This Internship offers an array of experiences including Life and Annuity Valuation, Modeling and Forecasting, Product Management, Asset Liability Management, and Enterprise Risk Management.
Your day to day activities will be dependent on the function you are supporting and are expected to change throughout your co-op. Examples include:
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 GAAP Excel 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
Produce and improve monthly crediting rate package and process
Coordinate with ALM and System on data and result analysis
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
Risk and Investments tasks
Update quarterly stress testing results and compare versus risk appetite and limit.
Monitoring investment portfolio to ensure compliance with guidelines and limits
Monitor asset and liability duration, report mismatches outside of tolerance
Prepare weekly hedging file, monitor hedge position and results.
Progress towards a BA/BS in Actuarial Science, Mathematics, Finance, Statistics, or related area
Success in passing at least one SOA/CAS exam preferred
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
About Lincoln Benefit Life
LBL HoldCo II, Inc. is a specialist U.S. life insurance company and is the parent company of Lincoln Benefit Life. Our mission is to build a substantial, diversified and lasting life insurance company. Our focus is providing excellent policyholder service and delivering sustainable financial results within a well-controlled risk framework.