Assistant Actuary - Model Projections

Ameritas is looking for our next Assistant Actuary to join our Corporate Actuarial Projections team. This position is a department subject matter expert on actuarial model use cases. This detail-oriented, results-driven individual will have good knowledge of industry practices and standards and ability to deliver on any assigned responsibilities. This position is essential for the company's management of risk and to assure the appropriate level of profitability and compliance. This position is responsible for providing actionable information that enables good business decisions along with designing and managing project initiatives and business processes within job area.

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 (Lincoln, NE / Cincinnati, OH) or remote based on proximity to an office location.

What you do

• Run and analyze certain recurring actuarial model use cases such as Asset Liability Management, Own Risk Solvency Assessment (ORSA) compliance, Cash Flow Testing, Risk Based Capital, Liquidity Testing, and Financial Forecasting.
• Collaborate with other team members to deliver timely model results and analysis that will support management's ability to make strategic decisions.
• Perform and document both dynamic and static validations (analysis of change and results, policy audits, initial values).
• Identify and support any process improvements.
• Support the Prophet model development life cycle, adhering to Model Risk Management policies and procedures.
• Compile and analyze data, using statistical formulas and other actuarial methods.
• Set up, test, validate and maintain actuarial models for the specified actuarial use cases.
• Help implement procedures to comply with new regulatory, control or governance requirements.
• Respond to requests for information from actuaries, accountants, auditors, management and other associates, as well as external stakeholders, providing actuarial analysis where appropriate.
• Provide guidance, training and peer review for other actuarial associates.
• Collaborate with stakeholders throughout the organization on business initiatives.

What you bring

• Bachelor's Degree or equivalent experience in Actuarial Science, Mathematics, Statistics or related field required.
• 3-5+ years of actuarial modeling experience, preferably with indexed life and/or annuity with living benefit experience required.
• Advanced knowledge of insurance products and concepts, actuarial theory and techniques, and regulation of the insurance industry required.
• Ability to balance competing priorities to produce high-quality deliverables in a fast-paced environment required.
• Ability to accurately perform detailed calculations with a high-level of understanding required.
• Ability to clearly and thoroughly document assumptions, decisions, processes, and other work performed required.
• Ability to work effectively both independently and as part of a team required.
• Prophet software knowledge strongly desired. SQL experience is beneficial and useful.
• Associate or Fellow of the Society of Actuaries designation desired. Member of the American Academy of Actuaries desired.

What we offer:

A meaningful mission. Great benefits. A vibrant culture
Ameritas is an insurance, financial services and employee benefits provider Our purpose is fulfilling life. It means helping all kinds of people, at every age and stage, get more out of life.
At Ameritas, you'll find energizing work challenges. Flexible hybrid work options. Time for family and community. But dig deeper. Benefits at Ameritas cover things you expect -- and things you don't:

Ameritas Benefits
For your money:
• 401(k) Retirement Plan with company match and quarterly contribution.
• Tuition Reimbursement and Assistance.
• Incentive Program Bonuses.
• Competitive Pay.

For your time:
• Flexible Hybrid work.
• Thrive Days - Personal time off.
• Paid time off (PTO).

For your health and well-being:
• Health Benefits: Medical, Dental, Vision.
• Health Savings Account (HSA) with employer contribution.
• Well-being programs with financial rewards.
• Employee assistance program (EAP).

For your professional growth:
• Professional development programs.
• Leadership development programs.
• Employee resource groups.
• StrengthsFinder Program.

For your community:
• Matching donations program.
• Paid volunteer time- 8 hours per month.

For your family:
• Generous paid maternity leave and paternity leave.
• Fertility, surrogacy, and adoption assistance.
• Backup child, elder and pet care support.

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.

Application Deadline
This position will be open for a minimum of 3 business days or until filled.

This position is not open to individuals who are temporarily authorized to work in the U.S.