Remote Assistant Actuary - Model Projections

1w1 week ago

Ameritas

US · Full-time · $95,000 – $125,000

About this role

Ameritas seeks an Assistant Actuary for the Corporate Actuarial Projections team. This role serves as a department subject matter expert on actuarial model use cases. The detail-oriented professional ensures risk management, profitability, and compliance while delivering actionable insights for business decisions.

Daily tasks include running and analyzing recurring models like Asset Liability Management, ORSA compliance, Cash Flow Testing, Risk Based Capital, Liquidity Testing, and Financial Forecasting. Perform dynamic and static validations, including analysis of change, results, policy audits, and initial values. Set up, test, validate, and maintain models for specified use cases.

Collaborate with team members to deliver timely results supporting strategic decisions. Respond to requests from actuaries, accountants, auditors, management, associates, and external stakeholders. Provide guidance, training, and peer review for other actuarial associates while working with organization stakeholders on initiatives.

This hybrid or remote position offers involvement in process improvements, Prophet model development lifecycle, and compliance with regulatory requirements. Join a team focused on trusted financial products like life insurance, employee benefits, retirement planning, investments, and wealth management. Contribute to Fulfilling Life mission through actuarial expertise.

Requirements

Bachelor’s Degree or equivalent experience in Actuarial Science, Mathematics, Statistics or related field
3-5+ years of actuarial modeling experience, preferably with indexed life and/or annuity with living benefit experience
Advanced knowledge of insurance products and concepts, actuarial theory and techniques, and regulation of the insurance industry
Ability to balance competing priorities to produce high-quality deliverables in a fast-paced environment
Ability to accurately perform detailed calculations with a high-level of understanding
Ability to clearly and thoroughly document assumptions, decisions, processes, and other work performed
Ability to work effectively both independently and as part of a team

Responsibilities

Run and analyze recurring actuarial model use cases such as Asset Liability Management, ORSA compliance, Cash Flow Testing, Risk Based Capital, Liquidity Testing, and Financial Forecasting
Collaborate with team members to deliver timely model results and analysis supporting strategic decisions
Perform and document dynamic and static validations including analysis of change, results, policy audits, and initial values
Identify and support process improvements
Support Prophet model development lifecycle 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 specified use cases
Help implement procedures to comply with new regulatory, control, or governance requirements

Benefits

Hybrid or remote work based on proximity to office location
Opportunity to support company's management of risk, profitability, and compliance
Trusted financial products and valued guidance including life insurance, employee benefits, retirement planning, investments, and wealth management