At Globe Life, we are committed to empowering our employees with the support and opportunities they need to succeed at every stage of their career. We take pride in fostering a caring and innovative culture that enables us to collectively grow and overcome challenges in a connected, collaborative, and mutually respectful environment that calls us to help Make Tomorrow Better.
Role Overview:
Could you be our next Actuarial Assistant? Globe Life is looking for an Actuarial Assistant to join the team!
This role is responsible for supporting and enhancing sustainable growth of both sales and profits while managing the risks and safeguarding the solvency of Globe Life.
This is a hybrid position located in McKinney, TX (WFH Monday & Friday, In Office Tuesday-Thursday).
What You Will Do:
- Support of Enterprise Strategy, including financial analytics, industry insights & economics, trend analytics, detailed claim review, and market analytics/competitive intelligence.
- Develop pricing assumptions used to produce premium rates for existing and new products through experience studies, including claims costs, persistency, lapses, and morbidity.
- Calculate appropriate premium levels and rating structures for new and existing insurance products.
- Provide rate increase recommendations, prepare exhibits, and draft objection responses in support of rate filing activities.
- Document analytical, rate filing, and formal actuarial reporting for internal and external business partners, including sales/underwriting, valuation, marketing, and state/federal agencies.
- Oversee data collection, cleaning/validation, development of data architecture, and maintenance of the health actuarial data warehouse.
- Create and update analytical frameworks designed to assess the financial risk of insurance products.
- Work primarily independently on straightforward tasks, and under supervision for larger, moderately complex projects.
- Support project deliverable execution with direction and review from a more senior actuary.
- Identify and recommend enhancements to systems or products to solve problems and improve Actuarial Team effectiveness.
- Maintain a strong focus on continuous self-development.
What You Can Bring:
- Programming skills in SQL, SAS, Python, R, VBA, or similar programming languages. Experience in any or the following is a plus: Columnar and relational databases (like Redshift, SQL Server, or Aurora), Data visualization and reporting tools (like Tableau, Qlik, or PowerBI), AWS Services (such as S3, Workspaces, Lambda, DMS, Glue, and Athena)
- Broad, theoretical knowledge of health insurance products, pricing methodologies, industry awareness, regulatory environment, and non-actuarial functions and their interaction with actuarial work.
- Competency in data analysis, modeling and problem-solving skills, coupled with attention to detail.
- Proficiency in Microsoft Excel and foundational knowledge of Word, PowerPoint, and Outlook.
- Ability to be a versatile, self-motivated learner with ability to pick up new skills necessary to get the job done.
- Strong work ethic with good time management to meet timelines and requirements.
- Ability to be adaptable to a dynamic environment and changing priorities.
- Effective oral and written communication skills.
Applicable To All Employees of Globe Life Family of Companies:
How Globe Life Will Support You:
Looking to continue your career in an environment that values your contribution and invests in your growth? We've curated a benefits package that helps to ensure that you don’t just work, but thrive at Globe Life:
Competitive compensation designed to reflect your expertise and contribution.
Comprehensive health, dental, and vision insurance plans because your well-being is fundamental to your performance.
Robust life insurance benefits and retirement plans, including company-matched 401k and pension plan.
Paid holidays and time off to support a healthy work-life balance.
Parental leave to help our employees welcome their new additions.
Subsidized all-in-one subscriptions to support your fitness, mindfulness, nutrition, and sleep goals.
Company-paid counseling for assistance with mental health, stress management, and work-life balance.
Continued education reimbursement eligibility and company-paid FLMI and ICA courses to grow your career.
Discounted Texas Rangers tickets for a proud visit to Globe Life Field.
Opportunity awaits! Invest in your professional legacy, realize your path, and see the direct impact you can make in a workplace that celebrates and harnesses your unique talents and perspectives to their fullest potential. At Globe Life, your voice matters.