New York Life Insurance Company is hiring: Actuarial Assistant (Philadelphia) in

Overview

Actuarial Assistant (Philadelphia) role at New York Life Insurance Company.

Location designation: Hybrid - 3 days per week.

Join Corporate Finance where expertise meets strategic impact. Partner with diverse business units, providing financial insights and guiding sound decision-making. You will work collaboratively to ensure data accuracy, implement robust controls, and safeguard policy owner interests. Become part of a team dedicated to financial stewardship, enabling business performance, and paving the way for a secure future for generations to come.

What You’ll Do

• Develop premiums and benefits for new and enhanced individual and group insurance and annuity products
• Design new products and product features
• Monitor experience and develop modeling assumptions
• Project profitability and analyze drivers of financial performance
• Evaluate matching of assets and liabilities including development of optimal investment strategy
• Quantify risk exposure and propose ways to manage risk
• Perform actuarial research and statistical analyses
• Perform special projects as assigned

What You’ll Bring

As an Actuarial Assistant, you will possess excellent communication and interpersonal skills, along with a strong analytical mindset and effective decision-making abilities.

Required Skills

• Bachelor\'s degree with preferred majors in Actuarial Science, Mathematics, Statistics, Engineering, Sciences, Economics, or Finance

Preferred Skills

• Prefer cumulative GPA of 3.0 or higher
• Prefer passage of two or more Society of Actuaries exams (working toward ASA/FSA designation in the Society of Actuaries)
• Prefer knowledge of modeling packages, programming languages, and spreadsheet/database software

Salary and Benefits

• Salary range: $60,000 - $105,000
• Overtime eligible: Exempt
• Discretionary bonus eligible: Yes
• Sales bonus eligible: No

Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.

Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism. We operate in the best interests of our policy owners and invite you to bring your talents to New York Life to help families and businesses “Be Good At Life.”