Actuarial Analyst

Armed with statistical, financial, business computational, and modeling tools, actuaries determine, assess, and quantify the risks of threats to the organization becoming realized and develop policies and programs to cover or minimize the disruptive operational and financial cost to the organization. This makes actuaries essential in the life insurance industry. *** Oxford Life is seeking a talented Actuarial Analyst for the Financial Planning and Analysis (FP&A) Department of Oxford. This position reports to the FP&A Manager. This is a great opportunity for an eager, motivated new grad of a bachelor’s program in Actuarial Science to begin a successful career at a strong life insurance company. New grads MUST have a strong proficiency with Microsoft Excel. *** Duties and Responsibilities Determine the reserves required on a Statutory, GAAP, and Tax basis to ensure the company’s financial position to meet client claims. Determine the financial soundness of each line of business using loss recognition testing, gross premium valuations, asset adequacy analyses, and/or experience studies. Gather and analyze experience statistics to estimate population mortality, morbidity, lapse, persistency, and maturity rates. Work with accountants, compliance officers, marketing representatives, auditors, consultants, and senior management to develop and promote the proper reserving of insurance products. Use mathematical techniques and statistical concepts to determine and assess the risk inherent in a particular scheme. Keep a close eye to the new research and developments that have arisen in the actuarial field. Apply innovative solutions for resolving constantly changing business problems. Explain the risk and limitations of actuarial schemes in detail to a non-actuarial audience. Document the concepts, methodologies, and procedures that have been implemented. Skills and Specifications Must have proven multitasking skills and can work under extreme pressure. Must have excellent analytical and computational skills (Microsoft Excel, Word, Access, PowerPoint); Actuarial Software (MG-ALFA); Financial Reporting Software (SAP) and Policy Administration Software (Life Support Plus and LifePRO). Must have excellent communication and interpersonal skills. Education and Qualifications Minimum Bachelor’s degree in actuarial science, mathematics, statistics, accounting, or finance with an active pursuit of successfully passing Society of Actuaries actuarial exams. Preference will be given to candidates who have shown success in passing exams towards completion of their designation as an Associate or Fellow of the Society of Actuaries and have attained 1+ years of relevant actuarial experience working in the life insurance industry. Medical insurance Dental & Vision plan with hearing care discounts Onsite medical clinic for team members and eligible family members New indoor fitness gym (Midtown Phoenix campus) CVS Virtual Care 24-Hour Nurse Line Wellness Program (Healthier You initiatives & challenges) Mindset App Reimbursement Pet Insurance & Wellness plans Opportunities for advancement Valuable on-the-job training Tuition Reimbursement Program Free online courses for personal and professional development at U-Haul University® 401(k) Savings Plan Employee Stock Ownership Plan (ESOP) Company-paid life insurance Voluntary life insurance options Short-Term and Long-Term Disability Critical Illness, Accident & Hospital Indemnity plans Business & business travel insurance MetLaw Legal Program MetLife Auto & Home Insurance LifeLock Identity Theft Protection Dave Ramsey’s SmartDollar® Financial Wellness Program Paid holidays, vacation, and sick time You Matter Employee Assistance Program (EAP) Discounts on cell phone plans, hotels, computers, vehicles & more Community involvement & volunteer opportunities U-Haul Mothers Program (Paid maternity leave) U-Haul is an equal opportunity employer. All applications for employment will be considered without regard to race, color, religion, sex, national origin, physical or mental disability, veteran status, or any other basis protected by applicable federal, provincial, state, or local law. Individual accommodations are available on requests for applicants taking part in all aspects of the selection process. Information obtained during this process will only be shared on a need to know basis. U-Haul Holding Company and its family of companies, including U-Haul, have strived to create a culture of health and wellness. As of February 1, 2020, and consistent with applicable law, no U-Haul Holding Company or its family of companies will hire individuals in states where it may lawfully decline to hire individuals who use nicotine products (Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Georgia, Hawaii, Idaho, Iowa, Kansas, Maryland, Massachusetts, Michigan, Nebraska, Pennsylvania, Texas, Utah, Vermont, Virginia and Washington). This policy will not apply to team members hired before February 1, 2020. #J-18808-Ljbffr U-Haul International, Inc.