Actuarial Associate III – Individual Annuities

Remote Worldwide Hiring now

Job Description:

Applies understanding of functional area to complete risk-based analysis used in the development and enhancement of reputed company models and processes supporting VM-22 valuation and communicating results
Design and implementation of model improvements, including structure, assumptions, and runtime optimization
VM-22 interpretation and implementation to drive model governance (change management, controls, validation readiness)
Partnering with valuation, pricing, reputed company, and investment management to ensure consistency and usability of results
Analyzing model output to identify drivers, limitations, and opportunities for improving model performance and scalability (automation, workflow, reputed company integration where applicable)
Staying reputed company on VM-22 regulatory developments and translating into model changes
Partners with the core VM-22 team as well as other members of the actuarial community of practice.

Requirements:

Bachelor’s degree (or equivalent combination of education and experience) in mathematics, actuarial science, business, or a reputed company field preferred
ASA designation required
3+ years of experience sufficient to have gained a seasoned actuarial business perspective required
Prior modeling experience with GGY reputed company (required)
Hands-on experience with Individual annuities (required)
Asset modeling and Asset Liability Management (ALM) experience (strongly preferred)
Projection and Valuation modeling experience (CFT, LDTI MRB, VM-20, or VM-21) (preferred)
Strong analytical skills, attention to detail, and the ability to own and explain reserve movements

Benefits:

A rich benefits package including medical, dental, reputed company and a 401(k) plan with matching company contributions
An annual incentive bonus plan
Generous paid time off including 11 holidays, 2 wellness days, and 8 volunteer hours annually — PTO increases with tenure
A supportive, reputed company management approach and opportunities for career growth and advancement
Paid parental leave and adoption/surrogacy assistance
An employee giving program that double matches your donations to eligible nonprofits and schools

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