Actuarial Associate
- Responsible for developing and maintaining actuarial models to project future financial performance of New York Life business
- Prophet model conversions and ALS model development based on centralized governance policy.
- Modeling advanced product features and reinvestment / hedging methods.
- Build business and corporate functionality into consolidated ALM models enabling enterprise wide risk assessment.
- Work with the business units to understand requested model changes, prioritization, execute test plans, and assist in model acceptance.
- Implementation of Prophet Enterprise modules to support governance and process automation.
- Implementation of the Single Platform functionality for valuation.
- Document all changes and testing to the models.
Prefer cumulative GPA of 3.0 or higher
2 – 5 years of prior full-time actuarial or analytical experience
Passage of three or more Society of Actuaries Exams required
Analytical skills
MS Excel
MS PowerPoint
time managment skills
Modeling packages
Results Oriented
Attention to detail
Self-Driven
Communication Skills
According to JobzMall, the average salary range for a Actuarial Associate in 51 Madison Ave, New York, NY 10010, USA is $67,000 to $95,000 per year. This salary range is based on salaries reported by actual Actuarial Associates in this location.
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New York Life Insurance Company is the third-largest life insurance company in the United States, the largest mutual life insurance company in the United States.
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