Actuarial Associate
Mindlance
Actuarial Associate
We are seeking a highly motivated Actuarial Associate to support new product and feature launches, system validation of in-force annuity products (Variable, Index, Fixed Annuities and RILA) and policy calculation support for Operations. This role is ideal for analytically driven individuals who enjoy problem-solving, building tools, and collaborating with cross-functional teams.
Job Description:
- Build, enhance and maintain actuarial validation tools to support system value validation
- Prepare documentation to support model validation and internal review
- Provide strong analytical skills and strategies in testing products, identifying and resolving error results from actuarial audit programs and product validation tools
- Provide actuarial validation support for various Illustration tools for Index/Variable/Fixed/RILA Annuity products
- Provide policy value quotes, reports, inquiries as requested by Operations/Marketing/Product Management
- Collaborate with other functional areas/business partners (Operations/IT/Marketing/Product Development/Pricing) to support testing in policy administration systems; communicate validation findings, risks and recommendations in a clear and business-friendly manner
Job Requirements:
- BA/BS in Mathematics, Actuarial Science or an equivalent major
- Knowledge of variable annuity, index annuity and living benefits products
- At least 2 actuarial exams passed, with 2 years of experience with Variable, Index, Fixed annuities
- Proficient in Python/VBA/SQL/Excel
- Strong analytical skills with a working knowledge of actuarial modeling concepts
- Ability to work independently, given high level direction
- Attention to detail in both work performed and presentation of work product
- Excellent written and verbal communication skills
Mindlance is an Equal Opportunity Employer and does not discriminate in employment on the basis of – Minority/Gender/Disability/Religion/LGBTQI/Age/Veterans.
Vacancy posted 1 hour ago
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