Assistant Actuarial Analyst, Model Production

Actuarial Zionsville/Indianapolis, Indiana


Description

Position at Group1001

Group1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.

Group1001 is looking for a recent or soon-to-be college graduate to join us an Assistant Actuarial Analyst in our Actuarial Department.

This position will report to a Director in the Model Production team.

Main Accountabilities

Input and analysis of data into company actuarial models used for various modeling purposes.

  • Set up the actuarial models and run them in a production environment for various projections.
  • Produce model reports and analyze the results in support of management and regulatory needs.
  • Work to enhance existing processes to improve the quality and efficiency of information gathering and flow.
  • Ensure adequate controls over the modeling process.
  • Perform peer reviews of model reports and output.
  • Collaborate with individuals throughout the organization, with an emphasis on model efficiency and effectiveness.
  • Participate in special projects as needed.

Qualifications

  • Bachelor’s degree in actuarial science, finance, economics, math, physics, engineering or related field.
  • At least one actuarial exam passed
  • Strong analytical skills
  • Exposure to financial modeling
  • Strong communication skills
  • Strong time and project management skills
  • Excellent organizational skills
  • Proficiency in Excel (including VBA) and exposure to a database tools (Microsoft Access, SQL, etc.)
  • Willingness to work slices of unusual hours to expedite work