Actuarial Assistant; NYC

Location Designation:

Hybrid – 3 days per week

When you join New York Life, you’re joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You’ll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.

• Develop premiums and benefits for new and enhanced individual and group 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 matching of assets and liabilities including development of optimal investment strategy
• Quantify risk exposure and propose ways to manage risk
• Perform actuarial research and statistical analyses
• Perform special projects as assigned

As an Actuarial Assistant, you will possess excellent communication and interpersonal skills, along with a strong analytical mindset and effective decision-making abilities.

• Bachelor’s degree with preferred majors in Actuarial Science, Mathematics, Statistics, Engineering, Sciences, Economics, or Finance

• Prefer cumulative GPA of 3.0 or higher
• Prefer passage of two or more Society of Actuaries exams (working toward ASA/FSA designation in the Society of Actuaries)
• Prefer knowledge of modeling packages, programming languages, and spreadsheet/database software

Salary range: $60,000-$105,000

Overtime eligible:
Exempt

Discretionary bonus eligible:
Yes

to learn more about our benefits. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.

We are committed to improving local communities through a culture of employee giving and volunteerism.