Actuarial Co - op supporting pricing and profitability analyses for small businesses at digital insurance brokerage. Collaborating cross - functionally and coding models in Python and SQL.
About the role
- Actuary developing pricing strategies and supporting insurance product development at Guardian. Collaborating across teams to enhance equity hedging and annuity pricing processes.
Responsibilities
- Support existing annuity pricing processes as well as new product development initiatives, or enhancements to existing models or offerings with focus on products that include financial derivatives
- Create trade instructions for the trading team concerning all equity hedging programs
- Monitor, analyze and improve equity hedging strategies for RILA and FIA insurance products
- Design, develop and maintain tools and systems to execute the equity hedging and NGE processes in a highly automated fashion
- Develop recommendations for Non-Guaranteed Elements (NGE, mostly renewal rates) of annuity and life insurance products and present them to senior leaders
- Perform ad hoc analysis related to equity hedging and NGE and communicate to senior leadership
- Design, develop, and support in-house IT system to calculate segment interim value of the Guardian RILA product
Requirements
- Recent FSA designation from the Society of Actuaries
- 5+ years of relevant experience preferably in areas such as hedging, pricing, Economic Capital or Cash Flow Testing modeling and reporting
- Ability to design and program technical solutions
- Knowledge of financial derivatives and hedging a plus
- Experience with Python and VBA a plus
- Experience with asset and/or liability modeling on any modeling platform a plus
- Excellent analytical, problem-solving, and communication skills
- Knowledge of individual or group annuity products, such as Registered Index Linked Annuities, Fixed Index Annuities and other individual or group in-plan annuity solutions, a plus
- Ability to work independently and lead multiple projects in a collaborative team environment
- Proficiency in Microsoft Office
Benefits
- Health insurance
- Flexible working arrangements
- Professional development opportunities
- Annual, sales, or other incentive compensation
Job title
Job type
Experience level
Salary
Degree requirement
Tech skills
Location requirements
Principal Actuary supporting Medicare Advantage at Blue Cross NC. Analyzing medical cost performance and collaborating with senior leadership for strategic decision - making.
Senior Director overseeing Business Insurance Actuarial Product development and strategic initiatives. Leading actuarial analyses, team management, and communication with senior leaders.
Actuarial Pricing Director advancing pricing methodologies and leading transformation initiatives at Verisk. Collaborating with diverse teams to enhance analytical processes for commercial lines.
Actuarial and Investments Intern supporting actuarial and investment functions in product pricing and financial reporting. Assists with data analysis, automation, and cash flow analysis for commercial loans.
Student Actuary responsible for pricing and product development using actuarial software. Engaging in core actuarial functions and compliance work.
Analyst providing end - to - end support for model - based filings under pricing guidance. Collaborating with pricing actuaries and modelers for regulatory submissions.
Actuarial Analyst supporting pricing, reserving, and financial reporting functions at Assurant. Engaging in advanced analysis and participating in exam and rotational programs in the Actuarial organization.
Actuarial Analyst at Hipotecario Seguros calculating technical reserves and analyzing business information. Providing support to audits and participating in reinsurance contracts.
Actuarial Analyst launching actuarial career with Securian Financial through comprehensive rotational program. Hands - on experience in various actuarial functions with mentorship and coaching.