Actuarial Analyst 2

What You Can Expect In This Role

We are seeking a detail-oriented and analytical problem solver to join our Life Product Support team, supporting the implementation and ongoing maintenance of life insurance products.

• Analyze and validate life insurance product calculations, helping ensure accurate implementation and administration of product features.
• Investigate complex issues and collaborate with business and technology partners to identify solutions, support testing, and improve product functionality.
• Bonus: Experience with life insurance products, product implementation, illustration systems, or the FAST policy administration platform will be highly regarded.

As an Actuarial Analyst 2, you will provide technical and analytical support for life insurance product implementation and ongoing maintenance. You will develop and use calculation tools to validate system results, investigate discrepancies, and support product testing and benchmarking. Working closely with actuarial analysts, product professionals, technology teams, and external partners, you will help ensure that product features and calculations function as intended. You will also contribute to process improvements and have opportunities to expand your knowledge of life insurance products, policy administration systems, and product configuration.

What You'll Do In This Role

• Develop a thorough understanding of actuarial-related concepts, life insurance product features, calculation requirements, and relevant business processes. Apply this knowledge to support product implementation, testing, and ongoing maintenance.
• Create, maintain, and enhance calculation spreadsheets and other analytical tools used to validate product calculations and system-generated values. Ensure accuracy, efficiency, and appropriate documentation.
• Analyze product calculations and system results, investigate discrepancies, perform reasonableness checks, and communicate findings and recommended solutions to stakeholders.
• Support product testing and benchmarking activities to validate that system functionality aligns with product specifications and calculation requirements.
• Collaborate with actuarial, product, technology, and external partners to research issues, troubleshoot unexpected system behavior, and support timely resolution.
• Participate in Agile team activities, including planning, story refinement, stand-ups, and other meetings supporting product development and implementation.
• Develop and maintain effective working relationships with internal and external stakeholders, communicating technical information clearly and effectively.
• Identify and recommend opportunities to improve analytical tools, testing processes, and operational efficiency.

What We're Looking For

• Bachelor's Degree in Mathematics, Computer Science, Business or equivalent Preferred
• Minimum 2-3 years' work experience in data analytics; background in life insurance or annuities preferred
• Strong mathematical ability, analytical skills, attention to detail, and problem-solving capabilities.
• Proficiency with Microsoft Excel, including the ability to develop and maintain complex calculation spreadsheets.
• Familiarity with Microsoft Access, Word, Visual Basic, or macros desirable.
• Strong written and verbal communication skills.
• Ability to research complex issues, interpret results, and communicate findings and recommendations.
• Natural curiosity and motivation to learn life insurance products, actuarial concepts, and policy administration technology.
• Ability to work both independently and collaboratively with cross-functional teams.
• Strong organizational skills, with the ability to manage multiple priorities and meet deadlines.
• Flexibility and adaptability in a changing business and technology environment.

Other Requirements

• Criminal background check required.

Salary Range Information

USD $49,628.00 - USD $103,391.00 /Yr. Range includes data points from multiple labor markets. Specific range is dependent on the labor market where the incumbent will be hired to perform the position. Starting salary is dependent on candidate qualifications and experience. For a narrower salary range specific to your labor market, please inquire.
What you can expect when you join Sammons Financial Group

• Comprehensive health coverage for you and your family, including Medical, Dental, Vision, HSA & FSA options, and term life insurance.
• Competitive compensation with a performance-based incentive program tied to clear goals and individual and/or company success.
• Invest in your future with our 100% company-funded Employee Stock Ownership Plan (ESOP), plus automatic enrollment in our 401(k).
• Work–life balance that means something. Friday afternoons off year-round, generous paid time off, and paid holidays.
• Commit to your growth with paid development time, tuition reimbursement, and professional development opportunities across industry, individual, and leadership programs.
• Make an impact beyond the workplace through volunteer time off, and our company nonprofit matching gift program, supporting the causes that matter most to you.
• An ownership culture that inspires; join a connected, values-driven workplace where employees take accountability, support one another, and are empowered to do their best work—together shaping our future shared success.

Work Authorization/Sponsorship

At this time, we’re not considering candidates that need any type of immigration sponsorship now or in the future or those needing work authorization for this role (This includes, but is not limited to students on F1-OPT, F1-CPT, J-1, etc.)
Additional Information

Sammons Financial Group Is An Equal Opportunity Employer
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, or any other characteristic protected by applicable law.

ADA
Sammons Financial Group is committed to providing reasonable accommodations to qualified individuals with disabilities in all aspects of the employment process. If you need assistance or a reasonable accommodation at any stage of the application or hiring process, including navigating our website or applying for a position, please contact [email protected] or call 800-728-2987.

E-Verify
Sammons Financial Group participates in E-Verify and will provide the Social Security Administration and, if necessary, the Department of Homeland Security with information from each new employee's Form I-9 to confirm work authorization.

Policy for External Search Firms and Agencies
Sammons Financial Group maintains an internal Talent Acquisition function and does not accept unsolicited resumes or candidate submissions from search firms, staffing agencies, or other third-party recruiting vendors. Please review our Recruitment Agency Policy for additional information here.