Assistant Actuary-Product Management

Position Description:

Ameritas is currently searching for an Assistant Actuary-Product Management . This position provides actuarial services to support our inforce life and annuity products. The incumbent is responsible for providing actionable information that enables good business decisions. Supports project initiatives regarding inforce business by collaborating with the life and annuity pricing teams, Financial Planning and Analysis, and Corporate Actuarial.

At Ameritas, our mission is Fulfilling Life. We do that in many ways, but especially by helping people invest in themselves by offering trusted financial products and advice. Because we believe everyone should be happy, healthy and financially secure, we work hard to provide trusted financial products and valued guidance, including individual life and disability insurance, employee benefits, retirement planning, investments, and wealth management services.

Position Location:

• This is a hybrid role working partially in-office and partially from home.

What you do:

• Set up, test, and maintain actuarial models for life insurance profitability analysis, dividend scales for regulatory Closed Blocks, and illustrated scales under the Illustration Regulation
• Evaluate products with non-guaranteed elements against current anticipated experience factors
• Develop cross-functional partnerships to support business initiatives, including determination of actuarial assumptions
• Perform stress testing and scenario analysis to support managements strategic decision making
• Manage risk while ensuring appropriate profitability levels
• Compile and analyze data using statistical formulas and actuarial methodologies
• Monitor compliance with regulations, policies, and procedures relevant to actuarial practices and reporting
• Respond to information requests from internal stakeholder (actuaries, accountants, auditors, management) and external parties, providing actuarial analysis as needed
• Maintain comprehensive documentation of actuarial analyses, methodologies, and assumptions
• Provide guidance, training, and direction to junior actuarial associates

What you bring:

• Bachelors degree in actuarial science, mathematics, statistics, or quantitative field
• ASA (Associate, Society of Actuaries) designation
• FSA (Fellow, Society of Actuaries) designation preferred
• Minimum of 3-5 years actuarial experience required, with focus on Life or annuity products
• Advanced knowledge of actuarial mathematics, and proficiency with spreadsheets and databases
• In-depth knowledge of financial and modeling software, with FIS Prophet experience preferred
• Strong technical writing and verbal communication skills, with ability to present concepts to various audiences
• Superior analytical and problem-solving skills with demonstrated ability to learn new concepts quickly
• Experience with data analytic tools (PowerBI or similar platforms) preferred

What we offer:

A meaningful mission. Great benefits. A vibrant culture

Ameritas is an insurance, financial services and employee benefits provider Our purpose is fulfilling life. It means helping all kinds of people, at every age and stage, get more out of life.

At Ameritas, youll find energizing work challenges. Flexible hybrid work options. Time for family and community. But dig deeper. Benefits at Ameritas cover things you expect -- and things you dont:

Ameritas Benefits

For your money:

• 401(k) Retirement Plan with company match and quarterly contribution
• Tuition Reimbursement and Assistance
• Incentive Program Bonuses
• Competitive Pay

For your time:

• Flexible Hybrid work
• Thrive Days - Personal time off
• Paid time off (PTO)

For your health and well-being:

• Health Benefits: Medical, Dental, Vision
• Health Savings Account (HSA) with employer contribution
• Well-being programs with financial rewards
• Employee assistance program (EAP)

For your professional growth :

• Professional development programs
• Leadership development programs
• Employee resource groups
• StrengthsFinder Program

For your community:

• Matching donations program
• Paid volunteer time 8 hours per month

For your family:

• Generous paid maternity leave and paternity leave
• Fertility, surrogacy and adoption assistance
• Backup child, elder and pet care support

An Equal Opportunity Employer

Ameritas has a reputation as a company that cares, and because everyone should feel safe bringing their authentic, whole self to work, were committed to an inclusive culture and diverse workplace, enriched by our individual differences. We are an Equal Opportunity/Affirmative Action Employer that hires based on qualifications, positive attitude, and exemplary work ethic, regardless of sex, race, color, national origin, religion, age, disability, veteran status, genetic information, marital status, sexual orientation, gender identity or any other characteristic protected by law.