Actuarial Assistant

Job Title:

Actuarial Assistant

FLSA Status:
Exempt

Location:

Arlington, VA HQ

Direct Report(s):
None

The Actuarial Assistant supports actuarial functions including pricing, valuation, and financial modeling for life insurance and annuity products. Performs data analysis, develops actuarial models, and contributes to financial reporting and risk assessment to ensure sound business decisions and regulatory compliance.

Job Scope:

The Actuarial Assistant supports complex actuarial functions for life insurance and annuity products, including pricing, valuation, financial modeling, and experience analysis. Develops and enhances actuarial models, performs advanced data analysis, and contributes to financial reporting, risk assessment, and regulatory compliance while helping inform strategic business decisions.

Duties and Responsibilities:

• Assist in actuarial model development, testing, and maintenance
• Perform experience studies (mortality, lapse, expenses) and analyze trends
• Support product pricing and profitability analysis
• Assist in reserve calculations for statutory reporting
• Extract, validate, and analyze large datasets from internal systems
• Prepare reports, documentation, and exhibits for internal and regulatory purposes
• Conduct financial projections and scenario/sensitivity testing
• Identify and resolve data discrepancies and model issues
• Partner with cross-functional teams (Finance, Product, Risk, Underwriting)
• Support audits, compliance reviews, and actuarial memoranda preparation
• Participate in process improvement and automation initiatives
• Assist with dashboard development and reporting enhancements
• Support ad hoc actuarial analyses and business projects
• Stay current on industry trends, regulations, and actuarial standards

Navy Mutual offers a comprehensive total rewards package to include competitive compensation and benefit programs. Information on these benefit programs is available at Navy Mutual Career Page.

This position has an annualized market-based salary range (or hourly rate) of $80,690 - $100,863 and is eligible to participate in the Association's bonus program. The final salary offered will generally fall within this range. Multiple factors are taken into consideration to arrive at the compensation package offered to the selected candidate. Factors include, among others, the scope and responsibilities of the role, the selected candidate's work experience, education and training, the work location as well as market and business considerations.

At this time, Navy Mutual will not sponsor a new applicant for employment authorization for this position.