JOB SUMMARY:
The Actuarial Department is responsible for supporting and enhancing sustainable growth of both sales and profits while managing the risks and safeguarding the solvency of Globe life. Actuaries are involved in life and health insurance product design, development and implementation, and the ongoing financial management of the enterprise.
Each Actuarial intern will join one of the Actuarial Department groups and be involved in a combination of their duties and responsibilities. Ideally, the intern will already have a basic knowledge of the tools before the internship starts but, in any case, it is expected that the intern will get deeper knowledge of a few tools while working.
PRIMARY DUTIES & RESPONSIBILITIES
- Creation of an agent analytics process that reads data from several sources, produces reports of the results, and allows to draw conclusions.
- Migration of processes from SQL server to the cloud and validation of the results.
- Development of dashboards presenting financial results.
- Creation of exhibits from valuation data for filling with state departments.
- Testing and validation of valuation models.
- Creation and validation of a pricing model.
- Creation of a profitability report from pricing model.
- Pricing of life insurance products.
Required Skills
KNOWLEDGE, SKILLS, & ABILITIES:
REQUIRED:
- Positive attitude and inquisitive nature
- Strong verbal and written communication skills
- Ability to work effectively both individually and in a team environment
- Accuracy and attention to detail
- RELIABLE AND PREDICTABLE ATTENDANCE OF YOUR ASSIGNED SHIFT_ _
- ABILITY TO WORK FULL-TIME AND/OR PART-TIME BASED ON THE SPECIFIC POSITION FOR WHICH YOU'RE APPLYING
DESIRED:
- Strong analytical and mathematical skills
- Knowledge of actuarial mathematics
- Software: MS Excel, Tableau, PolySystems
- Familiarity with Databases
- Programming skills
Required Experience
EDUCATION REQUIRED
- Completed two years toward bachelor’s degree in Actuarial Science, Mathematics, Data Science, Programming, or related field.