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| |  Posted 7/14/2008 3:44:47 PM | |
| Supreme Being
Group: Administrators
Last Login: 1/29/2007 9:04:03 AM
Posts: 4,199, Visits: 95 |
| Position: Actuarial Student
Company:Insurance Organization
Location: North Dakota
Job ID: 14587
RESPONSIBILITIES:
- Code new products into actuarial modeling and valuation software with product features and actuarial assumptions outlined by the Actuary.
- Build in force data files needed by the actuarial modeling software to run the quarterly models, including developing the appropriate groupings to ensure a manageable number of cells.
- Test and validate the projected values and other output from the actuarial modeling software.
- Test and validate the statutory, GAAP and tax reserves produced by the valuation software.
- Work with IT staff to develop and test the liability data feeds from the administration systems to the actuarial modeling and valuation software.
- Respond to other Corporate Actuarial needs including transferring results from the actuarial modeling & valuation systems to Excel spreadsheets for financial reporting and analyses: summarizing actuarial valuation-related data for inclusion in monthly reports; creating ALM and other miscellaneous reports
- Participate in the Society of Actuaries examination program with a satisfactory pass record.
QUALIFICATIONS:
- Bachelor Degree in Mathematics, Business or Science as well as a high level of mathematical ability, including a good working knowledge of calculus, linear algebra, probability & statistics and numerical analysis
- One or two actuarial exams preferred
- Ability to research problems and questions and provide recommendations to the requestor
- Strong Personal Computer skills, including TAS and spreadsheets
- Strong communication skills, oral and written
Reference Code:
For this entry level position, Midland National Life Insurance Co is not accepting resumes from recruiting companies. We therefore recommend that you apply directly for this position at Midland National Life Insurance Co. |
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