Note: The job is a remote job and is open to candidates in USA. Penn Mutual is a company that has empowered individuals, families, and businesses for over 175 years. They are looking for an Actuarial Analyst to gain hands-on experience across multiple actuarial disciplines while progressing toward the FSA designation, involving analytical work and collaboration across teams.
Responsibilities
- Use basic actuarial techniques to perform data validation and analysis
- Assist in analyzing actuarial research and audits
- Conduct basic to moderately complex actuarial tasks, which are mathematical and/or higher level clerical nature
- Compile and categorizes routine data for experience analyses and prepares related reports
- Assist in preparing schedules of statistics, financial statements, premiums, reserves and benefits, documenting and verifying the factors used in related computations
- Assist in the development of presentations to management and external parties such as regulators and rating agencies
- Active team member accountable for working towards shared goals and objectives
- Provide support and data analysis needed for departments such as Accounting, Claims, and Product Management
- Comply with all company and site policies and procedures
- Responsible for adherence to the company’s framework of internal controls
- Work collaboratively and may participate on or lead project teams
- Identify, recommend and implement ongoing process improvements
- Perform various other related duties, assignments and special projects as assigned
- Assist with the design and pricing of new products and pricing, reserving, or research reviews for assigned products
- Address policyholder service requests, including in-force illustration
Skills
- Bachelor's Degree major/concentration in Actuarial Science, Mathematics or related discipline required
- 0-3 Years of experience required and/or past internship experience
- One exam toward the eventual attainment of ASA required
- Committed to pursuing the FSA designation
- Good interpersonal skills
- Strong analytical, problem solving and critical thinking skills
- Must be detail-oriented and be able to handle multiple tasks/projects as well as exercise initiative and follow-through to meet deadlines
- Excellent written and verbal communication skills
- Ability to establish and sustain positive relationships
- Ability to make a positive contribution as demonstrated by learning new skills and making suggestions for process/procedure improvement
- Ability to work with others in a collaborative team environment
- Life or Annuity pricing or valuation or modeling experience preferred
Company Overview
Penn Mutual helps individuals and families do more in life by creating solutions that deliver the complete value of life insurance. It was founded in 1847, and is headquartered in Philadelphia, Pennsylvania, USA, with a workforce of 1001-5000 employees. Its website is https://www.pennmutual.com/.Company H1B Sponsorship
Penn Mutual has a track record of offering H1B sponsorships, with 9 in 2025, 3 in 2024, 3 in 2023, 12 in 2022, 9 in 2021, 6 in 2020. Please note that this does not guarantee sponsorship for this specific role.
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