Senior Associate, Actuarial Services

Job Requisition ID: 91953 Location Designation: Fully Remote Business Overview The Actuarial Model Architecture and Development (AMAD) team supports enterprise‑wide business areas with Asset‑Liability Modeling (ALM) and other modeling needs. AMAD develops and maintains models covering Valuation, Cash Flow Testing, Embedded Value, Stress Testing, RBC, Duration analysis, Economic Capital, Pricing, and Financial Planning. The team engages with business units to understand prospective needs and advise on modeling approaches, providing opportunities to learn products and methods across every business within New York Life. What You’ll Do Be a key member of a modeling team for modeling, reporting, and business analytics. Execute on Prophet model conversions and development based on centralized governance policy. Utilize advanced modeling techniques, including dynamic asset‑liability methods, to reflect characteristics of complex product designs. Build business and corporate functionality into consolidated ALM models enabling enterprise‑wide risk assessment. Work with business units to understand requested model changes, prioritize, execute test plans, and assist in model acceptance. Implement Prophet Enterprise modules to support governance and process automation. Implement the Single Platform functionality for Valuation, ALM and Pricing. Document all changes and testing to the models. What You’ll Bring Actuarial credentials and experience strongly preferred. Experience with open actuarial software such as Prophet, MoSes/RAFM, ALFA, etc. Understanding of FIS Prophet software highly preferred. Knowledge of asset liability management, valuation, and/or projection models. Experience supporting complex projects to successful completion. Understanding of actuarial enterprise technology environments. Understanding of insurance products, regulations, and related risks. Ability to take direction from senior modelers and execute on projects according to team standards. Excellent relationship‑building and collaboration skills, both within‑team and with internal or external clients. A self‑starter with strong communication skills. Excellent verbal and written communication skills to convey complex actuarial concepts to non‑technical stakeholders. Familiarity with Agile and Lean processes is a plus. Flexibility and adaptability to handle multiple tasks and shifting priorities within demanding time schedules. Ability to think outside the box and work with leading‑edge non‑traditional actuarial practices. An energetic team player. Pay Transparency Salary Range: $85,000–$140,000 Overtime eligible: Exempt Discretionary bonus eligible: Yes Sales bonus eligible: No Actual base salary will be determined based on individual experience, skills, qualifications, and job location. Employees may also be eligible for an annual discretionary bonus and an incentive program. Our Benefits We provide a full package of benefits, including leave programs, adoption assistance, and student loan repayment programs. Our benefits evolve based on employee feedback to support flourishing inside and outside of work. Our Commitment to Inclusion New York Life fosters an inclusive workplace grounded in humanity and integrity, ensuring every employee feels valued and supported. We embrace diverse perspectives and experiences to achieve greater success and fulfill our promise of financial security and peace of mind for families across all communities. #J-18808-Ljbffr New York Life Insurance Co