Actuarial Associate: Rotational Program & Exam Path

New York Life Insurance Company; City of White Plains (NY); Hybrid; USD 60,000 - 80,000; Full time

Job summary

New York Life Insurance Company is seeking an Actuarial Trainee to support both theoretical and practical applications of actuarial science. The role offers opportunities for professional growth and leadership skills through challenging assignments.

Applicants are expected to be in-office Tuesday to Thursday, with work-from-home options on Monday and Friday. The ideal candidate is pursuing ASA or FSA designation and has prior actuarial experience.

Qualifications

• Preferred ASA or near ASA working toward FSA designation.
• Passage of three or more Society of Actuaries Exams required.
• 2 – 5 years of prior full-time actuarial or analytical experience.
• Prefer cumulative GPA of 3.0 or higher.

Responsibilities

• Develops premiums and benefits for insurance and annuity products.
• Designs new products and product features.
• Projects profitability generated by Company’s products.
• Prepares studies of financial experience.
• Analyzes matching of assets and liabilities.
• Quantifies company risk exposure and proposes mitigation.
• Assists in dividend scale determination.
• Performs actuarial research and statistical analyses.
• Performs special projects as assigned.

Skills

Strong communication and interpersonal skills

Analytically minded

Strong decision making abilities

Knowledge of modeling packages

Programming languages

Spreadsheet/database software

Education

Bachelor's degree in Actuarial Science, Mathematics, Statistics, Engineering, Sciences, Economics, or Finance

Job description

New York Life Insurance Company is seeking an Actuarial Trainee to support both theoretical and practical applications of actuarial science. The role offers opportunities for professional growth and leadership skills through challenging assignments.

Applicants are expected to be in-office Tuesday to Thursday, with work-from-home options on Monday and Friday. The ideal candidate is pursuing ASA or FSA designation and has prior actuarial experience.