Actuary performing experience studies for Retirement products at Voya Financial. Overseeing calculations and assumptions, supporting regulatory initiatives, and collaborating across teams.
About the role
- Accountable for actuarial model production and analysis while supporting business partners in projections. Involved in actuarial model development and testing in response to regulations and initiatives.
Responsibilities
- Input review/preparation/analysis and model run execution.
- Develop, enhance, and modify current tools using VBA code.
- Lead modeling projects related to changes in regulations or company initiatives.
- Analyze model results for reasonableness, key drivers, and interaction of assets and liabilities.
Requirements
- Bachelor’s degree in Computer Science, Finance, Engineering, Actuarial Science, or a directly related field
- ASA with 4 or more years of experience with focus on annuities and group life products.
- Knowledge of reserves, assets, liabilities, & financial statements.
- Highly analytical, strong oral and written communication skills, detail oriented with an ability to solve complex business problems; capable of effectively communicating with all audiences.
- Ability to work independently and in a team environment
- Demonstrates high ethical standards and personal integrity
- Strong knowledge of Excel, VBA is required
- Experience with actuarial model platforms such as Risk Agility or Prophet is preferred.
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
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