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Title

Actuarial Analyst 

Category Actuary  
Description

Job Summary

This is an actuary position on the Annuity Pricing Team and will be onsite in Austin, TX. This position will be instrumental to the end-to-end annuity product development process from ideation and pricing to implementation and performance management. This position is expected to progress through actuarial exams to pursue SOA credentials.

Essential Functions

  • Design and model new annuity products in Prophet actuarial software
  • Run pricing model and propose rate action for monthly annuity rate setting
  • Become a subject matter expert of the fixed indexed annuities that we offer
  • Lead improvements to annuity illustration software and validate changes
  • Communicate system requirements to IT and sign off on validation results
  • Draft policy form language supporting actuarial materials
  • Design and review marketing forms
  • Manage various policy support tasks such as updating system forms, development of annual statements, and validation of policy values

Education & Experience

  • Bachelor's degree in actuarial science, mathematics, statistics or equivalent work experience required.
  • At least 1 year of individual life or annuity actuarial experience required.
  • Prophet modeling experience preferred.
  • Annuity or life pricing experience preferred
  • Attention to detail, organized, eager learner
  • Proven experience working with various stakeholders in an effective manner.
  • Proficient in Microsoft Office product suite.

Licenses & Certifications

  • Passed at least 3 SOA exams.

Supervision & Leadership

  • No Supervision responsibilities.

Work Environment

  • This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines.
  • Regular and predictable attendance is required. Overtime may be required at peak times.
  • The employee is regularly required to use hands to handle or feel. The employee is regularly required to talk or hear.
  • The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of their job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Statement of Other Duties Proviso:

  • The information contained in this job description is not intended to be an all-inclusive list of duties and responsibilities, skills and abilities, or other listed requirements.
  • Management may, at its discretion, assign, reassign, or add additional duties and responsibilities to this job at any time.
  • The duties and responsibilities in this job description may be subject to change at any time due to reasonable accommodation or other reasons.
 
Position Requirements
  • Bachelor’s degree in actuarial science, mathematics, statistics or equivalent required
  • Passed at least one actuarial exam
  • Strong analytical, problem solving and strategic thinking skills
  • Effective oral and written communicational skills
  • Ability to independently manage multiple critical projects simultaneously and meet all deadlines
  • Proficient in Word, Excel, and PowerPoint
  • Programming experience a plus
 
Full-Time/Part-Time Full-Time  
Position Actuarial Analyst  
Exempt/Non-Exempt Exempt  
About the Organization
National Western Life provides high quality insurance products on a global basis to meet the financial security needs of well-defined market segments. We provide professional and friendly service to our policyholders and agents and are responsive to the needs of our employees, shareholders and the community.
 
EOE Statement We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status or any other characteristic protected by law.  

This position is currently not accepting applications.

To search for an open position, please go to http://NationalWesternLife.appone.com



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