Themesoft Inc.
Business Analyst with Actuarial Modelling And Life Insurance
⭐ - Featured Role | Apply direct with Data Freelance Hub
This role is for a Business Analyst with Actuarial Modeling and Life Insurance in Frederick, MD, for 6 months at a competitive pay rate. Requires 5–10+ years of life insurance actuarial experience, ASA certification, and proficiency in SQL, Python, and VBA.
🌎 - Country
United States
💱 - Currency
$ USD
-
💰 - Day rate
480
-
🗓️ - Date
May 10, 2026
🕒 - Duration
More than 6 months
-
🏝️ - Location
On-site
-
📄 - Contract
Unknown
-
🔒 - Security
Unknown
-
📍 - Location detailed
Frederick, MD
-
🧠 - Skills detailed
#VBA (Visual Basic for Applications) #Datasets #Business Analysis #Automation #Compliance #Programming #Quality Assurance #SQL (Structured Query Language) #"ETL (Extract #Transform #Load)" #Documentation #Python #Forecasting
Role description
Job Title: Business Analyst with Actuarial modelling And Life Insurance
Location:, Frederick, MD
Duration: 6 months
Key Responsibilities
Actuarial Analysis & Modeling
• Perform actuarial analyses related to life insurance products, including:
o Term Life
o Universal Life
o Pension Risk Transfer (PRT)
• Develop, maintain, and validate actuarial models for pricing, valuation, and forecasting
• Analyze experience data and trends to support business insights and decision-making
Product & Risk Management
• Support product design, pricing, and profitability analysis
• Assess and quantify risks associated with insurance portfolios
• Provide recommendations for risk mitigation and business optimization
Model Governance & Validation
• Perform quality assurance and validation of actuarial models and tools
• Ensure models adhere to internal standards and actuarial best practices
• Maintain documentation for models and methodologies
Business & Stakeholder Collaboration
• Partner with cross-functional teams including:
o Finance
o Investments
o IT
o Product and underwriting teams
• Translate technical actuarial concepts into actionable business insights
• Support strategic initiatives and enterprise transformation programs
Regulatory & Audit Support
• Assist in internal and external audit processes
• Ensure compliance with actuarial standards and regulatory requirements
• Provide documentation and explanations for actuarial assumptions and results
Required Qualifications & Experience
Experience
• 5–10+ years of actuarial experience in life insurance
• Strong background in:
o Actuarial modeling
o Risk assessment
o Product analysis
Professional Credentials
• ASA (Associate of the Society of Actuaries) required
• FSA (Fellow of the Society of Actuaries) preferred
Technical Skills
• Experience with actuarial software:
o GGY Axis (preferred) or MG-ALFA
• Strong programming/analytics skills:
o SQL
o Python
o VBA
• Experience working with large datasets and automation tools
Domain Knowledge
• Strong understanding of life insurance products and actuarial principles
• Knowledge of modeling methodologies, assumptions, and financial projections
Key Competencies
• Strong analytical and problem-solving skills
• Attention to detail and accuracy
• Effective communication and stakeholder management
• Ability to work collaboratively in cross-functional teams
• Strategic thinking and business acumen
Job Title: Business Analyst with Actuarial modelling And Life Insurance
Location:, Frederick, MD
Duration: 6 months
Key Responsibilities
Actuarial Analysis & Modeling
• Perform actuarial analyses related to life insurance products, including:
o Term Life
o Universal Life
o Pension Risk Transfer (PRT)
• Develop, maintain, and validate actuarial models for pricing, valuation, and forecasting
• Analyze experience data and trends to support business insights and decision-making
Product & Risk Management
• Support product design, pricing, and profitability analysis
• Assess and quantify risks associated with insurance portfolios
• Provide recommendations for risk mitigation and business optimization
Model Governance & Validation
• Perform quality assurance and validation of actuarial models and tools
• Ensure models adhere to internal standards and actuarial best practices
• Maintain documentation for models and methodologies
Business & Stakeholder Collaboration
• Partner with cross-functional teams including:
o Finance
o Investments
o IT
o Product and underwriting teams
• Translate technical actuarial concepts into actionable business insights
• Support strategic initiatives and enterprise transformation programs
Regulatory & Audit Support
• Assist in internal and external audit processes
• Ensure compliance with actuarial standards and regulatory requirements
• Provide documentation and explanations for actuarial assumptions and results
Required Qualifications & Experience
Experience
• 5–10+ years of actuarial experience in life insurance
• Strong background in:
o Actuarial modeling
o Risk assessment
o Product analysis
Professional Credentials
• ASA (Associate of the Society of Actuaries) required
• FSA (Fellow of the Society of Actuaries) preferred
Technical Skills
• Experience with actuarial software:
o GGY Axis (preferred) or MG-ALFA
• Strong programming/analytics skills:
o SQL
o Python
o VBA
• Experience working with large datasets and automation tools
Domain Knowledge
• Strong understanding of life insurance products and actuarial principles
• Knowledge of modeling methodologies, assumptions, and financial projections
Key Competencies
• Strong analytical and problem-solving skills
• Attention to detail and accuracy
• Effective communication and stakeholder management
• Ability to work collaboratively in cross-functional teams
• Strategic thinking and business acumen
