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Assistant Actuary

Role overview

Qualifications

  • ASA with BS degree or higher
  • Four years actuarial experience
  • Advanced knowledge of spreadsheets and databases
  • In-depth knowledge of financial and modeling software

Responsibilities

  • Provide analysis and create models for various actuarial functions
  • Assist in pricing and product development
  • Participate in financial projections and risk management
  • Train other associates and perform additional duties as assigned

Key facts

Hard skills

Other skills

  • Spreadsheets
  • Mathematics
  • Customer Service
  • Communication
  • Problem Solving
  • Teamwork

About the company

WoodmenLife logo

WoodmenLife

Insurance

We’ve been helping to protect the financial future of families like yours, making a difference in hometowns across America, and honoring our country since 1890. As a not-for-profit life insurance company, we put money back into the community. We’re here when you need us most.When you become part of the WoodmenLife family, you’re joining other people who share your commitment to family, community, and country. Through WoodmenLife, you have opportunities to connect with others, give back locally, and honor those who make an impact. You have an open invitation to: -Support your community through local volunteer activities -Enjoy family outings sponsored by WoodmenLife -Join in our fight against hunger -Fundraise for causes that matter to you An individual becomes a member by joining our shared commitment to family, community and country, and by purchasing a WoodmenLife product.Woodmen of the World Life Insurance Society Home Office: Omaha, NE1-800-225-3108 www.WoodmenLife.orgNot all Representatives are licensed to sell all products.Not all products are available in all states.Representatives are independent contractors and are not employees of WoodmenLife. Any opinions, ratings or reviews posted by third parties are their own and may not be representative of the experience of others or indicative of future performance or success.The views and opinions expressed in 3rd party articles are those of the authors and do not necessarily reflect the position of WoodmenLife.Securities are offered through Woodmen Financial Services, Inc., 1700 Farnam Street, Omaha, NE 68102, 1-877-664-3332, member FINRA/SIPC, a wholly owned subsidiary of Woodmen of the World Life Insurance Society (collectively "WoodmenLife"​). Securities other than the WoodmenLife Variable Annuity are issued by companies that are not affiliated with Woodmen of the World Life Insurance Society.

Company details

Company typeLarge
IndustryInsurance
Company size1001 - 5000

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Job description

Job Title: Assistant Actuary

This position could have a hybrid or possibly remote work schedule.

WoodmenLife is looking to hire an Assistant Actuary to join our team!

In this role, you will Contribute to the growth and financial soundness of the organization by assisting actuarial functions that support various WoodmenLife insurance products.  Provide analysis and creates models with acceptable levels of accuracy and efficiency that is used in financial solutions.

WoodmenLife is one of the best places to work in Omaha, with more than 135 years of service rooted in purpose and community. Since 1890, WoodmenLife has been dedicated to helping hardworking Americans secure their families’ financial futures and leave a lasting legacy. As a purpose‑driven, not‑for‑profit life insurance company, our commitment is to our members and the communities they call home.

As a member of the WoodmenLife family, you’ll join others who share a commitment to family, community, and country. We offer a comprehensive benefits package including health, dental, vision, 401(k), life insurance, and more. Apply today to learn more!

We are looking for someone to:   

  • The Assistant Actuary provides analysis and creates models that assist the following actuarial functions.  Average percent of time spent within any single function varies by the incumbent.
    • Pricing and Product Development
    • Product Administration
    • Illustration Actuary Compliance and Illustration System Administration
    • Refund Determination and Inforce Product Management
    • Financial Projections, including Enterprise Value Projections
    • Valuation and Financial Reporting
    • Experience Studies
    • Reinsurance
    • Risk Management
  • May assist in the training of other associates.
  • May participate on a division or cross-functional project team or committee.
  • Meets expectations for attendance and punctuality in accordance with the expectations established by your supervisor and WoodmenLife policy.
  • Performs other duties as assigned by management.

We need someone who has:

  • ASA with BS degree or higher and four years actuarial experience.
  • Advanced knowledge of spreadsheets, databases and mathematics.
  • In-depth knowledge of financial and modeling software.
  • Requires technical writing skills and effective verbal communication.
  • Requires flexible hours of work to meet deadlines and match business requirements.
  • Requires superior problem solving skills.
  • Ability to provide seamless, trustworthy, attentive and resourceful (S.T.A.R.) customer service.
  • Engages well with others and are passionate about providing an exemplary customer experience.

If you're ready to make an impact in your community, we’d love to hear from you. Apply today!

As part of WoodmenLife’s employment process, candidates will be required to complete a criminal background check, credit check (when required for position), fingerprint check (when required for position), drug screen and reference checks. Any offer of employment will be contingent upon successfully passing the above.

WoodmenLife is welcoming to all regardless of background and beliefs. WoodmenLife respects every associate’s unique perspective and contribution. We are committed to creating an environment that values differences, and creates opportunities for growth, leadership and service. This commitment includes providing equal opportunity in recruitment, employment and promotion, training and community outreach. WoodmenLife is also dedicated to strengthening the communities in which its employees live.

APPLICANTS WITH DISABILITIES SHOULD ADVISE THE HUMAN RESOURCES DEPARTMENT AT THE TIME OF APPLICATION IF SPECIAL ACCOMMODATIONS ARE NEEDED.

Woodmen of the World Life Insurance Society (WoodmenLife) is an equal opportunity employer. 

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Marcus Rivera

Chief Revenue Officer

m.rivera@company.com
linkedin.com/in/marcusrivera
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