Actuarial Associate Financial Planning and Analysis
Job Location:
White Plains, NY - USA
Yearly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
Job Requisition ID:94002
Location Designation:Fully Onsite
Location: 44 South Broadway White Plains New York 10601
Offered Wage: $131600.00 - $171500.00/year
Duties: Collect validate and maintain complex financial and operational data to ensure accuracy timeliness and integrity of results. Organize and structure large datasets to enable analysis and accessibility for financial and actuarial reporting. Perform quantitative analyses including present and future value calculations assessment of premiums reserves liabilities profits and cash flows across insurance products. Prepare studies of financial experience. Apply actuarial and financial modeling techniques to evaluate financial performance and prepare analyses for senior management. Develop enhance and maintain reporting and data visualization tools (e.g. Tableau SQL Excel) to support financial and actuarial modeling processes. Design and validate templates and automated tools to ensure accuracy of key performance metrics. Analyze and interpret financial results identify risks and validate underlying assumptions in support of strategic and regulatory decision-making. Perform actuarial research and statistical analyses. Perform special projects as assigned.
Education & Experience Requirements: Bachelors degree in Actuarial Science Mathematics Statistics Economics Finance or related field (willing to accept foreign education equivalent) plus two (2) years of experience as an Actuarial Associate Actuarial Associate Financial Planning and Analysis or related occupation driving product implementation enhancing valuation systems validating reserves and streamlining reporting and assumption analyses. Specific skills/other requirements - Experience must include (quantitative experience requirements not applicable to this section): Building maintaining and interpreting financial templates and visualizations including income statements and balance sheets primarily using Excel; Working with large and complex data sets to generate actuarial insights performing regular data validation reconciliation and updates to ensure accuracy and integrity; Developing and maintaining financial and actuarial models incorporating actuarial assumptions including mortality lapse reserve; Developing and maintaining financial and actuarial models incorporating actuarial assumptions for mortality lapse interest sales and Value of New Business (VNB); Evaluating financial and actuarial results to assess risk profitability and business implications; and Reporting actuarial insights effectively through reports presentations and professional documentation emphasizing clarity risk analysis and business impact. Must have passed at least 4 actuarial exams and be actively pursuing ASA and FSA. Eligible for Employee Referral Program. To apply visit and search job title.
Pay Transparency
Overtime eligible:Exempt
Discretionary bonus eligible:No
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.
Company Overview
At New York Life our 180-year legacy of purpose and integrity fuels our future. As we evolve into a more technology- data- and AI-enabled organization we remain grounded in the values that drive lasting impact.
Our diverse business portfolio creates opportunities to make a difference across industries and communitiesinviting bold thinking collaborative problem-solving and purpose-driven innovation. Here youll find the rare balance of long-standing stability and forward momentum supported by an inclusive team that honors tradition while embracing progress.
As a Fortune 100 mutual company we offer a place to grow your skills contribute to meaningful work and deliver solutions that matter. Your ideas drive whats next and your growth powers it.
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 .
Visit our LinkedIn to see how our employees and agents are leading the industry and impacting communities.
Job Requisition ID: 94002
Required Experience:
IC
About Company
Protect and build your future with comprehensive one-on-one guidance from New York Life. Learn about our life insurance and financial product offerings.
