Actuarial Analyst I at Americo Financial Life and Annuity in Kansas City, MO

Job description

• We are seeking a motivated and detail-oriented individual to join our actuarial team as an Actuarial Analyst. This role is ideal for recent graduates or early-career professionals pursuing actuarial credentials. You will support pricing initiatives, product development and valuation efforts that contribute to the financial health and strategic decision-making of our life and annuity product portfolio.

Responsibilities

• Assist in the pricing and design of new life insurance products, including term, whole life, universal life, indexed UL, fixed indexed annuities and fixed annuities.
• Support experience studies and assumption development for mortality, lapse, and expense trends.
• Contribute to the preparation of actuarial models for product profitability, cash flow testing, and reserve calculations.
• Collaborate internally with multiple departments to support product launches and enhancements.
• Help prepare regulatory filings and documentation for state departments of insurance.
• Participate in the development, maintenance and improvement of actuarial tools and automation processes.
• Progress toward actuarial credentials through exam support and professional development.

Requirements

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, or a related field.
• Completion of at least one Society of Actuaries (SOA) exam (preferred).
• Strong analytical, conceptual-thinking and problem-solving skills.
• Proficiency in Excel; experience with actuarial software (e.g. AXIS, Prophet) and programming languages (e.g. SQL, Python, R) is a plus.
• Excellent communication and collaboration skills.
• Ability to manage multiple tasks and meet deadlines in a dynamic environment.
• Internship or prior experience in life insurance or actuarial work.
• Familiarity with life insurance products and regulatory environment.
• Exposure to valuation principles and financial reporting frameworks (e.g., GAAP, statutory).

Skills

Required

• Proficiency in Excel

Benefits

• Supportive environment for actuarial exam progression and continuing education.
• Competitive compensation and comprehensive benefits.
• Opportunities for growth within the actuarial team.
• Collaborative and inclusive workplace culture.
• Our competitive pay and robust bonus program, offered to all associates, will make you feel valued.
• We prepare you for success with a comprehensive, paid training program. Additionally, our Talent Development team creates various development opportunities for associates at every stage of their careers.
• We value work-life balance with our generous paid time off; you begin accruing hours every month, and they increase with tenure. All new hires earn over three weeks of paid time off annually, plus 11 paid company holidays! We also support new mothers with a maternity leave program, along with paid STD and LTD.
• We commit to your health and well-being and are proud to offer comprehensive health and life insurance options, including FSA or HSA accounts and subsidies to support your health and fitness goals through vendor partnerships at The Y, Orange Theory, WW, and more.
• Americo offers a 401(k) with a company match. We also have tuition reimbursement programs to further your education.
• We support several local organizations, such as Ronald McDonald House, Hope Lodge, the American Red Cross, Harvesters, and many more. Our associates volunteer their time and donate money alongside the company to make a difference in our community.
• Americo participates in the Kansas City Corporate Challenge, a great way to connect with coworkers. Additionally, we host events like a Royals Party at the K, a legendary Holiday Party, and in-office events with local vendors to allow associates to step away from work and enjoy each other’s company.
• Our newly renovated offices are conveniently located in downtown Kansas City, within walking distance of your favorite restaurants and attractions. Plus, you’ll receive complimentary paid parking near our Americo offices – downtown parking is a premium, but we’ve got you covered.