Associate Actuarial Services

Location Designation:Hybrid - 3 days per week

Role Overview:
The Actuarial Services role will support pricing initiatives for group insurance products within the GBS business unit. This position will offer experience and exposure to actuarial work and provide support to the actuarial function focusing on pricing methodologies rate development and analysis. The role involves collaboration with underwriting and broader finance teams to deliver competitive and profitable pricing solutions.

What Youll Do:
Develop and maintain pricing models for group insurance products ensuring alignment with NYL standards and regulatory requirements.
Analyze experience data and trends to support rate development and assumption setting.
Prepare pricing exhibits and documentation for internal stakeholders and regulatory filings.
Collaborate with underwriting product finance and other actuarial colleagues to deliver competitive and profitable pricing solutions.
Provide ad hoc case-level pricing support to underwriting
Assist in implementing updates to pricing tools and processes based on emerging market trends and actuarial best practices.
Support ad hoc projects related to pricing strategy and profitability analysis.

What Youll Bring:
Bachelors degree in Actuarial Science Mathematics Statistics or related field.
Completion of at least 1 actuarial exam required; passing of 2 exams preferred.
Strong analytical and problem-solving skills with attention to detail.
Proficiency in Microsoft Excel.
Ability to communicate complex concepts clearly and work effectively in a team environment.

Preferred Qualifications
Demonstrated progress toward ASA designation.
Group insurance background preferable.
Interest in pricing underwriting and product development within group insurance.
Ability to manage multiple priorities and meet deadlines in a dynamic environment.

Pay Transparency

Salary Range:$64500-$90000

Overtime eligible:Exempt

Discretionary bonus eligible:Yes

Sales bonus eligible:No

Actual base salary will be determined based on several factors but not limited to individuals experience skills qualifications and job location. Additionally employees are eligible for an annual discretionary addition to base salary employees may also be eligible to participate in an incentive program.

Our Benefits

We provide a full package of benefits for employees and have unique offerings for a modern workforce including leave programs adoption assistance and student loan repayment programs. Based on feedback from our employees we continue to refine and add benefits to our offering so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Commitment to Inclusion
At New York Life fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Lifes leadership in this space.

Recognized as one of Fortunes Worlds Most Admired Companies New York Life is committed to improving local communities through a culture of employee giving and volunteerism supported by the proud that due to our mutuality we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life please visit the Careers page of .

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Job Requisition ID: 92973