Life Actuarial Analyst

Location: Chicago, IL
Job Number: 2498

Progressive firm offering exceptional benefits is seeking a Life Actuary!

Company Highlights

  • Our client has become the premier independent provider of actuarial and risk management services to the insurance industry and self-insured organizations worldwide. Their groundbreaking work in employee benefits and financial risk management has led to significant innovations.
  • For over 70 years, the firm has continually expanded their capabilities and now include enterprise risk management, retirement plan administration, predictive analytics, healthcare efficiency, and a range of other consulting and technology solutions.
  • They have built a solid foundation on inclusive innovation by working together with the best from all over the world and realizing the variety and uniqueness in everyone truly makes them a stronger organization.
  • This company has been named actuarial firm winner by U.S. Captive Review Awards – these awards recognize captive insurance products and services providers offering high level of excellence.

How the Company Appreciates You

  • Most innovative compensation model in the industry
  • Health, Dental, Vision Coverage
  • Flexible Spending Accounts for dependent care, transportation, and additional medical expenses
  • 401(k) with company match and Profit Sharing
  • Paid Time Off (PTO)
  • Additional voluntary benefit opportunities
  • Employee engagement program
  • Actuarial Exams Program

Your Role with the Company

  • The Life Actuarial Analyst role is responsible for a wide variety of assignments in the areas of mergers and acquisitions, asset liability management, cash flow testing, valuation, financial reporting, and financial modeling.
  • This role is entrusted with development and analysis of experience studies and actuarial assumptions as well as asset adequacy analysis and cash flow testing.
  • In addition to developing valuation models and production processes for US statutory and GAAP reporting, the Life Actuarial Analyst will develop new insurance products.

Community Highlights

  • The Life Actuary will be based in the Chicago office.
  • As a large city with surrounding suburbs, Chicago offers a multitude of housing options to suit every lifestyle and a variety of transportation resources for traveling and sightseeing.
  • Chicago is rich in culture, arts and entertainment.

Background Profile

  • 1 or 2 years of experience for FIA/VA/Life
  • Expertise in pricing, assumption/experience studies
  • Working knowledge of data processing with SAS/SQL
  • 2+ Actuarial exams passed
  • Bachelor’s degree in Actuarial Science, or a similar mathematical or quantitative program