Hybrid Actuarial Associate: Valuation & Modeling

Jambalaya Group; Minneapolis (MN); Hybrid; USD 93,000 - 128,000; Full time

Benefits offered by this job

Health insurance

401(k) plan

Paid time off

Job summary

Ameriprise Financial’s Valuation team seeks an Actuarial Associate to develop and enhance actuarial models, analyze results for management, and mentor junior staff in a collaborative environment. You will support GAAP and Statutory reserves analysis and contribute to understanding Long-Duration Targeted Improvements (LDTI), with opportunities for growth.

The role emphasizes strong communication and in-office collaboration.

Qualifications

• Bachelor's degree or equivalent (4 years).
• 3-5 years relevant experience.
• All Introductory ASA exams plus 1 Actuarial/Advanced ASA Exam or Requirement.
• Validation by Educational Experience (VEE) coursework completion.
• 3 years of actuarial experience.
• Ability to work independently; self-starter.
• Strong written and verbal communication skills.
• Ability to build strong relationships

Responsibilities

• This position will support the Corporate Actuarial group with a focus on analyzing GAAP and Statutory reserves for our insurance valuation business.
• In addition, the position will support initiatives to enhance the understanding of Long-Duration Targeted Improvements (LDTI).
• With limited supervision, provides technical analysis and support by developing, improving, operating and documenting various actuarial models.
• Prepares job related reports, summarizes and communicates results to middle management.
• Participates in projects within a well-defined scope and responsibility and performs actuarial modeling and analysis.
• Supports the validation and development of business controls.
• Professional development to maintain Actuarial credentials

Skills

Excel

SQL

Python

Power BI

Education

Bachelor's degree

VEE coursework

Job description

Ameriprise Financial’s Valuation team seeks an Actuarial Associate to develop and enhance actuarial models, analyze results for management, and mentor junior staff in a collaborative environment. You will support GAAP and Statutory reserves analysis and contribute to understanding Long-Duration Targeted Improvements (LDTI), with opportunities for growth.

The role emphasizes strong communication and in-office collaboration.