More jobs:
Actuarial Trainee
Job in
Bucyrus, Crawford County, Ohio, 44820, USA
Listed on 2026-02-17
Listing for:
Ohio Mutual Insurance Group
Apprenticeship/Internship
position Listed on 2026-02-17
Job specializations:
-
Finance & Banking
Actuary
Job Description & How to Apply Below
The Actuarial Trainee operates within the Business Analytics Department, participating in a structured training program designed to cultivate necessary skills for departmental success. Associates in this role receive foundational instruction in insurance principles, data analysis, and SAS programming. The position encompasses a range of tasks that contribute to the effective functioning of the Business Analytics Department. Trainees are expected to actively pursue actuarial credentialing through the CAS, adhering to examination requirements as specified by the organization's actuarial program.
Essential Functions
* Acquires knowledge of both actuarial methods and general business analytics, along with their practical uses.
* Develops, tests, and/or validates models that support experience analysis.
* Gathers and validates data to aid in the development of business models.
* Supports efforts in projecting financial results and sensitivity analysis.
* Summarizes and communicates results to technical and non-technical audiences.
* Takes CAS actuarial exams regularly as outlined in the company's actuarial program.
* Attends training classes, seminars, and other educational events.
* Attends weekly, monthly, and quarterly meetings.
* Performs other duties as assigned.
Working Conditions
* Normal office working conditions.
* Sitting for extended periods of time.
* Occasional lifting and carrying heavy file boxes.
* Frequent use of computer which is associated with eye strain and fatigue.
QUALIFICATIONS
Skills and Abilities
* Ability to work on and complete projects in a team-oriented environment.
* Effective verbal and written communication skills.
* Strong problem-solving and analytical skills.
Education/
Experience Requirements
* Possesses or in the process of obtaining a Bachelor's degree in Actuarial Science, Math, Statistics, Risk Management, Programming, or a related field.
* Experience working with and proficiency in using spreadsheet software.
* Minimum one (1) CAS/SOA actuarial exam passed (2+ exams preferred).
* Prior relevant internship experience preferred.
SUPERVISION
Supervision Received
* Frequent supervision and feedback associated with trainee development.
Supervision
Exercised
* None
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