Highlights
Armed with statistical, financial, business computational, and modeling tools, actuaries determine, assess, and quantify the risks of threats to the organization becoming realized and develop policies and programs to cover or minimize the disruptive operational and financial cost to the organization. To ensure a fair and consistent evaluation process, candidates are expected to complete all interviews and assessments independently and without the use of artificial intelligence tools (including AI-generated responses, prompts, or real-time assistance).
Numbers & Facts
| Location | Phoenix, AZ |
| Industry | Transport and Storage - Materials |
| Company Size | 10,000 employees or more |
| Website | https://www.uhaul.com/ |
Description
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Actuarial Analyst
This position is not eligible for employer sponsorship.
To ensure a fair and consistent evaluation process, candidates are expected to complete all interviews and assessments independently and without the use of artificial intelligence tools (including AI-generated responses, prompts, or real-time assistance). Use of AI throughout the application and recruiting process may result in removal from consideration. Our goal is to get to know your authentic experiences, communication style, and problem-solving approach.
Job Profile and Description
Armed with statistical, financial, business computational, and modeling tools, actuaries determine, assess, and quantify the risks of threats to the organization becoming realized and develop policies and programs to cover or minimize the disruptive operational and financial cost to the organization. This makes actuaries essential in the life insurance industry.
- Oxford Life is seeking a talented Actuarial Analyst for the Financial Planning and Analysis (FP&A) Department of Oxford. This position reports to the FP&A Manager. This is a great opportunity for an eager, motivated new grad of a bachelor's program in Actuarial Science to begin a successful career at a strong life insurance company. New grads MUST have a strong proficiency with Microsoft Excel. *
Duties and Responsibilities
- Determine the reserves required on a Statutory, GAAP, and Tax basis to ensure the company's financial position to meet client claims.
- Determine the financial soundness of each line of business using loss recognition testing, gross premium valuations, asset adequacy analyses, and/or experience studies.
- Gather and analyze experience statistics to estimate population mortality, morbidity, lapse, persistency, and maturity rates.
- Work with accountants, compliance officers, marketing representatives, auditors, consultants, and senior management to develop and promote the proper reserving of insurance products.
- Use mathematical techniques and statistical concepts to determine and assess the risk inherent in a particular scheme.
- Keep a close eye to the new research and developments that have arisen in the actuarial field.
About Company
Since 1945, U-Haul has been serving do-it-yourself movers and their households. Like many other successful ventures, the concept for U-Haul was generated out of need. After World War II, there existed the widespread need for do-it-yourself moving equipment that would be available on a one-way, nationwide basis. U-Haul co-founders L.S. "Sam" Shoen and his wife, Anna Mary Carty Shoen, recognized that need and acted upon it. Their visionary approach spread the cost of ownership among many users, facilitating the mobility of the populations of the U.S. and Canada. The covered wagon of the pioneers morphed into orange U-Haul trailers. In the process, an industry was born.