Actuarial Intern

AAA Life Actuarial InternBy joining AAA Life, you will have the opportunity to strengthen the name and reputation of the brand that millions have come to rely upon for financial piece of mind. We are a company dedicated to our members and our employees. We value the unique attributes and contributions of our associates to build an inclusive, collaborative and innovative workplace where all employees are engaged and feel they belong. Delivering our company's promise to members is what drives each of our associates every day. We offer a dynamic work environment, excellent benefits, and competitive compensation that will allow you to exercise your potential to innovate, finding ways to increase efficiency and enhance our business processes.ResponsibilitiesWhat you will doGain experience at an established and still rapidly-growing companyDevelop a well-rounded actuarial skill and learn from accomplished and credentialed teammatesHone technical skills by developing significant analysis and reporting on projects within one of two different teams, including:Product Development and InnovationValuation and Financial ReportingParticipate in a culture that promotes work/life balance and a dress-for-your-day dress codeForm relationships with actuarial manager who will promote an open line of communication to provide mentorship and training on the technical and soft skills it takes to succeed in the actuarial professionEnjoy team-building and bonding activities with colleaguesEarn competitive compensationSpend time in face to face meetings with executivesPosition Responsibilities or Project DetailsUnderstands, programs, tests, and validates data using Access, Excel or advanced programming techniques (e.g., SQL, C#, etc.)Performs ad-hoc reportingReviews own work for accuracyUses established documentation and procedures and recommends updates where appropriateExpected OutcomesThe Actuarial Intern will be responsible for the functions described in one or more of the following areas:Pricing and Product DevelopmentPerforms competitor studies or other related product researchUtilizes MG-ALFA actuarial software to develop financial modelsGathers data needed to develop or validate pricing assumptionsSupports the creation of models through data gathering, data validation, and grouping of assets & liabilitiesValuation and Financial ReportingPerforms experience studiesAssists in the calculation and validation of statutory, GAAP, and tax reservesRuns month-end reporting processGathers data for financial statement preparationUpdates and runs financial forecasting modelsQualificationsPursuing a Bachelor's degree in Actuarial Science, Computer Science, Mathematics, or related fieldCompletion of at least one Society of Actuaries exam preferredExperience with Microsoft Access and ExcelDemonstrated ability to work effectively with othersStrong verbal and written communication skillsProgramming and testing in a database environmentReviewing results for accuracy and reasonablenessLearning company operations, systems and actuarial methodologies quicklyWorking to meet deadlines with limited supervision