Actuarial Analyst/Associate

💰 $4,200 - $6,720 (Est.) 📍 Hawthorn East

Job Description

Why work with Assurant?

When you join Assurant, you will be part of a community that cares. A diverse and supportive team culture will see you challenge yourself and motivate you to think out of the box.

We come from a variety of countries, cultures, and backgrounds, but we are united by our enduring values of common sense, common decency, uncommon thinking, and uncommon results.

So, connect with us. Bring us your best work and your brightest ideas, and we’ll bring you a place where you can thrive.

Some of the benefits we offer to our team members are:

International and Local mentoring programs
Hybrid work environment
Two recharge days, and a cultural day annually to support work/life balance and celebrating what's important to you
Discounted Employee Share Purchase Program
Diversity panels and employee resource groups
10 weeks company paid parental leave
Development programs and support for higher education
Novated vehicle leasing
Volunteering leave to give back to the communities we serve
What’s the role about?

The Actuarial Analyst supports various actuarial functions that include pricing, reserving, financial reporting, capital management & forecasting. They provide advanced analysis to moderately complex, defined tasks & projects. This role recommends and implements techniques which support Assurant operations in achieving its goals related to revenue and profitability targets.

The Actuarial Analyst demonstrates the ability to understand direction provided in project deliverables, time management, and development. This role is expected to also participate in the department’s exam and rotational programs, which provides the opportunity to gain experience in numerous areas of the Actuarial organization while also understanding all products included in Assurant’s product suite.

Your day-to-day will include:

Owns the process of responding to all internal, external or ad hoc requests for business unit/product line supported with direct guidance from manager.
Appropriately analyzes, adds updates, and summarizes existing memorandum templates.
Locates and reconciles data from various source systems; ensures accuracy and recognizes adjustments needed for possible data anomalies.
Gathers information from different internal departments and complete reports and analysis as directed; understands and develops process flows; incorporate feedback provided for reporting and communications.
Assists with collecting data and responding to inquiries from state insurance departments, auditors, and internal (finance, accounting, regulatory, IT, etc.) areas regarding business processes, gaps, strategy & improvements.
Identifies system and data inefficiencies; provide recommendations to resolve.
Implements solutions to translate financial projections into business metrics; aware of area productivity, processes, & business profitability.
About you

Bachelor’s degree in Mathematics, Actuarial Science, or related field and in the process of pursing actuarial designation.
Minimum of 2-3 years overall experience in an actuarial role.
Previous experience in the automotive insurance industry required.
Previous experience in underwriting is advantageous.
Has advanced level of understanding actuarial concepts, insurance products and industry knowledge.
Advanced proficiency in MS Office Applications including Excel, PowerPoint, Word, Outlook, SharePoint.
Advanced to Expert proficiency to various data repository platforms (SAS/SQL/etc.).
To apply

Submit your resume and cover letter detailing your experiences and suitability for the role. The successful applicant will be subject to relevant background checks such as reference checks and a police check.

At Assurant, we celebrate the differences that make us who we are. By assembling extraordinary teams from a variety of races, religions, ****** orientations, gender identities, ages, experiences, and abilities, we’re able to better reflect the global communities where we live and work. By working to remove barriers, we ensure equity for everyone. The pursuit of inclusion rests with each of us. Because it’s only by listening to and representing the unique voices of every individual that we can innovate for all.

For further information about Assurant, please visit our website at https://www.assurant.com/


If no application deadline is provided, this role may be a pipeline requisition, and we'll continue to collect applications on an ongoing basis, or there is no requirement for this information in the location where the role is posted.

Any posted pay range considers a wide range of compensation factors, including candidate background, experience, and work location, while also allowing for salary growth within the position.

Helping People Thrive in a Connected World
Connect with us. Bring us your best work and your brightest ideas. And we’ll bring you a place where you can thrive. Learn more at jobs.assurant.com.

What’s the culture like at Assurant?
Our unique culture is a big reason why talented people choose Assurant. Named a Best/Great Place to Work in 15 countries and awarded the Fortune America’s Most Innovative Companies recognition, we bring together top talent around the world. Although we have a wide variety of skills and experiences, we share common characteristics that are uniquely Assurant. A passion for service. An ability to innovate in practical ways. And a willingness to take chances. We call our culture The Assurant Way.

Company Overview
Assurant is a leading global business services company that supports, protects, and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world’s leading brands to develop innovative solutions and deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products, and other specialty products.

Equal Opportunity Statement
Assurant is an Equal Employment Opportunity employer and does not use or consider race, color, religion, sex, national origin, age, disability, veteran status, ****** orientation, gender identity, or any other characteristic protected by federal, state, or local law in employment decisions.

Job Scam Alert
Please be aware that during Assurant's application process, we will never ask for personal information such as your Social Security number, bank account details, or passwords. Learn more about what to look out for and how to report a scam here.

 

💡 Quick Summary

Seeking a career-building opportunity? The Actuarial Analyst/Associate position is now open for candidates interested in the Insurance sector. This role in Hawthorn East offers a professional environment and growth potential.

Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Insurance is a plus.

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Frequently Asked Questions

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The expected salary for Actuarial Analyst/Associate in Hawthorn East is $4,200 - $6,720 (Est.) per month. Actual compensation may vary based on experience and negotiation.
No, Actuarial Analyst/Associate is an on-site position based in Hawthorn East. Candidates must be able to commute or relocate to this location.
Basic communication skills, a proactive attitude, and the ability to work in a team are required for Actuarial Analyst/Associate. Previous experience in Insurance is a plus. Freshers may also apply depending on the employer's requirements.
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