Actuarial Technician Actuarial Technician …

Ameriprise Financial, Inc.
in Minneapolis, MN, United States
Permanent, Full time
Be the first to apply
Competitive
Ameriprise Financial, Inc.
in Minneapolis, MN, United States
Permanent, Full time
Be the first to apply
Competitive
Actuarial Technician
Job Description

Perform actuarial analysis, prepare reports and communicate the results. Support the operation and documentation of business controls. Support model-based processes including the management of inputs, calculations (processing), and outputs. Help to make process improvements and adjustments to existing tools.

The employee will work alongside actuarial and finance staff, supporting actuarial analysis and reporting functions, but generally will not be a qualified actuary nor aspiring to be a qualified actuary. As such, this role is not part of the company's actuarial student program.

Responsibilities

Complete technical analysis and studies by operating and documenting various actuarial models and other technical tools. Review and update formulas and code in spreadsheets and/or other analytical software. Suggest and may implement basic process improvements of a technical nature.

Determine the strategy for preparing actuarial and risk-related reports and summarize and communicate results to direct leaders. Develop an understanding of technical and actuarial language, processes, and practices and applying this to future projects and practices.

Operate and document business controls and model that support Actuary. Independently perform basic logical validations on inputs and outputs, ensure consistency of processes with original design. Collect evidence to validate effectiveness of models and processes.

Required Qualifications

Bachelors degree or equivalent.
0-1 years of experience.
Good analytical, quantitative and problem solving skills and ability to use statistical analysis and modeling.
Strong knowledge of business operations and processes in more than two areas.
Ability to communicate effectively on recommendations and analysis results, and establish and maintain strong relationships across the organization.

Preferred Qualifications

Degree in Finance/Math, Computer Science, Data Science, or other related discipline
Experience with MS Excel, VBA, MS Access, and other database applications.
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