Actuarial Analyst, Product

Job not on LinkedIn

🔥 0 minutes ago

🌽 Illinois – Remote

🌽 Illinois – Remote

💵 $80k - $103k / year

⏰ Full Time

🟢 Junior

🟡 Mid-level

🔍 Product Analyst

🦅 H1B Visa Sponsor

This company has sponsored H1B visas in the past.

Apply Now

Find Similar Remote Jobs

Set Up Email Alert For New Jobs

📊 Check your resume score for this job

Improve your chances of getting an interview by checking your resume score before you apply.

Upload Resume

eFinancial

WebsiteLinkedInAll Job Openings

201 - 500 employees

Founded 2001

💸 Finance

🏪 Marketplace

Finance • Marketplace

<eFinancial> is an online life insurance quote comparison and brokerage platform that helps consumers compare and purchase term, permanent, and final expense life insurance from top-rated carriers. The site offers quick online quotes, a 10-question term calculator, educational resources, and access to licensed agents who can provide personalized guidance and same-day coverage in many cases. eFinancial aggregates carrier options, highlights plan differences (coverage lengths, premiums, medical exam requirements, cash value), and emphasizes customer support and easy application processes.

📋 Description

• Develop, maintain, and analyze periodic experience reports summarizing product, distributor, underwriting, and profitability performance across Term Life, Whole Life, IUL, and related products. • Analyze placement, persistency, claims, expenses, straight-through processing, manual underwriting reviews, and final underwriting outcomes to identify trends and disciplined product innovation opportunities. • Prepare recurring KPI reporting and dashboards for product reviews, market intelligence discussions, and executive updates. • Partner with cross-functional teams to translate insights into recommendations that support profitable growth across US Life functions. • Contribute to new product development by supporting opportunity sizing, competitive and market analysis, product feature comparisons, pricing inputs, business case materials, launch readiness metrics, and post-launch performance tracking. • Help manage the current product portfolio by monitoring performance trends, identifying products or segments needing corrective action, supporting portfolio rationalization, tracking product economics and operational complexity, and preparing recommendations for improvements. • Document assumptions, data definitions, analytical methods, and findings clearly so analyses are repeatable, actionable, and improvable. • Assist in the preparation of documentation supporting state filings for new and existing products. • Support the development, maintenance, and validation of actuarial models, assumptions, and analyses used for pricing, profitability monitoring, product development, and business decision-making. • Other duties/projects as assigned.

🎯 Requirements

• 2+ years of actuarial, product, pricing, insurance analytics, underwriting analytics, or related life insurance experience. • Undergraduate degree in actuarial science, business, finance or a related field. • Completion of 2+ SOA exams preferred; active progress toward ASA designation expected. • Familiarity with life insurance products or related financial services, experience studies, segmentation analysis, dashboards, and profitability analysis. • Proven ability to meet deadlines. • Advanced Excel proficiency required. • Experience with SQL and data visualization tools (Power BI, Tableau) preferred; exposure to actuarial, statistical, or programming tools such as Python, R, or SAS is a plus.

🏖️ Benefits

• Medical Insurance: Choose from a variety of plans to fit your healthcare needs. • Dental Insurance: Coverage for preventive, basic, and major dental services. • Employer-Paid Vision: Comprehensive eye care coverage at no cost to you. • Employer-Paid Basic Life and AD&D Insurance: Peace of mind and additional protection. • Employer-Paid Short-Term and Long-Term Disability Insurance: Financial support in case of illness or injury. • 401(k) Plan: Save for your future with a company match to help you grow your retirement savings. • PTO and Sick Time accrue each pay period: Take time off when you need it. • Annual Bonus Program: Performance-based bonus to reward your hard work.