Hybrid Actuarial Development Associate

New York Life Insurance Co; New York (NY); Hybrid; USD 60,000 - 105,000; Full time

Benefits offered by this job

Discretionary bonus eligible

Fortune World's Most Admired Companies

Be Good At Life culture

Job summary

New York Life Insurance Co. seeks an Actuarial Assistant in its full-time actuarial development program in New York. The program blends rotating assignments with strong exam support, leadership skill development, and opportunities to advance within the company.

You will work across insurance products, performing actuarial analyses and contributing to financial stewardship, ensuring data accuracy and robust controls in a team-focused environment.

Qualifications

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Engineering, Sciences, Economics, or Finance.
• Prefer GPA 3.0 or higher.
• Prefer SOA exams toward ASA/FSA.

Responsibilities

• Develop premiums and benefits for new and enhanced insurance and annuity products.
• Design new products and product features.
• Monitor experience and develop modeling assumptions.
• Project profitability and analyze drivers of financial performance.
• Evaluate asset-liability matching and investment strategy.
• Quantify risk exposure and propose risk management methods.
• Perform actuarial research and statistical analyses.
• Perform special projects as assigned.

Skills

Communication

Analytical thinking

Decision making

Education

Bachelor's degree

Tools

Modeling packages

Programming languages

Spreadsheet/Database software

Job description

New York Life Insurance Co. seeks an Actuarial Assistant in its full-time actuarial development program in New York. The program blends rotating assignments with strong exam support, leadership skill development, and opportunities to advance within the company.

You will work across insurance products, performing actuarial analyses and contributing to financial stewardship, ensuring data accuracy and robust controls in a team-focused environment.