Associate Actuary driving complex client projects, providing vital analytical support in actuarial consulting for Milliman, serving various risk and financial sectors.
About the role
- Associate Actuary designing and implementing Life Insurance products at Corebridge Financial. Leading group benefits reporting and collaborating cross-functionally in a hybrid working environment.
Responsibilities
- Design, price, and implement Life Insurance products, balancing profitability, marketability, and risk.
- Lead Group Benefits reporting requirements for Minimum Loss Ratio (MLR) under Patient Protection and Affordable Care Act (PPACA), large client annual reporting on their plan performance etc.
- Assumption development, state filings and approval documents for Traditional Life products.
- Review emerging experience and adjust assumptions and pricing as necessary.
- Collaborative mindset to work cross functionally (Product Development, Finance, Risk, Compliance, Legal, Distribution, Reinsurance etc.)
Requirements
- New FSA preferred; Career ASA or near FSA with 5+ years of experience will be considered.
- Bachelor degree in Actuarial Science, Mathematics, Finance or a related field.
- Proficient in at least one actuarial pricing projection software, ideally PROPHET or AXIS.
- Ability to work well in teams.
- Ability to handle multiple projects and meet tight deadlines.
- Excellent oral and written communication skills.
- Customer oriented individual providing strong customer service to internal stakeholders.
- Demonstrated technology skills, including knowledge of Microsoft Excel and computer programming (VBA, C++).
- Strong problem-solving skills.
- Looking for someone hands-on and willing to learn.
Benefits
- Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
- Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
- Employee Assistance Program: Confidential counseling services and resources are available to all employees.
- Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
- Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
- Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.
Job title
Job type
Experience level
Salary
Not specified
Degree requirement
Tech skills
Location requirements
Actuarial Analyst handling key analyses for clients at Milliman. Engaging in complex data manipulation and client communication across insurance sectors.
Manager in IFRS 17 Consulting at PwC. Working with insurance clients in a multidisciplinary team to optimize financial processes and advise on IFRS 17 implementation.
Actuary on Life Reinsurance team overseeing transactions and compliance at Lincoln Financial. Responsible for developing processes and ensuring organizational readiness for reinsurance deals.
Actuarial Associate in a structured development program with Strongpoint Partners. Gaining practical experience and preparing for ASPPA actuarial exams through rotational assignments and mentorship.
Actuarial Manager/Senior Manager delivering solutions for P&C clients through analysis and collaboration with teams. Engaging with clients and driving business development in actuarial projects.
Consultant in P&C Actuarial Practice providing data - driven insights using actuarial methodologies and analysis. Collaborating with clients and engineering teams to enhance decision - making processes in risk management.
Director of Actuarial Valuation leading valuation strategies and governance for Securian Financial. Collaborating with executive leadership to enhance financial reporting and business strategy.
Leads a team managing valuation, pricing, and risk management processes in the Life Insurance sector. Provides support and insights to actuarial management and business partners.
Actuary developing and maintaining actuarial valuation reporting processes on a GAAP, STAT, Tax basis for TruStage. Collaborating with various departments to support financial performance and solvency.