Actuarial Analyst

About Our Company

We’re a diversified financial services leader with more than $1.5 trillion in assets under management, administration and advisement as of year-end 2024. Our team of 22,000 people across 19 countries, serves more than 3.5 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses – Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

Job Description

Ameriprise Financial is looking to add an Actuarial Analyst to the Insurance Risk team! The individual in this role will perform actuarial tasks with manager assistance or supervision. Provide technical analysis and support by modifying, maintaining, operating and documenting various actuarial models. Prepare related reports, summarizing and communicating Insurance Risk model results.

Key Responsibilities

• Support quarterly and ad‑hoc Insurance risk reporting and analysis, including preparation, validation, and communication of results and insights to key stakeholders.
• Provide technical analysis and support of a well-defined nature by modifying, maintaining, operating and documenting various actuarial models based in spreadsheets or other analytical software.
• Assist in evaluating the impacts of model change requests by developing expertise in market sensitivities, Statutory and GAAP accounting, and actuarial modeling techniques. Develop a foundational understanding of actuarial modeling, processes, and practices.
• Participate in actuarial projects within a well-defined scope and responsibility. Perform analysis on specific actuarial topics, describing actuarial concepts to other business areas, and/or testing results of project implementations. Communicate status and impediments to completing tasks.
• Support the operation and validation of business controls and model governance requirements. Perform basic logical validation on inputs and outputs, ensuring consistency of processes with original design. Collect evidence to validate effectiveness of processes.  

Required Qualifications

• Bachelor's degree or equivalent in Actuarial Science, Mathematics, Statistics, Data Science, or related disciplines.
• 1-3 years of relevant experience
• At least 1 Actuarial exam passed.

Preferred Qualifications

• Validation by Educational Experience (VEE) coursework completion.
• Actuarial internship experience.
• Experience with MS Excel, VBA, MS Access, and other database applications.

In-Office Collaboration

We are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders — clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.

Visa Sponsorship

Applicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN)

Base Pay Salary

The estimated base salary for this role is $66,700- $91,700/ year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.Full timeExemptFinanceFIN Finance

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, ancestry, age, physical or mental disability, medical condition, pregnancy, military status, veteran status, genetic information, citizenship, disability status, marital status, family status or any other basis prohibited by law.

We are committed to fostering an inclusive and accessible recruitment process for individuals with disabilities. If you require a reasonable accommodation to participate in the application or interview process, speak to your recruiter to discuss how we can support you.