Actuarial Development Trainee (Hybrid)

New York Life; New York (NY); Hybrid; USD 81,000 - 116,000; Full time

Job summary

New York Life offers an Actuarial Assistant role within its actuarial development program. You’ll rotate between assignments to gain breadth in theoretical and practical actuarial work while pursuing exams. The program also strengthens business and leadership skills for career advancement.

You’ll contribute to product development, reserves, profitability analysis, and risk assessment as part of a structured rotation plan in a hybrid setting.

Qualifications

• Working towards FSA designation with SOA exams.
• Bachelor's degree in quantitative field with strong academic record.
• Strong communication and interpersonal skills; analytical mindset.

Responsibilities

• Participate in actuarial development program with rotating assignments.
• Assist in developing premiums/benefits, products, and features.
• Support reserves, reporting, and profitability analyses; quantify risk.

Skills

Strong communication

Analytically minded

Strong decision making

Programming languages

Modeling packages

Spreadsheet/database software

Education

Bachelor's degree in Actuarial Science/Mathematics/Statistics/Finance

GPA 3.0 or higher

Working towards FSA designation

Tools

Excel

SQL

Job description

New York Life offers an Actuarial Assistant role within its actuarial development program. You’ll rotate between assignments to gain breadth in theoretical and practical actuarial work while pursuing exams. The program also strengthens business and leadership skills for career advancement.

You’ll contribute to product development, reserves, profitability analysis, and risk assessment as part of a structured rotation plan in a hybrid setting.