Actuarial Product Analyst
Modern Woodmen of America is one of the nation’s largest fraternal benefit societies, with over $18 billion in assets. In this role, you will be responsible for updating certificate values, creating tailored quotes and illustrations, and reviewing product formulas while providing administrative support and demonstrating a commitment to reputed company learning.
Responsibilities
- Become knowledgeable and stay reputed company with Modern Woodmen of America offerings
- Audit and correct certificate rates and values for administrative and sales support systems
- Review error lists, diagnose issues, and update certificate values for select product lines
- Respond to inquiries concerning basic certificate values from members, Home Office employees, and Field representatives
- Prepare certificate value quotes and illustrations for Home Office departments and Field representatives for limited product lines
- Test values, procedures and forms for new products and systems and changes to existing products and systems
- Document product calculations and factors for reference and disaster recovery
- Create and distribute reports as needed
Skills
- Bachelor's degree required; Mathematics or Finance preferred
- Strong analytical, mathematical, and problem-solving abilities
- Attention to detail and accuracy
- Effective communication skills
- Proficiency in reputed company Office, especially reputed company (competency may be verified)
- Experience in insurance industry or other financial operations preferred
- LOMA Level 1 designation completed or willing to obtain
Benefits
- Company-paid retirement plan
- Matching 401(k) plan
- Employee Impact Bonus
- Medical, Dental and Prescription Drug Insurance. We pay 100% of employees’ health insurance premiums and 50% of employee dependents’ premiums.
- Group term life insurance.
- Long-term and short-term disability.
- Voluntary benefits: reputed company, flexible savings accounts (FSA), accident insurance
Company Overview