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Senior Associate, Actuarial Support

$90k - $105k

New York Life Insurance Co

Position Senior Associate, GMAD Actuarial Location Hybrid – 3 days on site; options: White Plains, NY or NYC Home Office. Key Objective Support valuation activities for Life, Disability, and Accident & Health products with focus on data validation, model execution, and report preparation. Major Responsibilities 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 troubleshoot to ensure accurate reserve calculations. Summarize valuation results and contribute to documentation for internal reporting. Assist with off‑cycle reserve calculations, GMAD pooling and reinsurance requirements, and produce projections for financial planning. Technical & Systems Support Support premium rate implementation tasks in systems such as PRASE, including configuration testing and deployment of rates across multiple insurance products. Translate pricing specifications into system inputs under direction from senior staff. Participate in system testing with cross‑functional teams and track issues during deployments. Monitor system output post‑deployment and troubleshoot issues. Collaboration & Team Coordination Work with Account Management, IT, and actuarial teams to align 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 Bachelor’s degree in Mathematics, Statistics, Finance, Data Science, or related analytical field. 2-5 years of actuarial, financial, or analytical roles within insurance (Life, Disability, or A&H preferred). Experience with Prophet actuarial software strongly preferred. Experience with valuation systems, rate‑coding tools, or systems‑oriented processes 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: $90,000 – $105,000 Overtime eligible: Exempt Discretionary bonus eligible: Yes Sales bonus eligible: No #J-18808-Ljbffr New York Life Insurance Co

Vacancy posted 2 days ago
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