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Actuarial Assistant

Navy Mutual Aid Association

Life/Insurer/IC Level

Actuarial Assistant

Navy Mutual Aid Association

Arlington, Virginia, United States · Onsite · 4d ago

Salary
$94k - $120k

Role Summary

Role type

Modelling-focused individual contributor

Closer to a modelling role than a reserving cycle role because the scope spans projections, experience analysis, pricing, and model enhancement rather than only recurring close work.

Entry-level Life actuarial role in Arlington, Virginia, supporting individual life insurance and annuity pricing, valuation, experience studies, and financial modeling. You’ll analyze large datasets, maintain actuarial models, support statutory reporting and regulatory work, and partner with Finance, Product, Risk, and Underwriting.

Requirements

Must have

  • Must not require visa sponsorship; Association will not sponsor new applicant for employment authorization

Strongly preferred

  • Assist in actuarial model development, testing, and maintenance
  • Perform experience studies (mortality, lapse, expenses) and analyze trends
  • Support product pricing and profitability analysis
  • Assist in reserve calculations for statutory reporting
  • Extract, validate, and analyze large datasets from internal systems
  • Prepare reports, documentation, and exhibits for internal and regulatory purposes
  • Conduct financial projections and scenario/sensitivity testing
  • Identify and resolve data discrepancies and model issues
  • Partner with cross-functional teams (Finance, Product, Risk, Underwriting)
  • Support audits, compliance reviews, and actuarial memoranda preparation
  • Participate in process improvement and automation initiatives
  • Assist with dashboard development and reporting enhancements
  • Support ad hoc actuarial analyses and business projects
  • Stay current on industry trends, regulations, and actuarial standards

Skills & Domain

DomainLife insurance and annuity actuarial workActuarial model development and maintenanceExperience studies: mortality, lapse, expensesProduct pricing and profitability analysisStatutory reserve calculations