Job Listings

Actuarial Intern

3700 S. Stonebridge Dr. McKinney, Texas
Job number: 4441

Job Description:

Actuarial Intern

Primary Duties & Responsibilities

JOB SUMMARY:

The Actuarial Department is responsible for supporting and enhancing sustainable growth of both sales and profits while managing the risks and safeguarding the solvency of Globe life.  Actuaries are involved in life and health insurance product design, development and implementation, and the ongoing financial management of the enterprise.

Each Actuarial intern will join one of the Actuarial Department groups and be involved in a combination of their duties and responsibilities. Ideally, the intern will already have a basic knowledge of the tools before the internship starts but, in any case, it is expected that the intern will get deeper knowledge of a few tools while working.

PRIMARY DUTIES & RESPONSIBILITIES

  • Creation of an agent analytics process that reads data from several sources, produces reports of the results, and allows to draw conclusions.
  • Migration of processes from SQL server to the cloud and validation of the results.
  • Development of dashboards presenting financial results.
  • Creation of exhibits from valuation data for filling with state departments.
  • Testing and validation of valuation models.
  • Creation and validation of a pricing model.
  • Creation of a profitability report from pricing model.
  • Pricing of life insurance products.

 

 

 

Required Skills

Knowledge, Skills, & Abilities:

Required:

  • Positive attitude and inquisitive nature
  • Strong verbal and written communication skills
  • Ability to work effectively both individually and in a team environment
  • Accuracy and attention to detail
  • Reliable and predictable attendance of your assigned shift 
  • Ability to work Full-Time and/or Part-Time based on the specific position for which you're applying

Desired:

  • Strong analytical and mathematical skills
  • Knowledge of actuarial mathematics
  • Software: MS Excel, Tableau, PolySystems
  • Familiarity with Databases
  • Programming skills

Required Knowledge & Experience

Education required

  •  Completed two years toward bachelor’s degree in Actuarial Science, Mathematics, Data Science, Programming, or related field.

 

Location: 3700 S. Stonebridge Dr. McKinney, Texas

Apply Now

Current employees apply here.

Savings and Investment Plan (401K) - Eligible employees may begin participating in the plan on the first day of employment.

Pension Plan - Eligible employees who complete one year of service with the Company become participants in the Pension.* (Not available to Cleveland Employees)

Medical - Benefits are available to all eligible employees and qualified dependents the first of the month following 30 days of continuous service.

Dental** and Vision - Eligible employees and qualified dependents are able to enroll the first of the month following 30 days of continuous service.

Flexible Spending Accounts (FSA) - Our FSA has two components, Health Care and Dependent Care Accounts. These accounts allow employees to set aside a portion of their earnings on a pre-tax basis to cover out-of-pocket medical and dependent care expenses. Participation is elected on a calendar year basis and is available to all eligible employees the first of the month following the completion of 30 days of continuous service.

Health Savings Accounts (HSA) - A pre-tax Health Spending Account (HSA) is offered to those who enroll in the High Deductible Plan. It allows you to pay for many of the health care expenses not covered by your medical plan including deductibles and co-pays. Participation is elected on a calendar year basis and is available to all eligible employees the first of the month following the completion of 30 days of continuous service. Company contribution to HSA ($4500 family, $2500 single plans)

Short-Term Disability - Eligible employees may be entitled to salary continuance during periods of temporary disability. Benefits are based on employee status and years of service.*

Group Life and Long-Term Disability** - Eligible employees may elect life insurance and long-term disability coverage the first of the month following 30 days of continuous service.

Vacation and Paid Holidays - Employees are eligible for vacation upon the completion of six months of employment. In addition, the Company offers eight paid holidays.

Education Assistance - The Company supports employees who wish to continue their education to secure increased responsibility and growth within their professional careers. We offer a reimbursement program for expenses incurred through approved institutions of learning. In addition, Fellow, Life Management Institute (FLMI) and International Claim Association (ICA) program courses are offered after the completion of six months of services at no cost to the employee.

Fitness Reimbursement - Eligible employees are able to receive up to 100% reimbursement for monthly dues (employee only).

Supplemental Plans** - Cancer, Heart/Stroke, Accident.

*Please note, some benefits may vary by subsidiary. Please be sure to clarify with the Human Resources Department.
**Company paid benefit

Do I have to apply for every job that I am interested in? - Yes. Though our Talent Acquisition Team searches our database for qualified candidates, the only way to ensure that we know what position is of interest to you is if you apply for it directly.

Now that I've applied, what happens? - You will receive an immediate response from our system. Someone from our Talent Acquisition Team will review your qualifications and skills. If you're a good fit, we'll contact you to conduct an initial interview by phone, followed by assessment testing and an in person interview(s).

How do I get the contact information of the hiring manager for the job I am interested in? - It is our policy not to give contact information to external applicants. If, after you apply, it is determined that your skills and qualifications match our hiring needs, you will be contacted directly for an interview by someone on our Talent Acquisition Team.

I've been interviewed, what's next? - If selected, we'll extend a conditional offer. Then, pending a successful background check and drug screen, we'll confirm a start date.

The Whole Globe

Globe Not only is it in our name, it’s in our hearts. Our Company thrives off of diversity and has created a culture focused on inclusivity. These two components are the pillars of our foundation and the guiding principles that build our employees and leaders.

No Ceiling

SmileThe insurance industry may be traditional, but Globe Life has been, is, and always will be dedicated to building an inclusive, sustainable, and inspiring environment that does not have a ceiling on growth.