Sr. Actuarial Assistant, Actuarial Development Program HYBRID

When you join the team at Unum, you become part of an organization committed to helping you thrive.

Here, we work to provide the employee benefits and service solutions that enable employees at our client companies to thrive throughout life’s moments. And this starts with ensuring that every one of our team members enjoys opportunities to succeed both professionally and personally. To enable this, we provide: 

• Award-winning culture 

• Inclusion and diversity as a priority 

• Performance Based Incentive Plans

• Competitive benefits package that includes: Health, Vision, Dental, Short & Long-Term Disability 

• Generous PTO (including paid time to volunteer!) 

• Up to 9.5% 401(k) employer contribution 

• Mental health support 

• Career advancement opportunities 

• Student loan repayment options 

• Tuition reimbursement

• Flexible work environments 

*All the benefits listed above are subject to the terms of their individual Plans.

And that’s just the beginning…

With 10,000 employees helping more than 39 million people worldwide, every role at Unum is meaningful and impacts the lives of our customers. Whether you’re directly supporting a growing family, or developing online tools to help navigate a difficult loss, customers are counting on the combined talents of our entire team. Help us help others, and join Team Unum today! 

General Summary:This is an intermediate level position, which requires increasing technical expertise and decision making. This individual will be able to independently identify trends/issues and will successfully contribute in project work primarily within the functional area. The role may still require some support from manager/mentor on more complex analysis Minimum qualifications include passing 4 actuarial exams and having a minimum of 12 months relevant experience. There are no direct reports associated with this position.

Principal Duties and Responsibilities

Prepare and analyze intermediate to complex data for use in actuarial experience studies, valuation, or pricing projects

• Provide significant support for development of pricing and underwriting tools and provide increasing support for helping others understand underwriting case specific issues by answering technical question
• Develop reserve factors, analyze reserves and monitor reserve changes
• Develop experience analysis reviews
• Support maintenance of valuation system
• Support preparation of financial reports, tax returns and state filings as needed
• Contribute to product development and repricing initiatives
• Begin working with product, underwriting, compliance, risk management, investments and other areas on specific initiatives; communicate project status within functional area
• Prepare intermediate to complex reports
• Demonstrate commitment to career development and growing financial acumen by pursuing actuarial credentials and membership in the Society of Actuaries
• Continuous assessment of established training and work processes to identify areas for effectiveness and efficiency improvements. Contributes to operating effectiveness through information sharing, suggested process improvements and effective implementation of change
• Communicate trends and issues identified and proactively recommend resolutions to management
• Work on and/or lead special projects that require actuarial research and analysis which may involve partnering with other business areas both in and out of finance.
• Maintain and continue to build on a specialized working knowledge of the company operations, systems and in the actuarial discipline
• May serve as informal leader/mentor to more junior level peers as well as training interns
• May perform other duties as assigned

Job Specifications

• Bachelors Degree required
• Credit for at least four exams
• 1-2+ years of hands-on experience and in-depth knowledge of business analysis, pricing, valuation, ALM or corporate experience
• Strong problem solving ability and developing project management skills
• Hands on experience with current technology (excel, one programming language, plus mainframe systems or database utility)
• Solid written and verbal communication skills
• Demonstrated leadership ability

Unum and Colonial Life are part of Unum Group, a Fortune 500 company and leading provider of employee benefits to companies worldwide. Headquartered in Chattanooga, TN, with international offices in Ireland, Poland and the UK, Unum also has significant operations in Portland, ME, and Baton Rouge, LA - plus over 35 US field offices. Colonial Life is headquartered in Columbia, SC, with over 40 field offices nationwide.

The base salary range for applicants for this position is listed below. Unless actual salary is indicated above in the job description, actual pay will be based on skill, geographical location and experience.

$73,300.00-$150,500.00

Additionally, Unum offers a portfolio of benefits and rewards that are competitive and comprehensive including healthcare benefits (health, vision, dental), insurance benefits (short & long-term disability), performance-based incentive plans, paid time off, and a 401(k) retirement plan with an employer match up to 5% and an additional 4.5% contribution whether you contribute to the plan or not. All benefits are subject to the terms and conditions of individual Plans.

Company:

Unum