Associate Actuary

Chicago, Illinois 60606

Post Date: 04/17/2018 Job ID: 5789 Industry: Other Area(s)

Our client in Chicago,  currently has an opening for an Associate Actuary in their risk management   consulting practice

  • Analyzes and reviews asset-liability cash flow projections of annuity products, including quarterly trend analysis, then communicates results to more senior actuaries.
  • Communicates information related to risk position, especially as it relates to the modeling of fixed, indexed and variable annuity products using the Prophet actuarial modeling system.
  • Assists in the implementation and verification of new products, assumptions and methodology in Prophet actuarial models
  • Builds relationships with Product Development, Valuation, Planning and Finance areas.
  • Manages one associate and provides guidance and assistance to lower level positions.
  • Performs actuarial tasks which are of a mathematical and quantitative nature.
  • Performs other duties as assigned.

  • Recent or near FSA
  • Applicants should have a minimum of 4 years of related experience with deferred annuity products
  • Experience with Prophet or similar actuarial software is preferred
  • Requires strong analytical and computer skills, including strong Microsoft Excel background
  • Superior communication and problem solving skills are essential
  • Sponsorship assistance is not available for this position

For immediate consideration please call Ken Mitchell in his office at 215-390-1015 or on his cell at 845-721-8713.  Also, feel free to email him at

McGrath Systems is an Equal Opportunity Employer and embraces diversity in the workplace.

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