Actuarial Associate supporting the development, enhancement, and documentation of annuity actuarial risk models. Involves actuarial reporting, analysis, and collaboration with stakeholders.
Responsibilities
Support quarterly and ad‑hoc annuity risk reporting and analysis, including preparation, validation, and communication of results and insights to management and key stakeholders.
Assist in evaluating the impacts of model change requests by developing expertise in market sensitivities, Statutory and GAAP accounting, and actuarial modeling techniques.
Develop subject matter expertise in Prophet annuity models, including run settings, model structures, execution processes, and results retrieval.
Serve a critical role in the annuity risk model development cycle by leading testing of model enhancements to ensure accuracy of risk reporting results and enable new risk mitigation solutions.
Support the validation, development, and maintenance of model documentation requirements and business controls related to actuarial modeling and reporting.
Support the development and implementation of process improvements and automation initiatives.
Provide critical support to model owners in meeting ongoing model governance requirements.
Maintain actuarial credentials through ongoing professional development.
Requirements
Bachelor’s degree or equivalent (4 years)
3 or more years relevant actuarial or related experience
All Introductory ASA exams plus 1 Actuarial/Advanced ASA Exam or Requirement Validation by Educational Experience (VEE) coursework completion
Ability to work independently; self-starter
Strong technical skill set (e.g. actuarial modeling software, Python, Excel & other Microsoft Office applications)
Strong analytical, quantitative and problem-solving skills
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