Actuarial Assistant (Philadelphia) Job at New York Life in New York

Overview 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'll 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. Role Overview This role is part of the full-time actuarial development program. 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 ample opportunities to improve business and leadership skills that will enable advancement through the company. What You’ll Do Our multitude of roles offer traditional and non-traditional actuarial opportunities across an array of insurance products and functions where you may: 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 range: $60,000 - $105,000 Overtime eligible: Exempt Discretionary bonus eligible: Yes Sales bonus eligible: No Recognized as one of Fortune World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We operate in the best interests of our policy owners. To learn more, please visit LinkedIn, our Newsroom, and the Careers page of www.NewYorkLife.com. Job Requisition ID: 92496 #J-18808-Ljbffr