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Student Actuary

Job in City of Binghamton, Binghamton, Broome County, New York, 13901, USA
Listing for: Security Mutual Life Insurance Company of New York
Full Time, Apprenticeship/Internship position
Listed on 2026-06-24
Job specializations:
  • Finance & Banking
    Actuary, Risk Manager/Analyst, Financial Analyst
  • Insurance
    Actuary, Risk Manager/Analyst, Financial Analyst
Salary/Wage Range or Industry Benchmark: 62500 - 70000 USD Yearly USD 62500.00 70000.00 YEAR
Job Description & How to Apply Below
Location: City of Binghamton

Student Actuary

Department:
Actuarial;
Status:
Regular, Full Time

Reference #: 1138

No. of Positions: 1

As a Student Actuary, you will be responsible for supporting pricing and product development projects, using various modeling techniques such as MG-ALFA, Poly Systems, Axis, Excel, and other database software. This position also involves core actuarial functions of product design and pricing, liability valuation, and compliance‑related work.

Responsibilities
  • Create, set up and verify actuarial models in Excel, database software, MG-ALFA and Axis actuarial software.
  • Support Illustration Actuary testing, pricing, profit analysis and nonforfeiture testing.
  • Support the creation of actuarial memorandums for state filing and actuarial reports for management.
  • Support the implementation and testing of new products off our administrative and product development models.
  • Research and analyze competitive information relating to products, pricing, financial information and experience assumptions.
  • Provide additional support as needed to the department.
  • Continue to pass actuarial exams with the goal of becoming a Fellow of the Society of Actuaries. Comply with program rules.
Requirements
  • Minimum 1 year of related experience.
  • Minimum of 1 exam in progression towards the FSA designation; completion of 2 exams preferred.
  • Intermediate proficiency in Microsoft Excel.
  • Basic proficiency in Microsoft Word.
  • Proficiency with MG-ALFA or Axis or other actuarial software preferred.
  • Experience with databases and ability to program and write queries preferred.
  • Strong problem‑solving abilities, ability to work independently with minimal supervision.
  • Excellent written and verbal communication skills; ability to perform work accurately and thoroughly.
  • Excellent attention to detail; ability to prioritize and organize a heavy workload.
Education

Bachelor’s degree in actuarial science or mathematics required. Degree in a closely related field of study acceptable.

Compensation

Pay Range: $62,500 to $70,000 Annually (position level determined by relevant skills, experience and other qualifications).

Other

Visa sponsorship is not available for this position. Relocation assistance is not available for this position.

Security Mutual is an Equal Opportunity Employer.

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