Actuarial Associate - Financial Planning and Analysis

Job Requisition ID: 94002

Location Designation: Fully Onsite 

Location: 44 South Broadway, White Plains, New York 10601

Offered Wage: $131,600.00 - $171,500.00/year

Duties: Collect, validate, and maintain complex financial and operational data to ensure accuracy, timeliness, and integrity of results. Organize and structure large datasets to enable analysis and accessibility for financial and actuarial reporting. Perform quantitative analyses, including present and future value calculations, assessment of premiums, reserves, liabilities, profits, and cash flows across insurance products. Prepare studies of financial experience. Apply actuarial and financial modeling techniques to evaluate financial performance and prepare analyses for senior management. Develop, enhance, and maintain reporting and data visualization tools (e.g., Tableau, SQL, Excel) to support financial and actuarial modeling processes. Design and validate templates and automated tools to ensure accuracy of key performance metrics. Analyze and interpret financial results, identify risks, and validate underlying assumptions in support of strategic and regulatory decision-making. Perform actuarial research and statistical analyses. Perform special projects as assigned.

Education & Experience Requirements: Bachelor's degree in Actuarial Science, Mathematics, Statistics, Economics, Finance or related field (willing to accept foreign education equivalent) plus two (2) years of experience as an Actuarial Associate, Actuarial Associate – Financial Planning and Analysis or related occupation driving product implementation, enhancing valuation systems, validating reserves, and streamlining reporting and assumption analyses. Specific skills/other requirements - Experience must include (quantitative experience requirements not applicable to this section): Building, maintaining, and interpreting financial templates and visualizations, including income statements and balance sheets, primarily using Excel; Working with large and complex data sets to generate actuarial insights, performing regular data validation, reconciliation, and updates to ensure accuracy and integrity; Developing and maintaining financial and actuarial models incorporating actuarial assumptions including mortality, lapse, reserve; Developing and maintaining financial and actuarial models incorporating actuarial assumptions for mortality, lapse, interest, sales, and Value of New Business (VNB); Evaluating financial and actuarial results to assess risk, profitability, and business implications; and Reporting actuarial insights effectively through reports, presentations, and professional documentation, emphasizing clarity, risk analysis, and business impact. Must have passed at least 4 actuarial exams, and be actively pursuing ASA and FSA. Eligible for Employee Referral Program. To apply, visit https://jobs.newyorklife.com/ and search job title.

Pay Transparency

Overtime eligible: Exempt 

Discretionary bonus eligible: No 

Sales bonus eligible: No 

Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.

Our Benefits

We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Commitment to Inclusion
At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life’s leadership in this space.​

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. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.

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Job Requisition ID: 94002