About the role

  • Actuary performing experience studies for Retirement products at Voya Financial. Overseeing calculations and assumptions, supporting regulatory initiatives, and collaborating across teams.

Responsibilities

  • Lead experience studies and support actuarial assumption development
  • Perform and oversee Cash Flow Testing analysis for Retirement annuity products
  • Support preparation of annual actuarial memorandums and related documentation
  • Design and maintain controls and governance around assumptions and CFT processes
  • Partner with valuation and finance teams to support actuarial analysis and reporting
  • Partner with valuation, ALM, finance, data, and IT teams to support assumption settings and actuarial memorandum work
  • Leverage advanced analytics and AI-enabled tools (e.g., predictive analytics and Copilot-supported workflows) to enhance experience studies and assumption analysis
  • Manage and/or provide technical guidance to staff
  • Contribute to special projects and regulatory initiatives, as needed

Requirements

  • Bachelor’s degree in Mathematics, Actuarial Science, Finance or related business discipline
  • ASA or newly credentialed FSA
  • 5-6+ years financial, insurance industry, or actuarial experience
  • Excellent computer skills (especially Excel, Access, Visual Basic)
  • Strong analytical skills and advanced knowledge of actuarial statistics/assumptions; ability to use this knowledge to lead/develop solutions to ad-hoc requests or issues
  • Ability to challenge current methodologies/approaches and develop more efficient and effective solutions
  • Strong understanding of insurance products and insurance company operations
  • Ability to communicate effectively with manager, other team members and partners/customers

Benefits

  • Health, dental, vision and life insurance plans
  • 401(k) Savings plan – with generous company matching contributions (up to 6%)
  • Voya Retirement Plan – employer paid cash balance retirement plan (4%)
  • Tuition reimbursement up to $5,250/year
  • Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
  • Paid volunteer time — 40 hours per calendar year

Job title

Associate Actuary

Job type

Experience level

JuniorMid level

Salary

$125,000 - $140,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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