Actuarial Associate 1

• Accurately and efficiently perform the technical actuarial tasks related to this role
• Develop basic working knowledge of Sammons Financial Group products related to area of focus
• Understand the basic types of insurance contracts and actuarial related regulations, basic product features and policy transactions
• Develop basic knowledge of assumptions required for actuarial calculations and modeling and assist in applying them
• Develop basic knowledge of actuarial modeling and/or valuation software
• Develop basic knowledge of accounting standards and other reporting requirements covering insurance liabilities and the assets backing liabilities
• Use spreadsheet, database and other data analytic software to perform data analysis and summarize aggregated data
• Understand basic concepts of relevant actuarial risks and the implications of failing to manage risk
• Assist with special projects as required
• Develop relationships with other departments and business units
• Participate in the Society of Actuaries’ examination program with a satisfactory pass record per Sammons Financial Group's actuarial study program guidelines
• Commitment to embrace Sammons Financial Group Companies shared values (Accountability, Connection, Openness, Respect and Integrity)
• Participate in other initiatives and/or projects as necessary

• Bachelor's Degree preferably in the area of Actuarial Science, Mathematics, Statistics or a business-related field
• Must have passed a minimum of one (1) actuarial exam
• Continued pursuit of an actuarial designation in the Society of Actuaries' examination program
• Possess a high level of mathematical ability, strong analytical skills and pay attention to detail
• Possess strong computer skills, including spreadsheets, databases and word processing
• Possess strong written and verbal communication skills
• Highly motivated to develop a strong knowledge base of the insurance industry and an ability to learn about Sammons Financial Group products, procedures, and operations
• Ability to research problems or questions and provide responses to the requestor
• Ability to work both individually and as part of a team
• Highly organized with the ability to work on multiple projects
• Ability to work effectively in an office environment
• Criminal background check required
• If the position is in the SIG business unit, Annuity New Business Securities team, or if we are holding securities licenses, FINRA regulations require fingerprinting for this position
• if we are holding securities licenses, a credit check will also be required

Internship experience, ideally in the field of Actuarial Science

• Health, Dental, Vision, Company Paid Retirement, PTO and Holiday Pay
• Employee Stock Ownership Plan (ESOP) is a 100% company-funded retirement plan
• Friday afternoons off all year long, competitive PTO, and generous number of paid holidays
• Incentive program for defined goals subject to eligibility and performance