Actuarial Development Program: Unum
Wednesday, August 4th, 2010Unum is a company of people serving people.
As one of the world's leading employee benefits providers and a Fortune 500 company, Unum helps protect more than 25 million working people and their families in the event of illness or injury and offers professionals every possibility for growth.
Whether we're helping customers or building careers, we're experts at creating the kind of advantages that help people reach their goals.
Headquartered in Chattanooga, Tennessee, Unum has significant US operations in Portland, Maine, Worcester, Massachusetts and Glendale, California, with 35 field offices nationwide.
The Actuarial Development Program (ADP) at Unum has been in existence for over 40 years, and provided guidance and support to hundreds of actuaries early in their careers.
Many have built on the foundation provided by the ADP and grown into executive leaders at Unum and across the insurance industry.
Unum's ADP is built around three key elements: Targeted development of actuarial, financial and leadership skills Rotational work assignments to promote broad business awareness Comprehensive exam support towards the pursuit of Fellowship Each ADP participant has a unique development plan based on their own abilities, experience and career aspirations.
Development opportunities are offered in forums including on-the-job training, classroom training, leadership programs, and speaker series.
In addition, all ADP participants have frequent interaction with corporate officers.
Roughly every 18 months, ADP participants rotate to a new area of the business to learn a new product or discipline, gain new perspectives, and continue their development as actuaries.
Traditional actuarial rotations take place in areas such as pricing, reserve valuation, and claims risk analysis, but some rotations extend well beyond traditional financial roles.
Unum expects ADP participants to make consistent progress towards Fellowship.
The exam process is rigorous, and Unum recognizes this by providing significant assistance and rewards to reflect the commitment required.
Our Actuarial Education Program provides company-paid study time, covers the cost of textbooks, study guides, preparatory seminars, and exam fees, and offers generous salary increases for each exam passed.
What We Look for in ADP Candidates Undergraduate or graduate degree in Math, Actuarial Science, Finance or a related quantitative area with a minimum GPA o
3. 2 Completion of one actuarial exam and commitment to achieving Fellowship Creative problem-solving ability Demonstrated communication and interpersonal skills Leadership instincts Proficiency with Microsoft Office Practical experience with a programming language or statistical software Previous analytical work experience preferred Legally eligible to work in the United States Unum offers competitive pay, relocation assistance and excellent benefits.
Come join us if you're interested in working in an exciting and challenging environment for a company that is on the move! Unum is an equal opportunity and affirmative action employer regardless of a person's race, color, religion, national origin, age, disability, military status, gender or sexual orientation.
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Actuarial Development Program: Unum
Company: Unum
Relevant Work Experience: 1-2 Years Experience
Education Level: Other
Job Status: Full-Time, Employee