We're Looking for an experienced Actuary!
About the Company:
Security Benefit is a leader in the U.S. retirement market with more than $60 billion in assets under management. We offer opportunities to thrive, innovate, and make an impact. As part of our team, you’ll play a key role in driving the future of the U.S. retirement industry. Security Benefit is a PLACE where we promise to help our customers To and Through Retirement®.
We’re proud to have been recognized as one of the best in the business:
- Named to Ward’s 50 list of top-performing life-health insurance companies
- Recognized on list of Ingram’s Top 100 Private Companies in the Kansas City area in 2024
About the Role:
As an Actuary you will mainly be responsible for VM22 modeling development and analysis for different annuity product lines for the Valuation Actuarial Department within the Security Benefit Life Insurance Company. The Actuary manages the financial success of annuity and retirement products by performing statutory modeling, attribution analysis, and analyzing in-force business. Candidates must possess strong leadership, financial and analytical skills and be able to successfully work with various Departments, senior leadership, and outside consultants to manage a variety of actuarial initiatives.
The Actuary position reports to the Assistant Vice President of Valuation and can be based out of our home office in Topeka, Kansas, or remotely for the right candidate. We work a hybrid schedule, offering flexibility to work both remotely and on-site. Below are the key responsibilities:
- VM22 modeling development and analysis to prepare for the Company’s VM22 adoption
- Support Stat modeling/preparation of actuarial memorandum, exhibits and reports
- Interpret and analyze model results from actuarial software systems
- Test model enhancements, including regression and unit testing
- Manage other projects as assigned
What We’re Looking For:
- Annuity (FIA, VA, FA) Statutory Modeling experience preferred
- Experience with actuarial modeling software required; using Prophet a plus
- Strong computer skills including Excel and actuarial software
- Strong programming / scripting skills including VBA, SQL, or Python preferred
- Good written and verbal communication skills
- Strong problem solving, analytical and decision-making skills
- Strong initiative and ability to work both independently and in collaboration with others within and outside the Company
Why Choose Security Benefit?
When you join our team, you’re not just getting a paycheck — you’re getting a career path full of growth opportunities, plus a robust benefits package that puts your well-being first. Here’s what you can expect as a full-time Security Benefit associate:
- Competitive salary and annual incentive bonuses to reward your contributions.
- 33 days of paid time off (including PTO, holidays, Volunteer Day, and days of significance).
- Paid parental leave after 90 days of service.
- Comprehensive medical, dental & vision insurance.
- 401(k) with company match, plus Profit Sharing & Savings Plan.
- Short- and Long-Term Disability Insurance to give you peace of mind.
- Flexible Spending Accounts for medical and dependent care.
- Life Insurance to protect your loved ones.
- Educational assistance to support your career development.
- Associate assistance programs for your personal and professional well-being.
Ready to Make an Impact?
Apply today by visiting our career page to submit your resume. We’re excited to meet you!
Security Benefit is an Equal Opportunity Employer.
