Senior Associate, Actuarial Support

Location Designation:Hybrid - 3 days per week

Senior Associate GMAD Actuarial
Location: Hybrid 3 days On Site; White Plains NY or NYC Home Office

Key Objective:
New York Life is seeking a capable Associate to join the GMAD Actuarial Valuation team. This role supports valuation activities for Life Disability and Accident & Health products with a focus on data validation model execution and report preparation. The Senior Associate works closely with senior actuaries Account Management Finance and other actuarial teams to ensure timely and accurate statutory and management reporting.

Location of role can either be:

1) White Plains NY ORNew York NY

Major Responsibilities:
Valuation & Financial Reporting
Assist with quarterly and annual statutory and management valuation processes for Life Disability and A&H business lines.
Support data collection validation and reconciliation from third-party administrators (TPAs).
Run actuarial models and assist with troubleshooting to ensure accurate reserve calculations.
Help summarize valuation results and contribute to documentation for internal reporting.
Assist with off-cycle reserve calculations to meet policyholder reporting needs support GMAD pooling and reinsurance requirements and producing projections for financial planning.

Technical & Systems Support:
Support premium rate implementation tasks in systems like PRASE including configuration testing and deployment of rates across multiple insurance products (Life Health Disability).
Assist with translating pricing specifications into system inputs under direction from senior staff.
Participate in system testing with cross-functional teams (Account Management IT and QA) and track issues during deployments.
Help monitor system output post-deployment and troubleshoot issues as needed working closely with developers and testers to resolve discrepancies.
Collaboration & Team Coordination
Work with Account Management IT and actuarial teams to align on data inputs assumptions
and reporting timelines.
Attend cross-functional meetings to stay aligned with project updates and requirements.
Communicate clearly and professionally with internal stakeholders on assigned deliverables.

Qualifications & Experience:
Bachelors degree in Mathematics Statistics Finance Data Science or a related analytical field.
25 years of experience in actuarial financial or analytical roles within insurance (Life Disability or A&H preferred).
Experience with Prophet actuarial software is strongly preferred.
Experience with valuation systems rate-coding tools or systems-oriented processes is highly desirable.
Strong attention to detail and organizational skills.
Ability to manage multiple concurrent deadlines and deliverables in a fast-paced cyclical release environment.
Comfortable working in structured systems such as JIRA and adhering to defined release processes.

Pay Transparency

Salary Range:$90000 - $105000

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: 93051