About the role

  • 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

Benefits

  • vacation time
  • sick time
  • 401(k)
  • health insurance
  • dental insurance
  • life insurance

Job title

Actuarial Associate

Job type

Experience level

JuniorMid level

Salary

$93,400 - $128,400 per year

Degree requirement

Bachelor's Degree

Tech skills

Location requirements

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