Actuarial Trainee

Our Story

Imagine being part of a team that’s not just shaping the future but actively driving it. At Davies North America, we’re at the forefront of innovation and excellence, blending cutting-edge technology with top-tier professional services. As a vital part of the global Davies Group, we help businesses navigate risk, optimize operations, and spearhead transformation in the insurance and regulated sectors.

What’s in Store

Davies Life & Health is on the lookout for an Actuarial Trainee who will be responsible for calculating, reporting, and analyzing financial data for disability insurance lines of business.   You will report findings to internal management, client companies, reinsurers, and regulatory authorities.   The position also entails assisting in the preparation of experience studies that are used to set and monitor valuation assumptions. You must be available to work a hybrid schedule at our Syracuse, New York office. 

Key responsibilities include: 

• Assist in the preparation of financial reports used to monitor performance and communicate results to management, client companies and regulatory authorities
• Perform analysis that provides information regarding the underlying causes of financial results
• Perform studies to measure claim incidence, claim termination, and policy persistency experience
• Calculate reserves to ensure the proper provision for client companies’ liabilities 
• Provide prompt and accurate financial information to Claim and Legal departments to assist with the administration and settlement of disability claims
• Develop and maintain effective relationships and communication with the team, co-workers, clients and vendors
• Participate in special projects as requested and perform other related job functions as required
• Support company values of We are Dynamic, We are Innovative, We are Connected, and We Succeed Together
• Perform other duties as assigned

This is a full-time, hybrid position located in Syracuse, New York. 

Your Expertise, Skills, and Abilities

• A bachelor’s degree in mathematics, Statistics or related field 
• Proficient in math and English
• Successful completion of one exam sponsored by the Society of Actuaries or a minimum of two years’ experience in an Actuarial position
• Will participate in Actuarial student program
• Experience in Financial Reporting or equivalent studies preferred
• Experience with GGY AXIS, actuarial software, computer programming and/or Microsoft Office preferred
• Proactive, independent, and takes initiative with consistent follow through
• Excellent time management skills with capability of working with and meeting deadlines
• Exceptional capability to multi-task and prioritize in a fast-paced, dynamic work environment
• Excellent interpersonal and communication skills 
• Capable of working collaboratively and independently with minimal supervision

Benefits

At Davies North America, we are dedicated to supporting the well-being and future of our qualifying employees. Our comprehensive benefits package includes:

• Medical, dental, and vision plans to ensure your health and that of your family.
• A 401k plan with employer matching to help you build a secure financial future.
• Our time-off policies, including Discretionary Time Off for exempt employees and Paid Time Off (PTO) package for non-exempt employees, reflect our commitment to promoting a healthy work environment.
• Paid holidays.
• Life insurance and both short-term and long-term disability plans, providing essential financial protection for you and your loved ones.

Diversity and Inclusion

Davies is dedicated to fostering a diverse and inclusive workplace that embraces a wide range of perspectives and experiences. We believe that diversity of thought is essential for innovation and creativity, and we actively promote an environment where all voices are valued and heard.

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