What are the responsibilities and job description for the Actuarial Analyst 1 position at Sammons Financial Group?
What You Can Expect In This Role
Provide technical and analytical support for internal and external customers. Assist with creating, maintaining, and using spreadsheets and/or database tools to effectively calculate, analyze and report results for a variety of actuarial-related processes. Assist with research and analysis of information in order to address calculation issues as needed. Support other special projects as assigned.
What You'll Do In This Role
• Develop basic understanding of the actuarial related concepts and requirements and relevant business processes needed. Ensure product features, reporting requirements, calculations and controls are properly incorporated into the tools that are built to support analytical and reporting processes as assigned.
• Maintain or assist in development of spreadsheet and/or database tools used to manage, analyze and report data. Ensure work is accurate and efficient using existing procedures. Document tools and processes.
• Gather and prepare data and review for reasonableness. Generate reports, conduct reasonableness checks, and provide summary output/reports to manager for review. Research issues with direction.
• With oversight, create, maintain, and enhance calculation spreadsheets used to validate or supplement actuarial-related or system-generated values. Utilizing spreadsheets, accountable for detailed and complex manual calculations to provide actuarial, product and/or policy support to other departments.
• Participate as a representative of the Department in relevant meetings.
• With oversight, automate departmental processes to improve efficiency and accuracy as assigned.
• Assist with special projects and/or initiatives as required.
• Work with the manager to effectively plan and prioritize your own work in accordance with broader team or department objectives and priorities. Complete projects on time and with high standards and accuracy.
• Develop and maintain effective business relationships with both internal and external stakeholders.
• Commitment to embrace Sammons Financial Group Companies shared values (Accountability, Connection, Openness, Respect and Integrity).
• As stated within the Company Attendance and Punctuality policy, regular attendance is required and expected in order to meet the business service levels and workflow demands.
• Other duties as assigned.
What We're Looking For
Other Requirements
• Criminal background check required.
Salary Range Information
USD $40,223.00 - USD $67,039.00 /Yr.
What you can expect when you join Sammons Financial Group
• Comprehensive health coverage for you and your family, including Medical, Dental, Vision, HSA & FSA options, and term life insurance.
• Competitive compensation with a performance-based incentive program tied to clear goals and individual and/or company success.
• Invest in your future with our 100% company-funded Employee Stock Ownership Plan (ESOP), plus automatic enrollment in our 401(k).
• Work-life balance that means something. Friday afternoons off year-round, generous paid time off, and paid holidays.
• Commit to your growth with paid development time, tuition reimbursement, and professional development opportunities across industry, individual, and leadership programs.
• Make an impact beyond the workplace through volunteer time off, and our company nonprofit matching gift program, supporting the causes that matter most to you.
• An ownership culture that inspires; join a connected, values-driven workplace where employees take accountability, support one another, and are empowered to do their best work-together shaping our future shared success.
Work Authorization/Sponsorship
At this time, we're not considering candidates that need any type of immigration sponsorship now or in the future or those needing work authorization for this role (This includes, but is not limited to students on F1-OPT, F1-CPT, J-1, etc.)
Additional Information
Sammons Financial Group Is An Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or any other characteristic protected by applicable law.
ADA
Sammons Financial Group is committed to providing reasonable accommodations to qualified individuals with disabilities in all aspects of the employment process. If you need assistance or a reasonable accommodation at any stage of the application or hiring process, including navigating our website or applying for a position, please contact HR@sfgmembers.com or call 800-728-2987.
E-Verify
Sammons Financial Group participates in E-Verify and will provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I-9 to confirm work authorization.
Provide technical and analytical support for internal and external customers. Assist with creating, maintaining, and using spreadsheets and/or database tools to effectively calculate, analyze and report results for a variety of actuarial-related processes. Assist with research and analysis of information in order to address calculation issues as needed. Support other special projects as assigned.
What You'll Do In This Role
• Develop basic understanding of the actuarial related concepts and requirements and relevant business processes needed. Ensure product features, reporting requirements, calculations and controls are properly incorporated into the tools that are built to support analytical and reporting processes as assigned.
• Maintain or assist in development of spreadsheet and/or database tools used to manage, analyze and report data. Ensure work is accurate and efficient using existing procedures. Document tools and processes.
• Gather and prepare data and review for reasonableness. Generate reports, conduct reasonableness checks, and provide summary output/reports to manager for review. Research issues with direction.
• With oversight, create, maintain, and enhance calculation spreadsheets used to validate or supplement actuarial-related or system-generated values. Utilizing spreadsheets, accountable for detailed and complex manual calculations to provide actuarial, product and/or policy support to other departments.
• Participate as a representative of the Department in relevant meetings.
• With oversight, automate departmental processes to improve efficiency and accuracy as assigned.
• Assist with special projects and/or initiatives as required.
• Work with the manager to effectively plan and prioritize your own work in accordance with broader team or department objectives and priorities. Complete projects on time and with high standards and accuracy.
• Develop and maintain effective business relationships with both internal and external stakeholders.
• Commitment to embrace Sammons Financial Group Companies shared values (Accountability, Connection, Openness, Respect and Integrity).
• As stated within the Company Attendance and Punctuality policy, regular attendance is required and expected in order to meet the business service levels and workflow demands.
• Other duties as assigned.
What We're Looking For
- Bachelor's Degree in Mathematics, Computer Science, Business or equivalent Preferred
- Practical work experience in data analytics; background in life insurance or annuities Preferred
- Possess mathematical ability, strong analytical skills and attention to detail
- Familiarity in Visual Basic and macros, Excel, Access, and Word desirable
- Demonstrate strong verbal and written communication skills
- Motivation to learn Sammons Financial Group Companies products and Actuarial related concepts
- Ability to research and respond to requests for information
- Ability to work both individually and as part of a team.
- Demonstrate natural sense of curiosity, strong problem solving skills and ability to multi-task
- Demonstrate flexibility and adaptability to changing priorities
- Self-motivated, and ability to work independently and effectively under deadline pressures
Other Requirements
• Criminal background check required.
Salary Range Information
USD $40,223.00 - USD $67,039.00 /Yr.
What you can expect when you join Sammons Financial Group
• Comprehensive health coverage for you and your family, including Medical, Dental, Vision, HSA & FSA options, and term life insurance.
• Competitive compensation with a performance-based incentive program tied to clear goals and individual and/or company success.
• Invest in your future with our 100% company-funded Employee Stock Ownership Plan (ESOP), plus automatic enrollment in our 401(k).
• Work-life balance that means something. Friday afternoons off year-round, generous paid time off, and paid holidays.
• Commit to your growth with paid development time, tuition reimbursement, and professional development opportunities across industry, individual, and leadership programs.
• Make an impact beyond the workplace through volunteer time off, and our company nonprofit matching gift program, supporting the causes that matter most to you.
• An ownership culture that inspires; join a connected, values-driven workplace where employees take accountability, support one another, and are empowered to do their best work-together shaping our future shared success.
Work Authorization/Sponsorship
At this time, we're not considering candidates that need any type of immigration sponsorship now or in the future or those needing work authorization for this role (This includes, but is not limited to students on F1-OPT, F1-CPT, J-1, etc.)
Additional Information
Sammons Financial Group Is An Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or any other characteristic protected by applicable law.
ADA
Sammons Financial Group is committed to providing reasonable accommodations to qualified individuals with disabilities in all aspects of the employment process. If you need assistance or a reasonable accommodation at any stage of the application or hiring process, including navigating our website or applying for a position, please contact HR@sfgmembers.com or call 800-728-2987.
E-Verify
Sammons Financial Group participates in E-Verify and will provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I-9 to confirm work authorization.
Salary : $40,223 - $67,039