Job Listings

Actuarial Assistant (Hybrid)

3700 S. Stonebridge Dr., McKinney, Texas
Job number: 15463

Job Description:

Actuarial Assistant (Hybrid)

Primary Duties & Responsibilities

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.

This position will be a member of the Direct to Consumer Actuarial team which is responsible for delivering metrics and analysis to company management. The Globe Life Direct to Consumer business is one of the largest providers of direct-to-consumer life insurance products in the industry. Specific duties include the review, analysis and projection of profitability results including the creation and distribution of exhibits and reports that describe and explain trends to management. Projections of profitability require the use of data and database and analysis tools.

The ideal candidate will maintain a positive and supportive attitude and develop strong working relationships both inside and outside of the Actuarial Department.

  • Produce reports showing actual experience and profitability projections
  • Monitor the experience of the life insurance policies in relation to the actuarial assumptions.
  • Propose revision of lapse and mortality assumptions.
  • Maintain the database of actuarial assumptions.
  • Develop, update, and maintain computer applications, systems, and processes.
  • Support the manager in various ad hoc projects.

 

Required Skills

  • Strong analytical and mathematical skills.
  • Knowledge of actuarial mathematics
  • Positive attitude and inquisitive nature.
  • Strong oral and written communication skills.
  • Ability to work effectively both individually and in a team environment.
  • Accuracy and attention to detail.

Applicable to all employees of Globe Life and its subsidiaries:

  • Reliable and predictable attendance of your assigned shift.
  • Ability to work full time and/or part time based on the position specifications.

 

Required Knowledge & Experience

  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field required.
  • Track record of success on actuarial exams.

Desired Skills:

  • Software: MS Excel, MS PowerPoint, Tableau.
  • Familiarity with databases
  • Programming skills.

Location: 3700 S. Stonebridge Dr., McKinney, Texas

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 health 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. Company contributes to HSA.

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.