Student Actuary

As a Student Actuary , you will be responsible for supporting pricing and product development projects, using various modeling techniques such as MG-ALFA, PolySystems, Axis, Excel and other database software. This position is also involved in core actuarial functions of product design and pricing, or valuation of liabilities, and compliance related work.


This is a Binghamton Home Office position.

Description of Duties & Responsibilities:

• Create, setup and verify actuarial models in Excel, database software and MG-ALFA and Axis actuarial software. Support Illustration Actuary testing, pricing, profit analysis, and nonforfeiture testing.
• Support the creation of actuarial memorandums for state filing and actuarial reports for management.
• Support the implementation and testing of new products off our administrative and product development models.
• Research and analyze competitive information relating to products, pricing, financial information and experience assumptions.
• Provide additional support as needed to the department.
• Continue to pass actuarial exams with the goal of becoming a Fellow of the Society of Actuaries. Comply with program rules.

Required skills & experience:

• 1 year of related experience required.
• Minimum of 1 exam in progression towards the FSA designation required. Completion of 2 exams preferred.
• Intermediate proficiency in Microsoft Excel required.
• Basic proficiency in Microsoft Word required.
• Proficiency with MG-ALFA or Axis or other actuarial software preferred.
• Experience with databases and the ability to program and write queries preferred.
• Strong problem solving abilities.
• Ability to work independently with minimal supervision.
• Excellent written and verbal communication skills.
• Ability to perform work accurately and thoroughly.
• Excellent attention to detail.
• Ability to prioritize and organize a heavy workload.

Education Required : Bachelor's degree in actuarial science or mathematics required. Degree in closely related field of study acceptable.


Pay Range: $62,500 to 70,000 Annually

The level for this position will be determined based on factors including relevant skills, experience and other qualifications.

Visa sponsorship is not available for this position

Relocation assistance is not available for this position

Security Mutual is an Equal Opportunity Employer