successful candidate may also be eligible to participate in National Life’s discretionary annual incentive programs, subject to the rules governing such programs. If hired, the employee will be in an "at-will position" and National Life reserves the right to modify base salary (as well as any other discretionary payment or compensation or benefit program) at any time, including for reasons related to individual performance, company or individual department/team performance, and market factors.
National Life is accepting applications for this role on an ongoing basis and the role remains open until filled.
Salary Pay Range
$101,250 - $148,500 USD
National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT – founded in 1848, Life Insurance Company of the Southwest, Addison, TX – chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group.
Fortune 1000 status is based on the consolidated financial results of all National Life Group companies.
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Site Disclosure and Privacy Policy
National Life Group
1 National Life Dr
Montpelier, VT 05604
Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard.
We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good. Be good. Make good.
Role Summary
The Sr. Analyst will model and analyze GAAP/Statutory financial results for life insurance products. This role entails adapting models for new products, sensitivity work, regulatory demands, business expansions, and strategic projects. This role will require an analytical, problem-solving mindset and the ability to dig into financial results and communicate findings to stakeholders. The Sr. Analyst will be expected to collaborate across Valuation, Finance, Product Development, Risk, and IT departments. This role will report to the Actuary & Director of Financial Planning & Analysis and is a part of the Actuarial Development Program which provides exam support while working towards ASA/FSA.
Key Responsibilities
- Communicates efficiently and effectively, orally and in writing, with both internal and external audiences.
- Utilizes various software to forecast life insurance results under GAAP & Statutory frameworks
- Able to dig into and communicate discrepancies in results vs forecasts on a quarterly basis
- Solves complex problems as they arise
- Makes improvements to current processes
This position is presently onsite/hybrid with the expectation that you are in the office four days per week with current campus days being Monday-Thursday (subject to change with advance notification and manager discretion).
Minimum Qualifications
- Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field
- Required passing of 3-5 Actuarial Exams
- 2-3 years of relevant experience
- Experience with actuarial modeling software (such as PolySystems, MG-ALFA, GGY-AXIS)
- Strong communication skills
- Comprehensive understanding of actuarial valuation requirements and techniques
- Proven analytical prowess and problem-solving capabilities
- A proactive attitude towards continuous improvement and challenging established norms
- Experience with database tools like SQL, DataBricks, Microsoft Access, etc.
- Working understanding of actuarial valuation requirements and techniques
- Working understanding of GAAP & Statutory financial frameworks
- Proven analytical prowess and problem-solving capabilities
- Excellent written and verbal communication skills
- Your benefits start day one and are flexible and customizable to your and your family’s specific needs. Check out the BENEFITS of a Career at National Life!
Additional Compensation and Benefits. The total compensation package for this position may also include a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. The successful candidate may also be eligible to participate in National Life’s discretionary annual incentive programs, subject to the rules governing such programs. If hired, the employee will be in an "at-will position" and National Life reserves the right to modify base salary (as well as any other discretionary payment or compensation or benefit program) at any time, including for reasons related to individual performance, company or individual department/team performance, and market factors.
National Life is accepting applications for this role on an ongoing basis and the role remains open until filled.
Salary Pay Range
$101,250 - $148,500 USD
National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT – founded in 1848, Life Insurance Company of the Southwest, Addison, TX – chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group.
Fortune 1000 status is based on the consolidated financial results of all National Life Group companies.
Social Media Policy
Site Disclosure and Privacy Policy
National Life Group
1 National Life Dr
Montpelier, VT 05604
Salary : $101,250 - $148,500