Actuarial Associate

NY Life
New York, NY
Category Accounting
Job Description
Role Overview

This role is part of the actuarial development program, providing a broad background in theoretical and practical applications of actuarial science through rotating job assignments and support towards completing actuarial exams. The role offers opportunities to improve business and leadership skills, enabling advancement through the company.

What You Will Do

Responsibilities may include developing premiums and benefits for new insurance products, designing new products, monitoring experience, calculating reserves, projecting product profitability, and quantifying risk exposure.

Why It Might Be a Fit

The ideal candidate will have near ASA with intention to work towards FSA designation, strong communication and interpersonal skills, analytical mind, and decision-making abilities.

Requirements

  • Near ASA with intention to work towards FSA designation
  • Passage of three or more Society of Actuaries Exams
  • 2+ years of prior full-time actuarial experience
  • Bachelor's degree in Actuarial Science, Computer Science, Data Science, Mathematics, Statistics, Engineering, Economics, or Finance
  • Cumulative GPA of 3.0 or higher
  • Strong communication and interpersonal skills
  • Analytically minded
  • Strong decision-making abilities
  • Knowledge of modeling packages, programming languages, and spreadsheet/database software

Benefits

  • Annual discretionary bonus
  • Leave programs
  • Adoption assistance
  • Student loan repayment programs
  • Full package of benefits for employees
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