1-800-346-7171

Corporate Opportunities

Security Mutual Life Insurance Company of New York

Binghamton, NY

Actuarial Intern

Department:  Actuarial
Status: Temporary, Part Time (20-25 hours per week)
Reference #:  0802 & 0803
No. of Positions: 2

Description of duties & responsibilities: The purpose of this position is to support the Actuarial function in the product pricing area or the financial reporting area.

  • Analyze data to support experience studies.
  • Extract and build data files for use in product pricing, asset and liability models.
  • Assist with automating, updating and developing actuarial processes and systems.
  • Perform cost-benefit analysis and research.
  • Assist with determination of protective value of Company programs.

Required skills & experience:

  • Must have passed at least one Actuarial Exam.
  • Intermediate proficiency with Microsoft Office required.
  • Experience with manipulating large amounts of data preferred.
  • Proficiency in Microsoft Access or other database management system preferred.
  • Proficiency in SQL or other relational database language preferred.
  • Ability to think analytically and critically.
  • Excellent written and verbal communication skills.
  • Excellent data entry skills.
  • Ability to perform work accurately and thoroughly.
  • Excellent attention to detail.
  • Ability to prioritize and organize a heavy workload.

Education Required: Must be pursuing a Bachelor’s or Master’s degree in Actuarial Science or Mathematics. Two years of completed of college coursework required. Completion of three years of college coursework preferred.

  • Visa sponsorship is not available for this position
  • Relocation assistance is not available for this position
  • Security Mutual is an Equal Opportunity Employer

→ Apply On Line

Associate Actuary

Department: Actuarial
Status:  Regular, Full Time
Reference #: 0793
No. of Positions: 1

Description of duties & responsibilities: The purpose of this position is to produce pricing and product development projects using various modeling techniques. This position will also be involved in the actuarial work of product design, form filing development and other regulatory requirements.

  • Create, setup and verify actuarial models in MG-ALFA, Excel, database software and actuarial software to ensure new products meet profitability and competitiveness objectives. Develop actuarial models to support Illustration Actuary Testing and Key Pricing Reports.
  • Develop, analyze and verify actuarial assumptions based on experience studies.
  • Develop actuarial memorandums for filing to state insurance departments.
  • Support policy form filing requirements, including form language, actuarial memorandums, actuarial opinions and responding to state insurance department requests for information.
  • Support the implementation and testing of products from SML administrative and illustration systems.
  • Provide support as needed to the Actuarial Department on actuarial projects.
  • Research and analyze competitive information relating to products, pricing, financial information and experience assumptions.
  • Continue to pass actuarial exams with the goal of becoming a Fellow of the Society of Actuaries. Be in compliance with the SML Student Actuary program rules.

Required skills & experience:

  • Minimum of 5 years related experience required.
  • ASA (Associate of Society of Actuaries) designation required.
  • Must be actively pursuing the FSA (Fellow of the Society of Actuaries) designation.
  • Proficiency with MG-ALFA actuarial software required.
  • Advanced proficiency in Microsoft Excel required.
  • Intermediate proficiency in Microsoft Word required.
  • Basic proficiency in Microsoft Access required.
  • Experience with databases and the ability to program and write queries preferred.
  • Strong problem solving abilities.
  • Ability to work independently with minimal supervision.
  • Excellent written and verbal communication skills.
  • Ability to perform work accurately and thoroughly.
  • Excellent attention to detail.
  • Ability to prioritize and organize a heavy workload.

Education Required: Bachelor’s degree in Actuarial Science required. Degree in Mathematics, Statistics, Economics or closely related field of study acceptable.

  • Visa sponsorship is not available for this position
  • Relocation assistance may be available for this position
  • Security Mutual is an Equal Opportunity Employer

→ Apply On Line

Billing Account Representative

Department: Benefits – Service
Status: Regular, Full Time
Reference #: 0800
No. of Open Positions: 1

Description of duties & responsibilities: The purpose of this position is to assist the Benefits – Service department with billing, payment processing, reconciliation, maintenance, and administration service.

  • Bill, reconcile and maintain sweep and group billing for assigned accounts.
  • Communicate with agents, payroll offices, policyowners, and the credit union service provider (PFP) to provide information about deductions, policies, and services.
  • Apply premium and loan payments through system and manual processes.
  • Administer Electronic Funds Transfer process including form distribution, setup, returned transfer, exceptions and error report monitoring.
  • Research and process reports for special processing.
  • Review, analyze and process daily policy and account reports.

 

Required skills & experience:

  • Minimum of 2 years experience in customer support required.
  • 1-2 years experience in accounting or bookkeeping required.
  • Intermediate knowledge of Microsoft Word and Excel.
  • Excellent written and verbal communication skills.
  • Excellent data entry skills.
  • Ability to perform work accurately and thoroughly.
  • Ability to take care of both internal and external customer needs.
  • Ability to pay close attention to detail.
  • Ability to prioritize and organize a heavy workload.

Education Required: High School Diploma required. Associate’s Degree in Business or related field preferred.

  • Visa sponsorship is not available for this position
  • Relocation assistance is not available for this position
  • Security Mutual is an Equal Opportunity Employer

→ Apply On Line

Executive Assistant
Department: Administration
Status: Regular, Full Time
Reference #: 0769
No. of Open Positions: 1

Description of duties & responsibilities: The purpose of this position is to provide executive level administrative support to Executive Management and their departments while maintaining a high level of confidentiality.

  • Prioritize daily tasks including the scheduling of daily appointments, screening phone calls, managing dictation and transcription, handling incoming and outgoing mail, emailing and faxing, managing contracts and invoices and managing the visitor process and greetings.
  • Handle various forms of communications on behalf of Executives including reading and analyzing incoming requests, memos, submissions and reports to determine their significance and required actions.
  • Handle confidential correspondence and requests or delegate when appropriate.
  • Prepare, edit and distribute executive level presentations, letters, meeting minutes and other memoranda and correspondence for Executives.
  • Assist with the planning and coordinating of Company meetings and events as assigned.
  • Arrange corporate travel and meetings.
  • Perform financial, statistical, regulatory or other research and draft reports. Support budget preparation and processing.
  • Manage the administration of corporate accounts. Maintain vendor relationships.
  • Complete projects and special assignments by establishing objectives, determining priorities, conducting research, managing time, engaging appropriate parties and producing results.
  • Improve quality results for the executive team by evaluating operational processes, making recommendations and implementing process changes.
  • Perform general office duties such as ordering office supplies, managing records, and recording attendance.
  • Participate in conferences and committees both inside and outside of the company at the request of management.

Required skills & experience:

  • Minimum of 5 years experience as an executive secretary or executive administrative assistant.
  • Advanced proficiency in Microsoft Office Suite required.
  • Knowledge of insurance and insurance products preferred.
  • Excellent planning and organizing skills and ability to prioritize and organize a heavy workload.
  • Ability to maintain professional composure and handle sensitive situations.
  • Maintain a high level of confidentiality.
  • Maintain a regular, timely attendance with the ability to be flexible with work schedule.
  • Ability to adjust to changing priorities.
  • Project management and research skills.
  • Excellent written and verbal communication skills.
  • Excellent typing skills.
  • Ability to perform work accurately and thoroughly.
  • Ability to take care of both internal and external customer needs.
  • Ability to pay close attention to detail.

Education Required: Associate’s Degree in Business or related field required. Bachelor’s Degree in Business preferred.

  • Visa sponsorship is not available for this position
  • Relocation assistance is not available for this position
  • Security Mutual is an Equal Opportunity Employer

→ Apply On Line

Senior Financial Accountant

Department: Financial Operations 
Status: Regular, Full Time
Reference #: 0606 
No. of Open Positions: 1
Shift: 1st Shift Monday – Friday

Required skills & experience:

  • 5 or more years of accounting experience required.
  • Demonstrated understanding of GAAP accounting required.
  • Demonstrated understanding of Life Insurance Statutory accounting preferred.
  • Intermediate proficiency with Microsoft Office Suite products required.
  • Ability to work independently with minimal supervision required.
  • Strong project management skills required.
  • Excellent analytical and problem-solving skills required.
  • Strong reconciliation skills required.

Description of duties & responsibilities: The primary purpose of this position is to prepare various exhibits and schedules for Security Mutual’s quarterly and annual financial statement filings, and to prepare Subsidiary financial statements. Specific duties include:

  • Prepare and maintain general and subsidiary ledgers.
  • Maintain timely and accurate analysis of general ledger and subsidiary ledgers.
  • Support the preparation of accurate and timely financial statements.
  • Analyze and interpret accounting records.
  • Support audit preparation.
  • Prepare reports and statements.

Education Required:  Bachelor’s degree in Accounting, Finance, or a closely related field required. CPA or Public Accounting Experience is preferred.

  • Visa sponsorship is not available for this position
  • Relocation assistance may be available for this position
  • Security Mutual is an Equal Opportunity Employer

→ Apply On Line

Student Actuary

Department: Actuarial
Status: 
Regular, Full Time
Reference #:
0799
No. of Positions:
1

Description of duties & responsibilities: The purpose of this position is to support the valuation of insurance liabilities and asset liabilities projection modeling using PolySystems, Excel and other database software. This position will also perform compliance related work. 

  • Create, setup and verify actuarial models in Excel, database software and PolySystems actuarial software.
  • Support the implementation and testing of new products into valuation models off our administrative and product development models.
  • Assist with actuarial models of in force business to support financial reporting, cash flow testing, annual planning and asset liability management work.
  • Support the appointed Actuary with setting up experience studies, assumption review and checking data integrity.
  • Provide additional support as needed to the department.
  • Continue to pass actuarial exams with the goal of becoming a Fellow of the Society of Actuaries. Be in compliance with program rules.

Required skills & experience:

  • 1 year of related experience required.
  • Minimum of 1 exam in progression towards the FSA designation required. Completion of 2 exams preferred.
  • Intermediate proficiency in Microsoft Excel required.
  • Basic proficiency in Microsoft Word required.
  • Basic proficiency in Microsoft Access required.
  • Proficiency with PolySystems and actuarial database software preferred.
  • Experience with databases and the ability to program and write queries preferred.
  • Strong problem solving abilities.
  • Ability to work independently with minimal supervision.
  • Excellent written and verbal communication skills.
  • Ability to perform work accurately and thoroughly.
  • Excellent attention to detail.
  • Ability to prioritize and organize a heavy workload.

Education Required: Bachelor’s degree in Actuarial Science or Mathematics required. Degree in closely related field of study acceptable.

  • Visa sponsorship is not available for this position
  • Relocation assistance is not available for this position
  • Security Mutual is an Equal Opportunity Employer

→ Apply On Line

Temporary Treasury Clerk

Department: Remittance
Status: Temporary, Part Time (25 hours per week)
Reference #: 0786
No. of Positions: 1

Description of duties & responsibilities: The purpose of this position is to process payments and make deposits into Company bank accounts. This position must maintain accuracy while completing tasks under time pressure and maintain a high level of confidentiality.

  • Sort premiums by department, research payments received without premium notices, determine and verify correct department and tape code for each payment. Review items to ensure they are within all anti-money laundering guidelines and report any suspicious activity to management.
  • Process premiums and checks through the imaging remittance machine which requires accurate encoding and endorsement of each check to be deposited. This also consists of keying in policy numbers, dollar amounts, premium descriptions with the correct company codes and tape codes.
  • Complete bank deposit by scanning all checks and verify that each batch balances before submitting to the bank.
  • Balance all transactions to end of day reports and verify processing prior to transmission of nightly accounting files. Match premiums and correspondence with department tape code reports.
  • Process returned check notifications to the proper department.
  • Research check inquiries and provide copies of cancelled checks as requested.
  • Verify Office of Foreign Assets Control (OFAC) auto-scan results for Company generated checks and research results for Electronic Funds Transfer and wire transactions.
  • Sort and organize internally issued checks and prepare for distribution.
  • Conduct bank reconciliations.
  • Stay current on industry knowledge through self-study and training programs.

Required skills & experience:

  • Some accounting or bookkeeping experience required.
  • High speed and accuracy using a 10-key calculator keypad required.
  • Basic knowledge of Microsoft Word and Excel required.
  • Experience with check scanner preferred.
  • Ability to prioritize and organize a heavy workload.
  • Ability to work under pressure and meet deadlines.
  • Ability to pay close attention to detail.
  • Maintain a high level of confidentiality.
  • Ability to work in a team environment.
  • Excellent written and verbal communications skills.
  • Ability to follow standard policies and procedures.
  • Basic problem solving skills.
  • Possess personal traits of integrity, honesty, perseverance, dependability and good customer service.

Education Required: High School Diploma Required. College-level Accounting coursework preferred.

  • Visa sponsorship is not available for this position
  • Relocation assistance is not available for this position
  • Security Mutual is an Equal Opportunity Employer

→ Apply On Line

Regional

New York City, NY Office

There are currently no positions available

Security Administrators, Inc.

Binghamton or Syracuse, NY Offices

Pension Analyst-Defined Benefit

Department: Security Administrators, Inc. – Binghamton or Syracuse, NY
Status: Regular, Full Time
Reference #: 0766
No. of Open Positions: 1

Description of duties & responsibilities: The purpose of this position is to provide third party defined benefit qualified plan administrative services for employers who contract with SAI. Services provided include normal annual administrative services, as well as periodic review for compliance with regulations.

  • Complete annual valuations for plans assigned, and communicate with plan sponsor and advisors.
  • Determine eligibility, reconcile trust assets, input data into administration software to calculate benefits and funding requirements.
  • Complete Form 5500 filings, prepare Annual Funding Notices (or SAR’s) and complete electronic filing through EFAST.
  • Calculate PBGC premiums, prepare annual filing forms for review and file forms electronically with PBGC.
  • Calculate accrued benefits with optional forms and prepare distribution forms for terminated and retired participants.
  • Prepare required election and disclosure forms, calculate Required Minimum Distributions and prepare and submit 1099R forms.
  • Prepare plan document restatements and plan amendments. Review plan to confirm that it meets client objectives.
  • Process plan terminations, including preparation of termination amendments, resolutions and notices. Prepare final calculation of benefits owed to each participant and complete IRS filings when requested.
  • Prepare and submit time sheets daily.
  • Maintain work control spreadsheet for assigned block of plans.

Required skills & experience:

  • Minimum 5 years’ experience in plan administration for small to medium sized plans required.
  • ASPPA Qualified Pension Administrator designation preferred.
  • Experience with Relius Administration software and plan documents preferred.
  • Basic proficiency with Microsoft Word and Excel required.
  • Strong written and verbal communication skills.
  • Ability to handle multiple priorities simultaneously.
  • Ability to pay close attention to detail.
  • Ability to prioritize and organize a heavy workload.
  • Ability to adapt to change and work under pressure.

Education Required: Bachelor’s degree in related field of study or equivalent experience.

  • Visa sponsorship is not available for this position
  • Relocation assistance is not available for this position
  • Security Mutual is an Equal Opportunity Employer

→ Apply On Line

Pension Analyst-Defined Contribution

Department: Security Administrators, Inc. – Binghamton or Syracuse, NY
Status: Regular, Full Time
Reference #: 0765
No. of Open Positions: 1

Description of duties & responsibilities: The purpose of this position is to provide third party defined contribution qualified plan administrative services for employers who contract with SAI. Services provided include normal annual administrative services, as well as periodic review for compliance with regulations.

  • Complete annual valuations for plans assigned, and communicate with plan sponsor and advisors.
  • Determine eligibility, reconcile trust assets, input data into administration software to calculate allocations and prepare reports.
  • Prepare and review non-discrimination testing using administration software. Communicate allowable/appropriate correction options to clients.
  • Complete Form 5500 filings, prepare Summary Annual Reports and complete electronic filing through EFAST.
  • Prepare required election and disclosure forms for terminated and retired participants.
  • Calculate Required Minimum Distributions, prepare and submit 1099R forms, calculate maximum loan amounts and prepare participant loan forms.
  • Prepare plan document restatements and plan amendments. Review plan to confirm that it meets client objectives.
  • Process plan terminations, including preparation of termination amendments, resolutions and notices. Prepare final calculation of benefits owed to each participant and complete IRS filings when requested.
  • Prepare and submit time sheets daily.
  • Maintain work control spreadsheet for assigned block of plans.

Required skills & experience:

  • Minimum 3 years’ experience in plan administration for small to medium sized plans required.
  • ASPPA Qualified 401(k) Administrator or Qualified Pension Administrator designation preferred.
  • Experience with Relius Administration software and plan documents preferred.
  • Basic proficiency with Microsoft Word and Excel required.
  • Strong written and verbal communication skills.
  • Ability to handle multiple priorities simultaneously.
  • Ability to pay close attention to detail.
  • Ability to prioritize and organize a heavy workload.
  • Ability to adapt to change and work under pressure.

Education Required: Bachelor’s degree in related field of study or equivalent experience.

  • Visa sponsorship is not available for this position
  • Relocation assistance is not available for this position
  • Security Mutual is an Equal Opportunity Employer

→ Apply On Line

Enrolled Actuary
Department: Security Administrators, Inc. – Binghamton or Syracuse, NY
Status: Regular, Full Time
Reference #: 0763
No. of Open Positions: 1

Description of duties & responsibilities: The purpose of this position is to review and perform qualified plan pension valuations for cash balance and traditional defined benefit plans, IRS min/max funding and ASC 715 financial accounting (FAS), benefit calculations, PBGC premium calculation certifications, plan termination calculations and special consulting projects.

  • Review plan sponsor annual asset and census data to input into valuation software.
  • Prepare annual funding reports and required AFTAP certifications. Complete Schedule SB with funding information.
  • Prepare/review annual PBGC premium filings for certification.
  • Prepare/review defined benefit terminated participant benefit calculations.
  • Prepare/review new plan studies for potential clients – traditional defined benefit plans and cash balance plans.
  • Review general non-discrimination testing when a DC plan is to be associated with the new plan.
  • Prepare/review IRS min/max and ASC 715 financial reporting for qualified plans.
  • Participate in discussions with auditors regarding the determination of appropriate discount rates.

Required skills & experience:

  • Enrolled Actuary designation required.
  • Minimum 5 years’ experience as an enrolled actuary for small to medium sized plans required.
  • Experience with Relius Administration software and plan documents preferred.
  • Intermediate proficiency with Microsoft Word and Excel required.
  • Strong written and verbal communication skills.
  • Ability to handle multiple priorities simultaneously.
  • Ability to pay close attention to detail.
  • Ability to prioritize and organize a heavy workload
  • Ability to adapt to change and work under pressure.

Education Required: Bachelor’s degree in related field of study or equivalent experience.

  • Visa sponsorship is not available for this position
  • Relocation assistance is not available for this position
  • Security Mutual is an Equal Opportunity Employer

→ Apply On Line

Syracuse, NY

There are currently no positions available

Mission Statement

Security Mutual’s corporate mission is to provide sound and equitable protection for financial needs resulting from death, disability or retirement. This mission is carried out through manufacturing and distributing life insurance, disability insurance and annuity products for individuals and groups and treating with dignity and respect all who put their trust in us.

As a mutual life insurance company, Security Mutual is managed for the benefit of its policyholders.

To that end, Security Mutual seeks to recruit, develop and train a highly motivated team of results-oriented employees.

Pin It on Pinterest

Share This