What are the responsibilities and job description for the Actuarial and Investment Intern - 1135 position at Security Mutual Life Insurance?
As an Actuarial and Investment Intern, you will be responsible for supporting the Actuarial and Investment functions in product pricing, valuation, financial reporting, asset liability management, and mortgage investments.
This position is located in the Binghamton Home Office.
Description of Duties & Responsibilities:
• Extract and build data files for use in product pricing, asset and liability models.
• Assist with automating, updating, and developing actuarial and/or investment processes and systems.
• Analyze data to support experience studies and assumption setting.
• Perform cost-benefit analysis and research.
• Assist with analysis of risks and mitigants for company products and initiatives.
• Assist with bond portfolio review and analysis.
• Assist with the completion of cash flow analysis reports for commercial loan properties.
• Assist with the research of market trends, labor statistics, tenant information, and vacancy rates for commercial loan requests.
• Review third party reports (appraisals, property condition and environment reports) and identify concerns.
• Assist Credit Analysts in providing commercial mortgage lending quotes to brokers.
• Assist with special projects as needed or assigned by management.
Required skills & experience:
• Experience with handing large statistical data sets preferred.
• Intermediate proficiency with Microsoft Office required.
• Ability to think analytically and critically.
• Excellent written and verbal communication skills.
• Ability to perform work accurately and thoroughly.
• Excellent attention to detail.
• Ability to prioritize and organize a heavy workload.
Education Required: Must be pursuing a Bachelor’s or Master's degree in Actuarial Science, Finance, Applied Mathematics or a closely related field of study. Three years of college coursework is preferred.
Pay Range: $18.00 to $21.00 hourly
The starting pay rate for this role is based on a variety of relevant factors, including location, education, experience, and skills.
Visa sponsorship is not available for this position
Relocation assistance is not available for this position
Security Mutual is an Equal Opportunity Employer
About SML:
Security Mutual Life is a leading provider of life insurance, accumulation products and retirement-, business- and estate-planning services for individuals, families and businesses. Our innovative products help our clients meet their financial protection needs. Headquartered in Binghamton, New York, the Company was founded in 1886 and is recognized for its longstanding history of financial strength and stability.
We continually invest in technology. Our agents and employees are equipped with the latest tools and deliver outstanding service to our hundreds of thousands of policyholders throughout the United States.
We are committed to our neighbors and communities. Security Mutual and its employees help support a wide variety of community and charitable initiatives and organizations through our donations and service.
At Security Mutual our employees are among the Company’s most valued assets. We offer competitive salary and benefits and our work environment reflects the Company’s core values of trust, respect and integrity.
Federal & State Labor Law Posters: https://app.jjkellerlaborlawposters.com/posters/89FEF9AF-72EE-4456-8D21-04BD45D8150E
Salary : $18 - $21