Actuarial Assistant

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Date: Sep 27, 2022

Location: New York, NY, US

Company: New York Life Insurance Co

 

 

When you join New York Life, you’re joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You’ll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.

 

 

This role is part of the full-time actuarial development program.  We provide our actuarial trainees with a broad background in both the theoretical and practical applications of actuarial science by combining challenging rotating job assignments and significant support towards the completion of the actuarial exams. We also provide significant opportunities to improve business and leadership skills that will enable advancement through the company.  Our multitude of roles offer traditional and non-traditional actuarial opportunities across an array of insurance products and functions where you may:


• Develop premiums and benefits for new and enhanced insurance and annuity products
• Design new products and product features
• Project profitability generated by Company’s products
• Prepare studies of financial experience
• Analyze matching of assets and liabilities including developing optimal investment strategy
• Quantify company risk exposure and propose ways to minimize risk
• Assist in the determination of dividend scales
• Perform actuarial research and statistical analyses
• Perform special projects as assigned

 

 Qualifications:

• Prefer cumulative GPA of 3.0 or higher
• Bachelor's degree with preferred majors in Actuarial Science, Mathematics, Statistics, Engineering, Sciences, Economics, or Finance
• Strong communication and interpersonal skills
• Analytically minded
• Strong decision making abilities
• Prefer passage of two or more Society of Actuaries exams (working toward ASA/FSA designation in the Society of Actuaries)
• Prefer knowledge of modeling packages, programming languages, and spreadsheet/database software

 

Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.

Job Requisition ID: 87546

 

 

 


Nearest Major Market: Manhattan
Nearest Secondary Market: New York City

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