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Actuarial teams are at the heart of our business at OneAmerica. To continue our long legacy of serving policyholders, we support the development of actuarial students and credentialed actuaries to their fullest potential. From exam support to leadership development, OneAmerica offers opportunities for all actuarial associates to grow and determine their own career path.
“Through a combination of formal rotations, experiences, education and leadership development, we’re committed to developing our skilled and competent actuaries into financial athletes, executives and industry influencers.”
— Tim Bischof, senior vice president and chief actuary
Our student programs support the growth of those beginning their actuarial careers through formal connections, education and networking opportunities.
At OneAmerica, students move to new roles approximately every two years to broaden industry knowledge and experience different types of actuarial work. Our rotation process involves interviewing with leadership from different teams to ensure that each student is rotating to a role that will help them achieve their professional goals.
The OneAmerica student program consists of Actuarial Assistants and Associate Actuaries. Students pursuing the Associate of the Society of Actuaries (ASA) designation start with OneAmerica as Actuarial Assistants. Once the ASA designation has been reached, students can be promoted to Associate Actuaries while in pursuit of the Fellow of the Society of Actuaries (FSA) designation.
Pricing • Valuation • Financial Reporting • Modeling • Enterprise Risk Management • Asset Liability Management • Product Development
“The level of support provided by the Student Program — both financially and motivationally — allows me to maintain work-life balance while still working toward my credentials. And the ability to work in multiple student rotations provides opportunities to explore different actuarial roles and set future career goals.”
— Molly, actuarial assistant in Individual Life and Financial Services
Exam support
Students receive reimbursement for registration fees and the costs of study materials, company-paid study time, and salary increases and bonuses when passing individual exams and meeting requirements.
Educational opportunities
Quarterly educational lunch and learns feature OneAmerica associates at various levels of their careers and from across the company. Students have the opportunity to present to their colleagues on a topic from a recently completed SOA requirement that connects to their work.
Mentorship program
All students may choose to be paired with an actuarial mentor who has received the FSA designation, at any level of the company.
Compensation and benefits
Actuarial students receive competitive compensation, including ongoing salary adjustments throughout their journey to ASA and FSA designations and one-time bonuses for first-attempt exam completion. Our compensation packages include 401(k), defined benefits (pension), paid time off, free on-site parking and more.
Social and team events
Actuarial students can participate in off-hours planned social events throughout the year. Students gather frequently and informally for study sessions, happy hours and social interaction. Student events can range from attending sporting events, picnics and holiday parties, to participating in the annual kickball league.
The OneAmerica actuarial student program is open to any recent graduate or professional currently working toward their ASA or FSA designation. Applications for the student program are open online year-round.
“The rotational program has helped me to become a more well-rounded actuary by giving me the opportunity to work in multiple disciplines, as well as experience working directly in a line of business and in a corporate function. Each role has very different types of problems to solve, which has helped me to build my knowledge in completely new directions.”
Madelyn, associate actuary in Corporate Actuarial Valuation
“Having worked in multiple areas of the company already, I’ve learned a lot about what areas of actuarial work interest me the most, and just as important, I’ve been able to develop business and communication skills through interacting with a wide variety of teams, from Marketing and Sales to IT.”
JT, director in Corporate Actuarial Modeling, Received FSA in 2021
“The rotational program not only provides opportunities for students to develop actuarial knowledge, but also provides opportunities for students to develop various software skills while remaining in a familiar OneAmerica environment.”
Taishi, associate actuary in Employee Benefits
“From assisting runners as part of the 500 Festival Mini- Marathon to spending a day volunteering in the community during the annual Week of Caring, associates are encouraged to take advantage of the many opportunities to get involved and give back to their community.”
Lucy Dobbs, associate actuary in Corporate Actuarial Valuation
Note: Testimonials are the personal views of the individual. These opinions are not necessarily indicative of future performance or results and may not reflect the experience of all individuals.
Development for OneAmerica actuaries continues well after they become FSAs. The Actuarial Executive Development Program (AEDP) provides development opportunities for actuarial team associates to become well-rounded financial athletes and prepares them for senior leadership roles at the company.
“The more involved I became in leadership development opportunities, the more I envisioned what my career could become. By broadening my experience and deepening my skill set, I was able to pursue new avenues in my career.”
— Dennis Martin, president, Individual Life and Financial Services
Note: Dennis began his career as an actuary and now leads the individual life, annuity and LTC combo business at OneAmerica.
Actuarial community volunteer leadership opportunities
Our actuaries are encouraged to give back to and build the profession while developing their leadership skills. These opportunities can be within OneAmerica or in industry groups.
Leadership in diversity, equity and inclusion initiatives
What started as dedicated development and networking opportunities internally and externally, now reflects the full scope of our corporate diversity, equity and inclusion initiatives.
Serving as a professional resource
A focus on building communication skills helps actuaries become better able to provide credible guidance to their audiences, gain exposure to complex business decisions and prepare for presentations to senior leaders.
Integrated succession planning and career pathing
There’s a strong emphasis on promotion from within at OneAmerica. We focus on each actuary’s journey intentionally and offer development opportunities and evaluation of readiness one position at a time. Credentialed actuaries in our program are encouraged to build their own career paths based on their experience and interests.
MBA and investment banking mindset
Actuaries participate in educational sessions and case studies to build business acumen through exposure to investment bankers and industry financial professionals covering a variety of financial topics.
We take care of people, and that includes our associates. With our strong company values as a foundation, we give you the freedom and confidence to do your best. We’ll help you grow, empower you to take care of customers and provide opportunities to serve the community, build relationships and have some fun.
“Career paths aren’t something that just happen in our actuarial program; they are intentional, actively and sincerely supported by actuarial and enterprise leadership. The encouragement I have received to always keep growing has been a powerful motivator in my growth as an actuary and a leader.”
— Patti, assistant vice president, Pricing & Product Development