Actuarial Technician Jobs

The Actuarial Technician position is responsible for providing support for calculating, analyzing, reporting, and explaining reserves and other actuarial financial statement items for Life and Annuity products. The individual will provide actuarial support to recurring and special projects. The individual is expected to learn general knowledge of statutory valuation requirements and GAAP guidelines for life and annuity products. The individual is expected to make continuous process improvements and improve process documentation. The Actuarial Technician will learn to run valuation processes and understand income statement, balance sheet, and other actuarial / non-actuarial financial items.

Key Responsibilities

• Maintain the integrity of valuation model / processes and make continuous process improvements
• Run monthly / quarterly Stat, GAAP, Tax valuation processes for Life and Annuity in a timely manner
• Perform controls to ensure accuracy on valuation processes and produce monthly / quarterly reports
• Perform ad hoc projects as needed
• Provide support on annual experience studies and external audits
• Assist in preparing year-end Statutory Financial Statements

Job Requirements

• Bachelor’s degree – mathematics, finance, computer science or related degree preferred
• Ability to work independently
• Experience with a wide range of life insurance and annuity products with actuarial product benefit calculations preferred.
• Understanding of MS Office suite of applications including very strong Excel skills
• Strong math, analysis and communications skills and the ability to work as part of a team
• Experience – 0-36 months, in support of financial services preferred

The base compensation range represents the low and high end of the range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to qualifications, skills, competencies, location, and experience. The range listed is just one component of our total compensation package for employees.

Other rewards may include an annual bonus, quarterly bonuses, commissions, and other long-term incentive compensation, depending on the position. National Life offers a competitive total rewards package which includes: a 401(k) retirement plan match; medical, dental, and vision insurance; a company funded wellness account for director and below employees; 10 paid holidays; a generous paid time off plan (22 days of combined time-off for non-exempt employees and exempt employees have discretion in managing their time, including scheduling time off in the normal course of business, but in no event will exempt employees receive less sick time than required by state or local law); 6 weeks of paid parental leave; and 6 weeks of paid family leave after a year of full-time employment

National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT – founded in 1848, Life Insurance Company of the Southwest, Addison, TX – chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group.

Fortune 1000 status is based on the consolidated financial results of all National Life Group companies.

National Life Group

1 National Life Dr

Montpelier, VT 05604

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