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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 10 hours ago
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