Hybrid Actuarial Development Associate—Exams & Growth

New-York-Life; New York (NY); Hybrid; USD 124,000 - 177,000; Full time

Benefits offered by this job

Adoption assistance

Student loan repayment

Leave programs

Comprehensive benefits

Job summary

New York Life's actuarial development program offers rotating assignments and exam support, blending theory and practical actuarial science. Trainees gain business and leadership skills while advancing toward actuarial credentials.

Rotations may include developing premiums and benefits for new products, designing features, monitoring experience, calculating reserves, projecting profitability, and quantifying risk exposure. Hybrid work model with supportive training environment.

Qualifications

• Preferred ASA with progress toward FSA designation and five or more SOA exams completed.
• Four or more years of full-time actuarial experience.
• Bachelor's degree in Actuarial Science, Math, Stats, Engineering, Economics, or Finance.
• Strong communication, analytical, and decision-making abilities.

Responsibilities

• Rotating assignments to build theory and practical actuarial skills.
• Develop premiums/benefits for new and enhanced products and design features.
• Monitor experience, develop modeling assumptions, and quantify risk exposure.

Skills

ASA working towards FSA designation

5+ SOA exams completed

4+ years actuarial experience

Strong communication and interpersonal

Analytically minded

Modeling and programming knowledge

Education

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

Tools

Actuarial software

Spreadsheet/database software

Job description

New York Life's actuarial development program offers rotating assignments and exam support, blending theory and practical actuarial science. Trainees gain business and leadership skills while advancing toward actuarial credentials.

Rotations may include developing premiums and benefits for new products, designing features, monitoring experience, calculating reserves, projecting profitability, and quantifying risk exposure. Hybrid work model with supportive training environment.