Actuarial Valuation & Modeling Associate

00001 Ameriprise Financial Inc; Minneapolis (MN); On-site; USD 93,000 - 128,000; Full time

Job summary

Ameriprise Financial is seeking an Actuarial Associate to apply analytical and modeling skills to support actuarial valuation activities. You will develop and enhance models, analyze and communicate results to management, and mentor juniors in a collaborative environment.

The role focuses on GAAP and statutory reserves, LDTI initiatives, and reporting to middle management, with a strong emphasis on independent work and career growth in a client-centric, in-office setting.

Qualifications

• 3-5 years relevant experience.
• All Introductory ASA exams plus 1 Actuarial/Advanced ASA Exam or Requirement.
• Validation by Educational Experience (VEE) coursework completion.

Responsibilities

• Support the Corporate Actuarial group with GAAP and Statutory reserves analysis for insurance valuation.
• Support initiatives to enhance understanding of Long-Duration Targeted Improvements (LDTI).
• Develop, improve, operate and document actuarial models with limited supervision.

Skills

3-5 years experience

Strong communication

Independent worker

Education

Bachelor's degree or equivalent

Tools

MS Excel

SQL

Python

Power BI

Job description

Ameriprise Financial is seeking an Actuarial Associate to apply analytical and modeling skills to support actuarial valuation activities. You will develop and enhance models, analyze and communicate results to management, and mentor juniors in a collaborative environment.

The role focuses on GAAP and statutory reserves, LDTI initiatives, and reporting to middle management, with a strong emphasis on independent work and career growth in a client-centric, in-office setting.