(Remote) Actuarial Student

 Who we are:

Fidelity Life is a leading provider of financial security for middle market consumers. With a history of innovation, the company is redefining the life insurance industry with patented products and processes. Fidelity Life pioneered the use of predictive analytics to streamline the new business process and revolutionize the speed that policies can be issued. Established in 1896, Fidelity Life enjoys a long track-record of success and continues to build its reputation of sound fiscal management and customer-focused innovation.

In concert with Fidelity Life, eFinancial is an online and call-center-based insurance agency with a proven direct-to-consumer life insurance model. Using a proprietary and patented sales technology platform, eFinancial’s licensed agents help thousands of consumers each day with their unique life insurance needs – often with just a single phone call. To complement this channel, the company recently expanded to offer an entirely digital purchase experience.

Fidelity Life and eFinancial are part of iA Financial Group and are revolutionizing the life insurance industry to make protection more accessible and affordable for everyday Americans. With integrated marketing, product manufacturing, and controlled distribution, the enterprise is uniquely positioned to grow. 

Key Responsibilities:

• Assisting in the computing and reporting FLA policy reserves (stat, tax & other) and supporting information, assuring accuracy of records and controls.


• Helping to maintain all company financial models including cash flow models as well as projection models used to support the modeling of US Statutory and Canadian regulatory standards..


• Validate the source data used as input into various calculations. 


• Assist in the preparation of various reports as required to interpret financial results.


• Perform financial analysis and provide actuarial modeling support on other projects as needed by the Actuarial department including annual state filings, new product implementation and pricing, etc.


• Other duties/projects as assigned.

Qualifications:

• Understanding of developing and maintaining life insurance reserves and related financial accounts.


• Proven ability to meet deadlines and perform multiple functions.


• Ability to effectively work -external parties


• Knowledge of Life Insurance products, operations and systems.


• Ability to work with financial and actuarial information with high integrity of results.


• Undergraduate degree in Business, Finance or Statistics and Actuarial Science.


• Working towards the Associateship of the Society of Actuaries designation.


• Strategic thinking ability combined with an ability to work at a detailed level.

Skills:

• Proficient in Microsoft Windows and Office products, particularly Excel and MS Access.


• Communication

Licenses + Certifications:

Demonstrating progress towards Actuarial Exams

Compensation & Benefits:

We believe in taking care of our employees and their families. We offer a comprehensive benefits package designed to support your health, well-being, and financial future. Here’s a look at what we provide:

• Salary Range: $79,730 - $103,180.00


• Medical Insurance: Choose from a variety of plans to fit your healthcare needs.


• Dental Insurance: Coverage for preventive, basic, and major dental services.


• Employer-Paid Vision: Comprehensive eye care coverage at no cost to you.

• Employer-Paid Basic Life and AD&D Insurance: Peace of mind and additional protection.


• Employer-Paid Short-Term and Long-Term Disability Insurance: Financial support in case of illness or injury.

• 401(k) Plan: Save for your future with a company match to help you grow your retirement savings.


• PTO and Sick Time accrue each pay period: Take time off when you need it

• Annual Bonus Program: Performance-based bonus to reward your hard work.

EEOC/Other: eFinancial/Fidelity Life Association is an equal opportunity employer and supports a diverse workplace.  As an eFinancial/Fidelity Life employee, you will be eligible for Medical and Dental Insurance, Health Savings Accounts, Flexible Spending Accounts (Health, Dependent Care & Transit), Vision Care, 401(K), Short-term and Long-term Disability, Life and AD&D coverages.

#FidelityLifeAssociation #hiring #LI-Remote #IND-Corporate