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Associate Actuary -- Assumptions

VenerableWest Chester, United States4mo ago
Individual AnnuitiesExperience StudiesBusiness Intelligence & ReportingData Engineering

Role Summary

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HIGHLIGHTS

Associate Actuary focused on variable annuity assumption setting for deferred and payout products. You will run and improve experience studies, recommend mortality and policyholder behavior assumptions, and present proposals to senior leadership in West Chester, PA. The role supports transformation of assumption processes and participates in the company's Actuarial Student Program.

JOB DESCRIPTION SUMMARY

  • Set and recommend assumptions for deferred and payout variable annuities
  • Run and improve experience studies; reconcile data quarterly
  • Implement assumption changes with the modeling team
  • Work in West Chester, PA; participates in Actuarial Student Program
  • Use Excel, SQL Server, Power BI and R or Python for analysis

DOMAIN EXPERTISE

  • variable annuity assumption setting
  • mortality and policyholder behavior analysis
  • experience studies data validation and reconciliation

KEY REQUIREMENTS

  • Bachelor's degree in Math, Actuarial Science, Finance or related
  • ASA, Career ASA, or newly credentialed FSA required
  • 5+ years of financial, insurance, or actuarial experience
  • Advanced Excel and proficiency in SQL Server, PowerBI, R or Python
  • Strong actuarial experience with experience studies and assumptions

TECH STACK

  • Excel
  • Power_BI
  • PowerPoint