Actuarial Intern

company

About Kuvare

Kuvare is on a mission to serve hardworking consumers overwhelmed by the complexities of retirement and is built from the ground up to do so. Our unified financial hub protects the retirement of everyday Americans and the distributors, carriers and investors that serve them. We create life insurance and annuity products that protect consumers’ retirements, and are simplified for distributor partners and financial professionals to sell and service.

Kuvare family of companies:

Retail Annuity and Life Insurance Solutions:
- United Life Insurance Company
- Guaranty Income Life Insurance Company
- Lincoln Benefit Life

Institutional Insurance:
- Kuvare Life Re

Bespoke Insurance Solutions:
- Ignite Partners

role

About the role

The Actuarial Internship for Kuvare Corporate Management (KCM) is designed to offer an array of experiences including Life and Annuity Valuation, Modeling and Forecasting, Pricing and Product Management, Asset Liability Management, and Enterprise Risk Management.

What you'll do

As an   intern   your day-to-day activities will be dependent on the function you are supporting and are expected to change throughout your internship.    Duties and responsibilities include, but are not limited to

Valuation tasks

- Prepare and help   monitor   reserve trends monthly on GAAP, statutory, and tax accounting bases

- Develop management reporting for existing business

- Assist   in preparation of Statutory Annual and Quarterly Statements

- Update models and organize results for management.

- Assist   in gathering information and analysis for external auditor inspections

Product Management tasks

- Produce, present, and improve monthly business monitoring reporting

- Provide insight and analysis to   inforce   experience trends

- Assist   in the development and analyze annual Illustration Actuary testing models

- Assist   on special policy illustration requests

- Assist on Product related projects and requests

Modeling and Forecasting tasks

- Build and review model inputs to support financial projection capability

- Execute and   monitor   model projections including troubleshooting model calculations

- Analyze model output ensuring accuracy with intended model purpose

Qualifications

Experience

- Progress towards, or completion of a BA/BS in Actuarial Science, Mathematics, Finance, Statistics, or related area

- Success in passing at least one SOA/CAS exam preferred
- Skills/Competencies

Strong analytical and problem-solving skills

- Strong business and collaboration skills

- Proficiency   in MS Office (Excel, Access, Word, PPT)

- Excellent verbal and written communication skills

- Flexible can-do attitude, willing to   help out   with all types of tasks in an ever-changing environment

- Passion to learn new things and design   new solutions

- Work both independently and as part of a team

Physical Demands

- Normal office working environment

- Ability to type / perform data entry

- Ability to read from a computer screen and paper reports

- Express ideas and otherwise communicate with the spoken word