Actuarial Associate, Retirement Insurance
PlanGap is seeking to hire a strategic position of an Actuarial Associate. The Actuarial Associate position affords an immediate opportunity to apply analytical, problem-solving, communication and technology skills contributing to the development of solutions to challenging client issues. The Associate will have access to and work under the guidance and mentoring of talented senior level staff and will work independently and on teams to research and develop retirement insurance products to serve a broad range of clients. The Associate is encouraged to engage in continual learning and development activities with the goal to advance to higher-level positions and will be supported in pursing progress toward actuarial accreditation.
The Actuarial Associate is responsible for the completion of actuarial valuations for innovative and cutting-edge retirement insurance products under the supervision of experienced actuaries. This may include all aspects of retiree health valuations, as well as special retiree health studies and projects. Projects include but may not be limited to valuation activities and special project work addressing a myriad of unique and emerging retirement plan issues posed by client organizations, as well as reconciling plan participant data, analyzing financial statements, creating and updating valuation programs and spreadsheet applications, and preparing reports with the support of experienced actuaries. Key responsibilities include but may not be limited to:
- Researching and gathering information;
- Reviewing and analyzing work products including plan data and financial statements;
- Providing input to the development of solutions;
- Creating and updating valuation programs and spreadsheet applications;
- Assisting with report preparation and government filings and,
- Working with senior actuary and consultant staff to support their effective presentation of work product to internal and external groups.
Bachelor’s degree in Mathematics, Statistics, Actuarial Science or Electronic Engineering; plus 3 years of retirement plan actuarial experience within a consulting and/or insurance company environment (retiree health experience a plus); Specific skills/other requirements (quantitative experience requirement not applicable to this section) – must possess excellent time management and communication (oral and written) skills, detail-oriented, strong interpersonal skills, proficiency in using Microsoft Office Suite, as well as the ability to thrive in a fast paced environment with multiple deadlines.
Submit cover letter and resume to [email protected] with subject line Actuarial Associate
Number of Openings: 1
Potential Salary: $75,000
Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).
Benefits: 401(k), Health insurance, Paid time off
Schedule: Monday to Friday
Work Location: One location with occasional (25-30%) travel.
Job Location: Atlanta, Georgia 30004
Who We Are:
PlanGap is a vertically integrated financial services firm dedicated to the mitigation of public-policy and retirement related risk.
Our firm has designed and developed a suite of PlanGap “trigger‐based” annuity and life insurance products to solve the fundamental retirement concern of broken promises. For the first time in history, Americans will be able to hedge the promises that have been made to them in an efficient and cost-effective manner.
PlanGap is committed to building a purpose-driven and inclusive culture that energizes our people. Our employees work every day to help build a more confident future for America’s current and future retirees.
PlanGap is a proud Equal Employment Opportunity employer dedicated to attracting, retaining, and developing a diverse and inclusive workforce. All qualified applicants will receive consideration for employment at PlanGap without regards to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.
PlanGap maintains a drug-free workplace.