Actuarial Intern
Axcelus Financial
Philadelphia, PA
Sales / Marketing, Finance / Banking / Insurance
Position Summary
The primary function of this position will be to assist the Actuarial team in maintaining/upgrading existing policy administration systems and creating efficiencies and automation within those processes. Requirements include basic knowledge of life insurance and annuity products, technical Excel/Access VBA skills, and effective communication/organization.
Responsibilities
- Assist Actuarial team in real world Excel/Access VBA projects to enhance workflows for accuracy and efficiency.
- Develop, update, and maintain complex spreadsheets using Microsoft Excel (e.g., formulas, pivot tables, macros/VBA)
- Collaborate with actuarial staff to interpret results and prepare findings for internal stakeholders
- Ad-hoc projects.
- Basic knowledge of life insurance and annuity products.
- Advanced Excel skills; Visual Basic skills a plus.
- Excellent communication skills. Ability to communicate technical concepts to non-technical audience.
- Excellent technical and analytical skills.
- Good organizational and prioritization skills.
- Ability to work independently.
- Adheres to high standards for accuracy and pays attention to details.
- Desire to learn the actuarial profession and skills required.
Requirements
- Pursuing Bachelor’s in Actuarial Science, Mathematics, Statistics, or a related field
- 1-2 Actuarial exams passed
About the company
Company website•Financial Services
A leader in the private placement space, Axcelus Financial provides innovative and customized insurance-based solutions to help high-net-worth and institutional clients grow and preserve their assets.
Formerly Lombard International US & Bermuda, the new Axcelus name and brand was officially adopted as of Monday, January 22, 2024.
As Axcelus Financial, we leverage three decades of experience and trusted leadership in the insurance industry to understand our client's unique needs and challenges, and we are committed to meeting them with the highest levels of service.
For institutions, our Global Institutions practice provides investment managers and their institutional client base (both domestic and non-U.S.) with unique, tax-efficient structures to access U.S. private markets.
For individuals and families, our extensive expertise in Private Placement Life Insurance and Annuities enable us to curate solutions that efficiently and effectively address the unique goals, needs, and tax implications of high-net worth and ultra-high-net-worth individuals and families in the U.S. and around the globe.
Visit our website Axcelus.com to learn more about our business.