Support all core actuarial functions including valuation/financial reporting, planning/projections, cash flow testing, pricing/product development, and experience studies for all Sentinel products (primarily Fixed/Indexed Annuities with additional exposure to Medicare Supplement and Traditional Life Insurance). Work very closely with professionals from other key departments, including Accounting, Systems/IT, and Policy Service. Please send resumes to HRResponse@ajg.com
Statutory and GAAP Valuation: Utilize and enhance GGY AXIS models to produce and summarize reserves on a monthly basis for various Fixed/Indexed Annuity products. Support build-out of GAAP reserving processes. Support Microsoft Excel/Access-based valuation and reporting processes for Life Insurance and Medicare Supplement insurance products.
Financial Projections & Profit Modeling: Use AXIS models to produce financial projections, which directly feed management decision-making.
Cash Flow Testing and Asset/Liability Management: Utilize and enhance AXIS models used for annual Asset Adequacy Testing. Support creation of annual Actuarial Opinion Memorandum.
Financial Reporting: Complete various actuarial exhibits and schedules for Annual and Quarterly Financial Statements and related regulatory reports/data requests. Manage preparation of monthly business reports including production reports, profitability reports, persistency reports and other pertinent management reports.
Bachelor’s degree in actuarial science, finance, mathematics, economics, computer science, engineering, or related field
1+ actuarial exams passed
1+ actuarial internships and/or 1+ years of experience in an actuarial/insurance role
Strong skills in Microsoft Office suite (Excel, Word, PowerPoint, Access)
Ability to communicate complex concepts in a professional and concise manner, both verbally and written
Ability to form relationships and work well with others
Experience with GGY AXIS actuarial modeling software
Experience/familiarity with Annuity product concepts
Familiarity with VBA and SQL
Sentinel Security Life Insurance Company is part of the A-CAP family of companies. Sentinel’s home office is in Salt Lake City and A-CAP’s office is in New York City. This role can work in either office location. Sentinel offers very competitive benefits, including a competitive salary, a generous benefits package, and additional benefits specific to the Actuarial Student Program (such as paid study time and automatic raises for passing exams).