Actuarial Associate, Valuation Job at Prosperity Life Group, Austin, TX

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  • Prosperity Life Group
  • Austin, TX

Job Description

Posted Wednesday, July 2, 2025 at 4:00 AM

Austin, TX - Hybrid

Job Duties Include:

  • Develops proficiency with corporate software, especially MS Office (Word, Excel, Access)
  • Performs technical calculations in support of actuarial valuation and financial reporting
  • Demonstrates independence in compilation of data for analysis, maintenance of required databases and in preparation of required management reports
  • Demonstrates an understanding of insurance products and terminology
  • Effectively uses company data files and administrative systems
  • Develops ad hoc actuarial reports/tools as needed
  • Assists in coding and testing of new products or updating models

Basic Qualifications :

  • Must have a minimum of 3-year experience in a role requiring actuarial analysis and 3 actuarial exams passed
  • Must have working knowledge of valuation/projection software such as ArcVal, MG-ALFA, or Prophet
  • Must be working towards and making satisfactory progress toward ASA or FSA designation, completing required training and examinations, and achieving required certifications
  • Strong knowledge of life insurance and annuity products
  • Bachelor's degree (B.A.) or equivalent education and experience required
  • Strong analytical, problem solving, technical, documentation, and communication skills
  • Working knowledge of SQL database and VBA

Preferred Qualifications :

  • Strong knowledge insurance products, including life, annuity, and supplemental health products
  • Strong interpersonal and communication skills, with the ability to work well with others
  • Excellent problem-solving skills
  • Working knowledge of programming languages (e.g. Python, R) is a plus
  • Paying attention to details
  • Enjoys working hard, looks for challenges, and seeks opportunities for improvement

Why Us?

  • Competitive Exam Program : The Actuarial Department is committed to developing our actuaries. Exam Program perks include study hours per exam hour, cost reimbursement, no kick-out clause, and competitive salary increases.
  • Working with Purpose : The Actuarial Department ensures team members can connect-the-dots and understand how their work fits into the bigger company picture and how the work applies to us as actuaries.
  • Continuous Improvement : The Actuarial Department is committed to improving our processes through streamlining workflows, robust documentation, and leveraging technology.
  • Visibility : There is constant exposure to Senior leaders in the business providing ample opportunity for growth and development.
  • Location : Austin, Texas, captivates with its vibrant culture, eclectic music scene, delectable cuisine, and welcoming community, making it a city where the unique blend of creativity, innovation, and southern hospitality thrives in harmony.
#J-18808-Ljbffr Prosperity Life Group

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