Actuarial Business Analyst

Prophecy Technologies

$90K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5-10+ years of experience in life insurance actuarial roles.
  • Strong expertise in actuarial modeling, risk assessment, and product analysis.
  • ASA certification is a must; FSA is a bonus.
  • Familiarity with GGY Axis or MG-ALFA actuarial software is preferred.
  • Proficiency in SQL, Python, and VBA for analytics and programming.

Responsibilities

  • Perform actuarial analyses specifically for life insurance products.
  • Develop and maintain actuarial models for pricing and valuation.
  • Validate models to ensure accuracy and reliability in forecasting.
  • Analyze experience data and trends to inform business decisions.
  • Support design and pricing of new products while evaluating profitability.
  • Assess and quantify risks linked to insurance portfolios.

Benefits

  • Comprehensive health coverage including medical, dental, and vision.
  • Retirement savings plan with employer matching contributions.
  • Flexible work arrangements to promote work-life balance.
  • Professional development opportunities to enhance skills and qualifications.
Full Job Description
Role Overview:

Banner Life (part of the Legal & General America family) is seeking a skilled Actuary to support actuarial modeling, valuation, and risk analysis across life insurance products.

Key Responsibilities:
  • Perform actuarial analyses related to life insurance products
  • Develop, maintain, and validate actuarial models for pricing, valuation, and forecasting
  • Analyze experience data and trends to support business insights and decision-making
  • Support product design, pricing, and profitability analysis
  • Assess and quantify risks associated with insurance portfolios

Required Skills:
  • 5-10+ years of actuarial experience in life insurance
  • Strong background in actuarial modeling, risk assessment, and product analysis
  • ASA (Associate of the Society of Actuaries) required
  • FSA (Fellow of the Society of Actuaries) preferred
  • Experience with actuarial software: GGY Axis (preferred) or MG-ALFA
  • Strong programming/analytics skills: SQL, Python, VBA

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