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Position: Senior Actuarial Associate
Institution: New York Life Insurance Company
Location: New York City, New York, United States
Duties: Develops premiums and benefits for new and enhanced insurance and annuity products; Designs new products and product features; Projects profitability generated by Company’s products; Prepares studies of financial experience; Analyzes matching of assets and liabilities including developing optimal investment strategy; Quantifies company risk exposure and proposes ways to minimize risk; Assists in the determination of dividend scales; Performs actuarial research and statistical analyses; Performs special projects as assigned
Requirements: ASA working toward FSA designation in the Society of Actuaries or recent FSA; Full-time actuarial or analytical experience; Prefer cumulative GPA of 3.0 or higher; Bachelor's degree with preferred majors in Actuarial Science, Mathematics, Statistics, Engineering, Sciences, Economics, or Finance
   
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Modify Cookie Preferences Accept All Cookies Press Tab to Move to Skip to Content Link Skip to main content Explore New York Life Our People Our Diversity Our Strength Our Products Professional tracks Featured opportunities Actuarial Administrative Apogem Capital Campus and early career Clinical positions/Medical management Customer service Dallas careers Data analytics Finance and accounting Human Resources Insurance Investments Legal, compliance, and risk Marketing and communications Sales and distribution support Technology Underwriting View all available opportunities Hear about our open roles Search jobs by keyword or location Explore New York Life Our People Our Diversity Our Strength Our Products Professional tracks Featured opportunities Actuarial Administrative Apogem Capital Campus and early career Clinical positions/Medical management Customer service Dallas careers Data analytics Finance and accounting Human Resources Insurance Investments Legal, compliance, and risk Marketing and communications Sales and distribution support Technology Underwriting View all available opportunities Hear about our open roles View Profile Search jobs by keyword or location × Select how often (in days) to receive an alert: Create Alert × Select how often (in days) to receive an alert: SENIOR ACTUARIAL ASSOCIATE APPLY NOW » APPLY NOW Apply Now Start apply with LinkedIn Start Please wait... Date: May 14, 2023 Location: New York, NY, US Company: New York Life Insurance Co Location Designation: Hybrid 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. 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 and prove valuable throughout one's career. Responsibilities include: • Develops premiums and benefits for new and enhanced insurance and annuity products • Designs new products and product features • Projects profitability generated by Company’s products • Prepares studies of financial experience • Analyzes matching of assets and liabilities including developing optimal investment strategy • Quantifies company risk exposure and proposes ways to minimize risk • Assists in the determination of dividend scales • Performs actuarial research and statistical analyses • Performs special projects as assigned Qualifications: • ASA working toward FSA designation in the Society of Actuaries or recent FSA • Full-time actuarial or analytical experience, • 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 • Knowledge of modeling packages, programming languages, and spreadsheet/database software Salary range: $105,000-$160,000 Overtime eligible: Exempt Discretionary bonus eligible: Yes Sales bonus eligible: No Click here to learn more about our benefits . Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required. Please note: At this time, employees of Group Benefit Solutions can be considered for open positions within Group Benefit Solutions only. Applications from Group Benefit Solutions employees for open positions within other New York Life businesses are unable to be considered. Nearest Major Market: Manhattan Nearest Secondary Market: New York City Job Segment: Accounting, Actuarial, Database, Engineer, Finance, Insurance, Technology, Engineering APPLY NOW » APPLY NOW Apply Now Start apply with LinkedIn Start Please wait... Find similar jobs: Insurance Jobs in New York City, Database Jobs in New York City, Actuarial Jobs in New York City, Actuarial Jobs, Accounting Jobs in New York City Terms of use Privacy Policy California Employment Privacy Notice Disability Accommodations New York Life is an Equal Opportunity Employer - M/F/Veteran/Disability/Sexual Orientation/Gender Identity Cookie Preference Center/Do Not Sell or Share My Personal Information © 2019 New York Life Insurance Company, New York, NY. All rights reserved. × Cookie Consent Manager We use cookies as necessary to allow the website to function, to offer you the best possible website experience, and to display content and advertisements tailored to your interests. You can enable or disable certain cookies listed below using the toggles and then clicking Confirm My Choice. Your cookie preferences will be stored in your browser’s local storage until you clear your cache and cookies on your browser. 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