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Full-Time

Actuarial Associate

Confirmed live in the last 24 hours

Assurant

Assurant

10,001+ employees

Provides risk management and insurance solutions

Financial Services
Consumer Goods

Compensation Overview

$62k - $103.4kAnnually

Entry, Junior

Remote in USA

Category
Insurance
Finance & Banking
Required Skills
SQL
Data Analysis
PowerPoint/Keynote/Slides
Requirements
  • Bachelor’s degree in Mathematics, Actuarial Science, or related field and a minimum of 3 exams completed.
  • Minimum of 2 years of overall experience.
  • Must be pursuing actuarial designation.
  • Minimum of 2 years of progressive responsibilities and related experience in an actuarial role.
  • Has intermediate level of understanding actuarial concepts, insurance product and industry knowledge.
  • Intermediate proficiency in MS Office Applications including Excel, PowerPoint, Word, Outlook, SharePoint. Advanced to Expert proficiency to various data repository platforms (SAS/SQL/etc.).
Responsibilities
  • Ability to review requirements and provide essential details for internal and external inquiries and ad hoc requests as directed by manager.
  • Demonstrates thorough understanding of data and systems, including inefficiencies, through analysis of trends. Reconciles data to source systems, including adjustments for manual processes.
  • Gathers information from internal departments and complete reports and analysis as directed; solicits feedback on improvements to reporting and communications.
  • Assists with collecting data and responding to inquiries from state insurance departments, auditors, and internal (finance, accounting, regulatory, IT, etc.) areas regarding business processes and gaps.
  • Identifies system and data inefficiencies; implement resolutions as directed.
  • Effectively support requests timely, ensuring with manager that requests are aligned with responsibilities.
  • Implements solutions to translate financial projections into business metrics.
  • Actively manages self-development. Participates in cross-training and knowledge information sharing within team to accomplish goals.
  • Takes actuarial exams in pursuit of professional designation.

Assurant provides risk management solutions that focus on protecting major consumer purchases, particularly in mobile devices, electronics, and smart technology. The company offers insurance products and extended service contracts that help consumers safeguard their investments in high-value items. When a product is damaged or malfunctions, Assurant also provides repair services to restore it efficiently. This approach minimizes the financial impact of unexpected events for individual consumers, businesses, and financial institutions. Assurant differentiates itself from competitors by its strong commitment to diversity, equity, and inclusion, which enhances its understanding of a diverse customer base. The company's goal is to create an inclusive environment while delivering comprehensive protection and support for consumer purchases across various global markets.

Company Stage

IPO

Total Funding

N/A

Headquarters

New York City, New York

Founded

N/A

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • Strategic acquisitions like iSmash and American Financial & Automotive Services enhance Assurant's market position and service capabilities.
  • The company's global presence in North America, Europe, and Asia provides significant growth opportunities and market diversification.
  • Assurant's focus on DEI not only promotes a positive work environment but also attracts top talent and broadens its customer base.

What critics are saying

  • The highly competitive nature of the insurance and service contract markets could pressure Assurant's margins and market share.
  • Integration challenges from recent acquisitions may lead to operational inefficiencies and distract from core business activities.

What makes Assurant unique

  • Assurant's specialization in mobile devices, electronics, and smart technology sets it apart from traditional insurance providers.
  • The company's comprehensive service model, which includes insurance, extended service contracts, and repair services, offers a one-stop solution for consumer protection.
  • Assurant's strong commitment to diversity, equity, and inclusion (DEI) fosters a corporate culture that drives innovation and better customer understanding.

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