Actuarial Associate

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.