Actuarial Associate I

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Job PurposeUnder direction, responsible for routine actuarial processes and projects in product development, financial modeling, financial reporting, risk analysis, or data analysis assignments, as applicable. Performs activities related to the application of actuarial principles for insurance/finance.Essential Responsibilities

• Develops an understanding of Jackson’s insurance products.
• Learns the functionality of actuarial tools used for modeling cash flows, manipulating data, and/or analyzing data.
• Actively participates in small team meetings.
• Manages own time to meet defined deadlines.
• Communicates with peers and manager, orally and in writing, using such tools as email and Microsoft Teams.
• Follows guidance for implementing changes to the coding and structure of actuarial tools, as assigned.
• Completes processes for production of actuarial output, such as calculated reserves, cash flow projections, product pricing, experience data, etc.
• Follows procedures and execute controls for production processes.
• Studies material and sits for actuarial exams in accordance with the Education Program.

Other Duties

• Performs other duties and/or projects as assigned.

Knowledge, Skills and Abilities

• Ability to apply introductory actuarial concepts to work product.
• General knowledge of insurance products.
• Intermediate knowledge of Excel and basic programming experience.
• Ability to follow defined processes for updating and running actuarial models or programs.
• Ability to effectively communicate with manager and team members verbally and in written form.
• Ability to work on multiple projects with shifting priorities and meet deadlines.
• Sense of urgency and excellent follow through.
• Ability to apply creativity and deductive reasoning to solve problems.
• Ability to analyze and validate own work product.

Qualifications

• Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics, Computer Science, or related field of study required.
• 1+ years actuarial experience preferred.
• Successful completion of 3 Society of Actuaries (SoA) exams required.
• Continuing efforts to pass SoA courses to obtain ASA designation required or FSA designation preferred.

We don't just accept difference - we celebrate it, we support it, and we thrive on it for the benefit of our employees, our products and our community. Jackson is proud to be an equal opportunity workplace. The Company subscribes to and endorses federal and state laws and regulations relating to equal employment opportunity for all persons without regard to race, color, religion, gender, age, national origin, legally-recognized disability, marital status, legally-protected medical condition, citizenship, ancestry, height, weight, sexual orientation, veteran status, or any other factor not related to the needs of the job. The Company is committed to a policy of equal opportunity. Company facilities and campuses are tobacco-free environments.