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Actuarial Analyst (Student Actuary)


M Financial Group is a community of leaders comprising the best and brightest minds in our industry. By combining individuals' expertise and skill, M Financial Group has become a powerful force committed to advancing the interests of our industry, communities, and clients for over 40 years. M's solutions are rooted in the diverse expertise of our team, our collaborative approach to innovation and our comprehensive support.

We embrace a progressive, dynamic mindset for every role. M Financial Group provides a professional community that actively supports individuals with diverse backgrounds and perspectives who come together to build and support best-in-class solutions. If you're looking to be a part of a high performing, collaborative, and dedicated team, M Financial Group is in search of our next Actuarial Analyst to join our team.

Primary responsibilities will include assisting in the development of a corporate model, analyzing reinsurance proposals, assisting in the Statutory and GAAP reporting, and developing tools to analyze reinsurance results.


Augment corporate model to include new products as they are introduced, as well as maintaining and updating existing models

  • Determine required information and collect said information (e.g. actuarial memorandum, pricing assumptions)
  • Reproduce product mechanics using a spreadsheet and illustrations
  • Translate the spreadsheet calculations into ALFA
  • Project future profits for that product by making assumptions about the level and distribution of sales
  • Test and validate results

Assist with the preparation and analysis of quarterly and annual Statutory and GAAP reports

  • Validate the accuracy of reinsurance settlement statements
  • Update and maintain reinsurance reporting databases and automated tools
  • Develop controls and processes for new reporting requirements
  • Assist in updating corporate model, analyzing quarterly financial results, and explaining variances to senior management
  • Perform ALFA model projections to be used in financial reporting.
  • Support the development of experience studies for mortality, lapse and other key business drivers
  • Determine data requirements for producing mortality, lapse and other key business driver studies
  • Develop and analyze experience study results

Contribute to reinsurance acceptance procedures

  • Model products being considered for reinsurance
  • Analyze resulting economics to ensure that our financial targets are being met


  • Bachelor's degree in mathematics, finance or other related field
  • Actuarial student with the successful completion of two or more exams
  • Ability to develop strong working relationships with M Staff, Member Firms, and Carriers
  • Ability to work independently, demonstrating initiative, drive, orientation to goal accomplishment, attention to detail and organizational skills
  • Ability to handle multiple, complex projects and deadlines simultaneously
  • Demonstrated ability to handle highly sensitive and confidential information
  • Ability to present information to all levels of management
  • Excellent high-level analytical and mathematical skills
  • Actuarial experience preferred
  • Excellent oral and written communication skills
  • Excellent MS Office software skills including Excel, Access, Word, and a strong ability to use the internet.
  • Strong computer proficiency including installing software, using command line programs, and scheduling tasks.
  • Experience automating tasks or analyzing data, preferably using Python or SQL
  • Knowledge of life insurance products
  • Experience utilizing actuarial pricing software, such as MG-ALFA


  • Normal office environment/desk assignment
  • Extensive work with documents, publications, databases, spreadsheets, and presentation materials
  • Extensive use of PCs, computer terminal, display, keyboard, and mouse
  • Light travel; less than 10%

This position description is not intended to be and should not be construed as an all-inclusive list of responsibilities, skills or working conditions associated with this position. While this description is intended to accurately reflect the position's activities and requirements, management reserves the right to modify, add or remove duties as necessary.




Bachelor's Degree

Job type

Full time

Salary Range
$56,000.00 - 87,000.00
per Year
Salary range estimated by
Portland, OR 97201, US