Actuarial Assistant

New York Life Insurance Co; Tampa (FL); Hybrid; USD 58,000 - 100,000; Full time

Benefits offered by this job

Benefits package

Job summary

New York Life Insurance Co. in Tampa, FL is seeking an actuarial professional with a recent or upcoming Bachelor’s degree and ongoing SOA exam progress.

The role focuses on developing premiums, designing products, and projecting profitability while supporting statutory and tax valuation requirements. The position offers a hybrid work arrangement (in-office Tue–Thu; Mon and Fri remote) with a comprehensive benefits package, performance incentives, and opportunities for career advancement in a

Qualifications

• Passage of one or more Society of Actuaries exams (working toward ASA/FSA designation)
• A recent or upcoming college graduate, with a Bachelor’s degree with an accredited college or university (preferred majors in Actuarial Science, Mathematics, Statistics, Engineering, Sciences, Economics, or Finance)
• Prefer cumulative GPA of 3.0 or higher
• Strong written and oral communication, and strong interpersonal skills
• Strong analytical and problem-solving skills
• Prefer knowledge of modeling packages, programming languages, and spreadsheet/database software

Responsibilities

• Developing premiums and benefits for new or enhanced insurance products
• Designing new products and product features
• Projecting profitability generated by the company’s products
• Preparing studies on financial experience
• Performing actuarial research and statistical analysis
• Completing Statutory and Tax valuation requirements
• Building and testing actuarial models
• Performing special projects as assigned

Skills

Strong communication

Analytical skills

Problem-solving

Modeling software knowledge

Programming languages

Education

Bachelor’s degree in Actuarial Science/Math/Statistics/Engineering/Economics/Finance

Tools

Actuarial software

Spreadsheet/database software

Job description

Location Designation: Hybrid – 3 days per week

This position is hybrid in our Tampa, FL office. Tuesday – Thursday in office, Monday & Friday work from home.

New York Life is one of the leading writers of individual life insurance in the U.S. In 1994, the company opened its direct marketing (‘Direct’) operation in Tampa, FL, which markets Group Life insurance products to AARP members.

Business Overview:

Actuaries at New York Life are actively involved in many aspects of the company’s operations, including the design and pricing of products, the evaluation of the company’s financial results, and setting the strategic vision of the company. We provide our actuarial professionals 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 significant opportunities to improve business and leadership skills that will enable advancement through the company and prove valuable throughout one’s career.

What You’ll Do:

• Developing premiums and benefits for new or enhanced insurance products
• Designing new products and product features
• Projecting profitability generated by the company’s products
• Preparing studies on financial experience
• Performing actuarial research and statistical analysis
• Completing Statutory and Tax valuation requirements
• Building and testing actuarial models
• Performing special projects as assigned

What You’ll Bring:

• Passage of one or more Society of Actuaries exams (working toward ASA/FSA designation)
• A recent or upcoming college graduate, with a Bachelor’s degree with an accredited college or university (preferred majors in Actuarial Science, Mathematics, Statistics, Engineering, Sciences, Economics, or Finance)
• Prefer cumulative GPA of 3.0 or higher
• Strong written and oral communication, and strong interpersonal skills
• Strong analytical and problem-solving skills
• Prefer knowledge of modeling packages, programming languages, and spreadsheet/database software

Pay Transparency

Salary Range: $57,500-$100,000

Overtime eligible: Exempt

Discretionary bonus eligible: Yes

Sales bonus eligible: No

Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.

Company Overview

At New York Life, our 180-year legacy of purpose and integrity fuels our future. As we evolve into a more technology-, data-, and AI-enabled organization, we remain grounded in the values that drive lasting impact.

Our diverse business portfolio creates opportunities to make a difference across industries and communities-inviting bold thinking, collaborative problem-solving, and purpose-driven innovation. Here, you’ll find the rare balance of long-standing stability and forward momentum, supported by an inclusive team that honors tradition while embracing progress.

As a Fortune 100 mutual company, we offer a place to grow your skills, contribute to meaningful work, and deliver solutions that matter. Your ideas drive what’s next, and your growth powers it.

Our Benefits

We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work.

Our Commitment to Inclusion

At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities.

Job Requisition ID: 92536

About NY Life Insurance Company

Diversity & Humanity-two values that are deeply rooted in the New York Life culture and have laid the foundation for over 175 years of commitment to our employees, agents, policy owners, and the communities where we live and work. At New York Life you become a valued part of a welcoming, inclusive, and caring culture that has a long-standing legacy in stability and growth. The strength of New York Life revolves around our diversified, multi-dimensional business portfolio that goes beyond life insurance, and we want you to be a part of our legacy.

As a Fortune 100 company and industry leader, we provide an environment where you can explore your career ambitions, offering opportunities to tackle meaningful challenges and stretch your skills while balancing work and life priorities. You will be part of a diverse team guided by our belief to always be there for each other-providing the support and flexibility to grow and reach new heights while making an impact in the lives of others.

You are our future, and we commit to investing in you accordingly.

Visit our Linkedin to see how our employees and agents are leading the industry and impacting communities.

Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients’ and employees’ needs.