Senior Actuarial Associate

Company: New York Life Insurance Company
Location: New York, NY
Posted on: June 3, 2016

Job Description:

Perform research and conduct statistical data analysis to determine

pricing assumptions. Assist in the development of computer models for

the preparation of financial reports. Provide financial projections

that aid in satisfying state requirements for reserve adequacy.

Maintain and upgrade mathematical computer simulation models used for

profitability analysis, risk assessments, and financial projections.

Utilize Prophet to develop pricing models.

Requirements:

Bachelor's degree in Mathematics, Actuarial Science or related field

(willing to accept foreign education equivalent) plus 1 year of

experience performing actuarial services for insurance pricing.

Also requires:

ASA designation and must be eligible to sit for FSA Exam; (1)

Demonstrated expertise analyzing data and actuarial assumptions and

modeling liabilities in accordance with professional Actuarial Standards

of Practice (ASOP); (2) Demonstrated expertise using Excel and VBA to

develop models and perform actuarial calculations; (3) Demonstrated

expertise developing and pricing insurance products, analyzing data and

developing actuarial assumptions; and, (4) Demonstrated expertise

developing financial models, modeling liabilities and performing audits

and analysis of financial results.

Apply online at http://www.newyorklife.com/careers

Keywords: New York Life Insurance Company, New York , Senior Actuarial Associate, Other , New York, NY, New York