Actuarial Assistant: Modeling, Pricing & Analysis

Navy Mutual; Arlington (VA); On-site; USD 81,000 - 101,000; Full time

Job summary

Navy Mutual is seeking an Actuarial Assistant in Arlington, VA HQ to support actuarial functions including pricing, valuation, and financial modeling for life insurance and annuity products. You will perform data analysis, develop models, and contribute to financial reporting and regulatory compliance.

The role emphasizes model development, data analysis, and collaboration with Finance, Product, Risk, and Underwriting to support pricing, reserve, and regulatory tasks.

Responsibilities

• Assist in actuarial model development, testing, and maintenance
• Perform experience studies (mortality, lapse, expenses) and analyze trends
• Support product pricing and profitability analysis
• Assist in reserve calculations for statutory reporting
• Extract, validate, and analyze large datasets from internal systems
• Prepare reports, documentation, and exhibits for internal and regulatory purposes
• Conduct financial projections and scenario/sensitivity testing
• Identify and resolve data discrepancies and model issues
• Partner with cross-functional teams (Finance, Product, Risk, Underwriting)
• Support audits, compliance reviews, and actuarial memoranda preparation
• Participate in process improvement and automation initiatives
• Assist with dashboard development and reporting enhancements
• Support ad hoc actuarial analyses and business projects
• Stay current on industry trends, regulations, and actuarial standards

Job description

Navy Mutual is seeking an Actuarial Assistant in Arlington, VA HQ to support actuarial functions including pricing, valuation, and financial modeling for life insurance and annuity products. You will perform data analysis, develop models, and contribute to financial reporting and regulatory compliance.

The role emphasizes model development, data analysis, and collaboration with Finance, Product, Risk, and Underwriting to support pricing, reserve, and regulatory tasks.