Citizens Inc. · 2 months ago
Associate Actuary - Pricing
Austin, TX, US
Full-time
Onsite
Mid Level
4+ years expCitizens, Inc. is a publicly traded life insurance company that provides traditional insurance products. They are seeking an Associate Actuary with a strong background in pricing analysis and model development to support the design and implementation of pricing strategies for their product portfolio.
BankingFinancial ServicesInsuranceLife Insurance
Responsibilities
Participates in large-scale department projects, including product development, modeling, regulatory compliance, and modernization initiatives
Provides clear, data-driven actuarial analyses and communicates insights effectively to cross-functional teams, ensuring timely and accurate support for decision-making across product, finance, and operations
May serve as a project lead on actuarial studies and product development initiatives
Performs other duties as assigned
Support actuarial analyses to support pricing strategy, experience monitoring, and product performance evaluation
Contributes to the development and maintain of pricing models and methodologies for new and existing products
Analyze the results from experience studies and identify the trends to support pricing decisions
Identifies opportunities to automate processes and expand modeling capabilities and works with the team to implement these enhancements
Assists with periodic experience studies and annual assumption updates, including implementation and audit of changes within actuarial models
Ensures adherence to model risk management standards, including thorough documentation and testing
Maintains comprehensive documentation of actuarial analysis and ensures the effectiveness and efficiency of internal control processes to support audit readiness
Compiles, consolidates, and analyzes actuarial data to produce financial reports in compliance with Generally Accepted Accounting Principles (GAAP) and Statutory Accounting Principles (SAP)
Maintains awareness of emerging issues impacting existing or new product lines and applies in-depth knowledge of GAAP, Statutory, and Tax reporting requirements to ensure compliance with current and evolving standards
Reviews and analyzes reserves and non-forfeiture values for new and existing products
Provides technical guidance to lower-level positions and other functional areas; may lead the work of others by mentoring, prioritizing, delegating, and reviewing assignments
Qualification
Required
Bachelor's degree or equivalent in Actuarial Science, Mathematics, Statistics, or a related discipline
Minimum of 4 years of relevant Actuarial experience; preferably in life insurance
Requires background in modeling, programming, or quantitative analysis; experience with GGY AXIS is a plus
Demonstrated proficiency in oral and written communications
Ability to prioritize and execute tasks effectively in a fast-paced environment
Near-Associate of the Society of Actuaries (ASA), with maximum of 1 remaining requirement (in addition to the Associateship Professionalism Course) towards an Associate of the Society of Actuaries designation
Ability to work Monday-Friday, 8AM – 5PM with occasional flexible and longer hours
Benefits
Medical
Dental
Vision
Short-term and long-term disability
AD&D
Group term life insurance
Matching 401k
Virtual Visits
Employee Assistance Program
Generous Paid Time Off
Holidays
Company
Citizens Inc.
Citizens, Inc.
201-500 employees
H1B Sponsorship
Citizens Inc. has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2020 (1)
Funding
Current Stage
Growth StageTotal Funding
unknown2019-06-01Non Equity Assistance
Leadership Team
Jon Stenberg
CEO & President
J
Jeff Conklin
Chief Financial Officer
Recent News
2025-12-02
2025-11-08
Mergers & Acquisitions
2025-11-06
Company data provided by crunchbase