Intern Pension Risk Transfer Jobs in Florida (NOW HIRING)

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MSP Owner: Andres Villegas
Location: 3275 Bennett Creek Avenue, Frederick, MD 21701
Duration: 6 months
skill id: 10744483
Role Descriptions: Actuarial Business AnalystBanner 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. This role involves applying actuarial expertise to assess financial risks| support product development| and provide strategic insights to business stakeholders.The Actuary will play a key role in ensuring accuracy in actuarial models| supporting business decision-making| and enhancing overall actuarial processes and governance.Key ResponsibilitiesActuarial Analysis ModelingPerform actuarial analyses related to life insurance products| including oTerm LifeoUniversal LifeoPension Risk Transfer (PRT)Develop| maintain| and validate actuarial models for pricing| valuation| and forecastingAnalyze experience data and trends to support business insights and decision-makingProduct Risk ManagementSupport product design| pricing| and profitability analysisAssess and quantify risks associated with insurance portfoliosProvide recommendations for risk mitigation and business optimizationModel Governance ValidationPerform quality assurance and validation of actuarial models and toolsEnsure models adhere to internal standards and actuarial best practicesMaintain documentation for models and methodologiesBusiness Stakeholder CollaborationPartner with cross-functional teams including oFinanceoInvestmentsoIToProduct and underwriting teamsTranslate technical actuarial concepts into actionable business insightsSupport strategic initiatives and enterprise transformation programsRegulatory Audit SupportAssist in internal and external audit processesEnsure compliance with actuarial standards and regulatory requirementsProvide documentation and explanations for actuarial assumptions and resultsRequired Qualifications ExperienceExperience510 years of actuarial experience in life insuranceStrong background in oActuarial modelingoRisk assessmentoProduct analysisProfessional CredentialsASA (Associate of the Society of Actuaries) requiredFSA (Fellow of the Society of Actuaries) preferredTechnical SkillsExperience with actuarial software oGGY Axis (preferred) or MG-ALFAStrong programminganalytics skills oSQLoPythonoVBAExperience working with large datasets and automation toolsDomain KnowledgeStrong understanding of life insurance products and actuarial principlesKnowledge of modeling methodologies| assumptions| and financial projectionsKey CompetenciesStrong analytical and problem-solving skillsAttention to detail and accuracyEffective communication and stakeholder managementAbility to work collaboratively in cross-functional teamsStrategic thinking and business acumen
Essential Skills: Actuarial Business AnalystBanner 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. This role involves applying actuarial expertise to assess financial risks| support product development| and provide strategic insights to business stakeholders.The Actuary will play a key role in ensuring accuracy in actuarial models| supporting business decision-making| and enhancing overall actuarial processes and governance.Key ResponsibilitiesActuarial Analysis ModelingPerform actuarial analyses related to life insurance products| including oTerm LifeoUniversal LifeoPension Risk Transfer (PRT)Develop| maintain| and validate actuarial models for pricing| valuation| and forecastingAnalyze experience data and trends to support business insights and decision-makingProduct Risk ManagementSupport product design| pricing| and profitability analysisAssess and quantify risks associated with insurance portfoliosProvide recommendations for risk mitigation and business optimizationModel Governance ValidationPerform quality assurance and validation of actuarial models and toolsEnsure models adhere to internal standards and actuarial best practicesMaintain do
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. This role involves applying actuarial expertise to assess financial risks, support product development, and provide strategic insights to business stakeholders.
The Actuary will play a key role in ensuring accuracy in actuarial models, supporting business decision-making, and enhancing overall actuarial processes and governance.
Key Responsibilities
Actuarial Analysis & Modeling
• Perform actuarial analyses related to life insurance products, including:
o Term Life
o Universal Life
o Pension Risk Transfer (PRT)
• Develop, maintain, and validate actuarial models for pricing, valuation, and forecasting
• Analyze experience data and trends to support business insights and decision-making
Product & Risk Management
• Support product design, pricing, and profitability analysis
• Assess and quantify risks associated with insurance portfolios
• Provide recommendations for risk mitigation and business optimization
Model Governance & Validation
• Perform quality assurance and validation of actuarial models and tools
• Ensure models adhere to internal standards and actuarial best practices
• Maintain documentation for models and methodologies
Business & Stakeholder Collaboration
• Partner with cross-functional teams including:
o Finance
o Investments
o IT
o Product and underwriting teams
• Translate technical actuarial concepts into actionable business insights
• Support strategic initiatives and enterprise transformation programs
Regulatory & Audit Support
• Assist in internal and external audit processes
• Ensure compliance with actuarial standards and regulatory requirements
• Provide documentation and explanations for actuarial assumptions and results
Required Qualifications & Experience
Experience
• 5-10+ years of actuarial experience in life insurance
• Strong background in:
o Actuarial modeling
o Risk assessment
o Product analysis
Professional Credentials
• ASA (Associate of the Society of Actuaries) required
• FSA (Fellow of the Society of Actuaries) preferred
Technical Skills
• Experience with actuarial software:
o GGY Axis (preferred) or MG-ALFA
• Strong programming/analytics skills:
o SQL
o Python
o VBA
• Experience working with large datasets and automation tools
Domain Knowledge
• Strong understanding of life insurance products and actuarial principles
• Knowledge of modeling methodologies, assumptions, and financial projections
Key Competencies
• Strong analytical and problem-solving skills
• Attention to detail and accuracy
• Effective communication and stakeholder management
• Ability to work collaboratively in cross-functional teams
• Strategic thinking and business acumen, Project Code :