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Associate Actuary - Assumptions

VenerableWest Chester, United States5mo ago
OnsiteIndividual AnnuitiesExperience StudiesData EngineeringBusiness Intelligence & Reporting

Role Summary

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HIGHLIGHTS

Senior life actuarial role focused on variable annuity assumption setting and experience studies in West Chester, PA. You will monitor mortality and policyholder behavior, recommend assumption updates for VA riders, and support transformation of assumption processes. The role requires ASA or newly credentialed FSA status and 5–6+ years of actuarial/insurance experience.

JOB DESCRIPTION SUMMARY

  • Monitor and interpret variable annuity mortality and policyholder behavior experience
  • Recommend assumption updates for riders (GMDB, GMIB, GMWB, GMAB) and present to senior leadership
  • Maintain controls, reconciliations, and documentation for experience studies
  • Collaborate with modeling, IT, and vendors to implement assumptions into models
  • Work with Excel, SQL Server, Power BI and R or Python; participate in Actuarial Student Program

DOMAIN EXPERTISE

  • experience with experience studies and assumption setting for mortality and policyholder behavior

KEY REQUIREMENTS

  • ASA, Career ASA or newly credentialed FSA
  • 5–6+ years of financial, insurance, or actuarial experience
  • Bachelor's degree in Mathematics, Actuarial Science, Finance or related
  • Advanced Microsoft Excel and proficiency with SQL Server and Power BI; R or Python experience
  • Strong analytical skills and experience with actuarial concepts

TECH STACK

  • Excel
  • Power_BI
  • PowerPoint