Actuarial Analyst/Associate

Why work with Assurant?

When you join Assurant, you will be part of a community that cares. A diverse and supportive team culture will see you challenge yourself and motivate you to think out of the box.

We come from a variety of countries, cultures, and backgrounds, but we are united by our enduring values of common sense, common decency, uncommon thinking, and uncommon results.

So, connect with us. Bring us your best work and your brightest ideas, and we’ll bring you a place where you can thrive.

Some of the benefits we offer to our team members are:

• International and Local mentoring programs
• Hybrid work environment
• Two recharge days, and a cultural day annually to support work/life balance and celebrating what's important to you
• Discounted Employee Share Purchase Program
• Diversity panels and employee resource groups
• 10 weeks company paid parental leave
• Development programs and support for higher education
• Novated vehicle leasing
• Volunteering leave to give back to the communities we serve

What’s the role about?

The Actuarial Analyst supports various actuarial functions that include pricing, reserving, financial reporting, capital management & forecasting. They provide advanced analysis to moderately complex, defined tasks & projects. This role recommends and implements techniques which support Assurant operations in achieving its goals related to revenue and profitability targets.

The Actuarial Analyst demonstrates the ability to understand direction provided in project deliverables, time management, and development. This role is expected to also participate in the department’s exam and rotational programs, which provides the opportunity to gain experience in numerous areas of the Actuarial organization while also understanding all products included in Assurant’s product suite.

Your day-to-day will include:

• Owns the process of responding to all internal, external or ad hoc requests for business unit/product line supported with direct guidance from manager.
• Appropriately analyzes, adds updates, and summarizes existing memorandum templates.
• Locates and reconciles data from various source systems; ensures accuracy and recognizes adjustments needed for possible data anomalies.
• Gathers information from different internal departments and complete reports and analysis as directed; understands and develops process flows; incorporate feedback provided for reporting and communications.
• Assists with collecting data and responding to inquiries from state insurance departments, auditors, and internal (finance, accounting, regulatory, IT, etc.) areas regarding business processes, gaps, strategy & improvements.
• Identifies system and data inefficiencies; provide recommendations to resolve.
• Implements solutions to translate financial projections into business metrics; aware of area productivity, processes, & business profitability.

About you

• Bachelor’s degree in Mathematics, Actuarial Science, or related field and in the process of pursing actuarial designation.
• Minimum of 2-3 years overall experience in an actuarial role.
• Previous experience in the automotive insurance industry required.
• Previous experience in underwriting is advantageous.
• Has advanced level of understanding actuarial concepts, insurance products and industry knowledge.
• Advanced proficiency in MS Office Applications including Excel, PowerPoint, Word, Outlook, SharePoint.
• Advanced to Expert proficiency to various data repository platforms (SAS/SQL/etc.).

To apply

Submit your resume and cover letter detailing your experiences and suitability for the role. The successful applicant will be subject to relevant background checks such as reference checks and a police check.

At Assurant, we celebrate the differences that make us who we are. By assembling extraordinary teams from a variety of races, religions, sexual orientations, gender identities, ages, experiences, and abilities, we’re able to better reflect the global communities where we live and work. By working to remove barriers, we ensure equity for everyone. The pursuit of inclusion rests with each of us. Because it’s only by listening to and representing the unique voices of every individual that we can innovate for all.

For further information about Assurant, please visit our website at https://www.assurant.com/