Ameritas is currently searching for an Assistant Actuary-GAAP Valuation to join our team. The Assistant Actuary contributes to the growth and financial soundness of the Organization by active collaboration within GAAP Valuation team along with liaising with external units like financial analysis or product development. They provide analysis and create models with acceptable levels of accuracy and efficiency that is used in financial reporting.
At Ameritas, our mission is Fulfilling Life. We do that in many ways, but especially by helping people invest in themselves by offering trusted financial products and advice. Because we believe everyone should be happy, healthy and financially secure, we work hard to provide trusted financial products and valued guidance, including individual life and disability insurance, employee benefits, retirement planning, investments, and wealth management services.
This role could be hybrid or remote based on proximity to an office location.
What you do:
- Quarterly GAAP/LDTI valuation and the associated analysis, report generation, and communication of results
- Contribute to the regular development and maintenance of FIS Prophet actuarial models
- Collaborate within the organization to provide valuation insight into assumptions, pricing, or other organization initiatives
- Assist in the LDTI reporting process design/maintenance and creation of analytical tools to provide further management insight into financial results
- Ensure compliance with relevant regulations and standards in actuarial practices and reporting.
- Maintain accurate records and documentation of actuarial analyses, methodologies, and assumptions.
What you bring:
- Bachelor's degree in actuarial science, mathematics, statistics,or equivalent experience required
- ASA-Associate, Society of Actuaries required
- Minimum 3-5 years actuarial experience required, preference with focus on Life products
- Advanced knowledge of spreadsheets, databases and actuarial mathematics.
- Experience working on GAAP financials with preference towards LDTI experience
- In-depth knowledge of financial and modeling software, FIS Prophet preferred
- Requires technical writing skills and effective verbal communication.
- Superior problem solving skills and a desire to learn.
- Data analytic tool experience like PowerBI or similar preferred
An Equal Opportunity Employer
Ameritas has a reputation as a company that cares, and because everyone should feel safe bringing their authentic, whole self to work, we're committed to an inclusive culture and diverse workplace, enriched by our individual differences. We are an Equal Opportunity/Affirmative Action Employer that hires based on qualifications, positive attitude and exemplary work ethic, regardless of sex, race, color, national origin, religion, age, disability, veteran status, genetic information, marital status, sexual orientation, gender identity or any other characteristic protected by law. Salary Range: $101,574-$167,596
The pay range posted reflects a nationwide minimum to maximum covering all potential locations where the position may be filled. The final determination on pay for any position will be based on multiple factors including role, career level, work location, skill set, and candidate level of experience to ensure pay equity within the organization. This position will be eligible to participate in our comprehensive benefits package (see above for details). This position will be eligible to participate in our Short-Term Incentive Plan with the annual target defined by the plan.
Pay transparency is rooted in principles of fairness, equity, and accountability within the workplace. Sharing pay ranges for all job postings is one way Ameritas shows our commitment to equitable compensation practices.
