Simplify Logo
Western & Southern Financial Group

Western & Southern Financial Group

Provides personalized financial solutions and guidance

Associate Actuary

Full-TimeDeadline 8/1/27
No salary listed
Mid
Bachelor's
Cincinnati, OH, USA
In Person

About the job

Requirements
  • A Bachelor's degree in mathematics or a related field is required.
  • Proven mastery of the responsibilities and competencies of the Assistant Actuary position.
  • Demonstrated creativity, judgment, decisiveness, problem-solving skills, and time management skills, with work examples identifying complex problems, quantifying them, and providing creative resolutions.
  • Proven ability to work under multiple deadlines with minimal supervision, including examples of organizing and completing projects with little or no direction.
  • Expertise in spreadsheet, database, and mainframe applications.
  • Proficiency in word processing.
  • Proficiency in actuarial software packages used for valuation, including ARCVAL; experience studies, including ARCBase; and pricing and projections, including MG-ALFA.
  • Membership in the American Academy of Actuaries (MAAA) is required upon hire.
  • Associate of the Society of Actuaries (ASA) designation is required upon hire.
  • Active pursuit of FSA or another insurance industry designation, such as FLMI or CLU, is required upon hire.
  • Ability to verbally communicate and exchange accurate information with customers and associates.
  • Visual acuity to read and interpret correspondence, procedures, reports, and forms, including electronic documents and small defects or parts, and to operate or inspect machinery using measurement devices.
  • Ability to prepare written correspondence, reports, and forms using prescribed formats and correct punctuation, grammar, diction, and style.
  • Ability to apply logical thinking to define problems, collect data, establish facts, and draw valid conclusions.
  • Ability to perform substantial continuous wrist, hand, and finger movement for computer work.
  • Ability to work extended hours during peak workloads or special projects or events.
Responsibilities
  • Develop actuarial and mathematical models, determine assumptions used within models, and communicate model results.
  • Support other departments in understanding technical concepts and improving operational efficiency.
  • Understand the goals and perspectives of Insurance Operations, Information Technology, Filing and Compliance, Corporate Accounting and Planning, senior management, industry rating agencies, and state insurance departments.
  • Understand Western & Southern Financial Group products, markets, marketing strategies, and each business unit's goals and perspectives.
  • Apply actuarial and accounting principles, including STAT and GAAP valuation concepts, DAC amortization, and RBC.
  • Propose creative compromises among accuracy, precision, and deadline requirements.
  • Develop rapport and trust with company departments to determine mutually acceptable solutions to problems.
  • Provide actuarial and mathematical modeling tools, information, and analysis to assess product profitability and risk, asset/liability management, contract holder behavior, expenses, reserves, taxes, and other risk areas.
  • Provide solutions to problems encountered when implementing products and financial reporting systems.
  • Design reports to obtain data for product development, cash-flow testing, financial reporting, forecasting, valuation, and other reporting requirements.
  • Assist with product design.
  • Prepare criteria lists to test administrative and illustration systems.
  • Write actuarial memorandums and certifications required for filing new products, valuation, and reserve adequacy, and answer questions from state insurance departments.
  • Develop in-depth understanding of project topics to apply appropriate methods and analysis to current and future projects while meeting deadlines.
  • Document projects in writing according to established guidelines.
  • Comply with standards declared by the Actuarial Standards Board and other applicable bodies, including the SEC and Accounting Standards Board, as well as state and federal regulations.
  • Perform other assigned duties.
  • Comply with all policies and standards.
  • Work in an office setting while remaining stationary for extended periods at a desk, computer, standard office equipment, or meetings.

About the company

Western & Southern Financial Group

Western & Southern Financial Group

View

Western & Southern Financial Group helps individuals and middle-market clients manage financial needs through personalized, face-to-face guidance. Western & Southern Life sales representatives assess goals and tailor solutions like life insurance within an agency-based system supported by mentors and managers. The firm translates complex financial concepts into practical plans focused on protection, savings, and retirement, backed by a long heritage dating to 1888. Its goal is to provide clear, stable guidance and ongoing support through a relationship-driven, professional team.

Company Size

1,001-5,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Cincinnati, Ohio

Founded

1888

Get referred to Western & Southern Financial Group

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • April 27, 2026 Till acquisition expands direct-to-consumer family banking immediately.
  • March 31, 2026 assets reached $132.3 billion, supporting acquisition capacity.
  • Fidelity’s IncomePoint distribution keeps Western & Southern inside employer retirement plans.

What critics are saying

  • The 2025 overtime class action targets Western-Southern and Eagle Realty’s payroll practices.
  • Armstrong v. Western & Southern shows repeated employee-benefit litigation pressure in 2026.
  • Till integration failure wastes capital and distracts management from core insurance profitability.

What makes Western & Southern Financial Group unique

  • 1888 Cincinnati mutual heritage and seven life subsidiaries anchor trust.
  • $132.3 billion in assets and managed assets signal scale and staying power.
  • Till Financial adds digital family banking to Western & Southern’s family-focused portfolio.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Flexible Work Hours

Performance Bonus

Company News

The Business Journals
May 1st, 2026
Western & Southern acquires fintech firm in first deal since 2022

Western & Southern has completed its first acquisition since 2022, purchasing a fintech firm to expand Gerber Life Insurance's family-focused offerings. The deal marks the company's return to acquisition activity after a two-year pause. Western & Southern indicated it has sufficient capital to pursue additional acquisitions when suitable opportunities emerge. The transaction strengthens the insurer's position in the family insurance market through enhanced technology capabilities.

Benzinga
Apr 27th, 2026
Western & Southern Financial Group acquires Till Financial to expand into digital family banking

Western & Southern Financial Group has acquired Till Financial, a fintech platform focused on digital family banking, marking a significant expansion into consumer financial services. The acquisition adds to Western & Southern's portfolio of family-focused brands, including Gerber Life Insurance and Fabric Technologies. Founded in 2018, Till provides a family banking platform featuring a mobile app and debit card with parental controls, automated allowances, shared savings goals and fraud protection. The platform helps families teach children financial literacy through hands-on money management. The deal advances Western & Southern's direct-to-consumer strategy and diversifies its offerings beyond traditional insurance products. Western & Southern, founded in 1888, serves 6.3 million customers and manages $132.3 billion in assets as of March 2026. Financial terms were not disclosed.

PR Newswire
Apr 27th, 2026
Western & Southern Financial Group Acquires Till Financial, Expanding into Digital Family Banking Services and Investing in the Next Generation

/PRNewswire/ -- Western & Southern Financial Group, a leading financial services company serving more than six million customers with insurance, retirement and...

FinSMEs
Jul 16th, 2025
Retirable Raises $10M in Series A Funding

Retirable, a NYC-based holistic retirement platform provider, raised $10m in Series A funding

The Cincinnati Enquirer
Aug 9th, 2024
Cincinnati-based company listed among the best for high school grads to start careers

Cincinnati-based Western & Southern was No. 48 of the top 50 companies listed on the report.