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Role Summary

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HIGHLIGHTS

Associate model risk role in Enterprise Risk Management focused on life insurance product models. You will perform independent model reviews, build challenger models, and assess model risk and remediation. Early-career (0–2 years) position based in Newark, NJ with a hybrid work expectation.

JOB DESCRIPTION SUMMARY

  • Perform independent model reviews and document findings for enterprise models
  • Build challenger models and analytical tools to validate model outputs
  • Work on life insurance product models and ALM/derivative valuation
  • Hybrid role based in Newark, NJ with recurring on-site presence
  • Ideal for early-career quantitative or actuarial candidates (0–2 years)

DOMAIN EXPERTISE

  • Life insurance products and actuarial models
  • Valuation of financial derivatives (options, swaps, swaptions)
  • Asset-Liability Management (ALM) for insurance products
  • Hands-on programming with Python and VBA

KEY REQUIREMENTS

  • 0–2 years of quantitative finance, financial engineering, or actuarial experience
  • Strong knowledge of life insurance products, actuarial functions and models
  • B.S. in a quantitative field required (graduate degree preferred)
  • Hands-on programming experience in Python and VBA
  • Working knowledge of valuation for derivatives and ALM concepts

TECH STACK

  • No tech stack specified
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Role Summary

Loading...

HIGHLIGHTS

Associate model risk role in Enterprise Risk Management focused on life insurance product models. You will perform independent model reviews, build challenger models, and assess model risk and remediation. Early-career (0–2 years) position based in Newark, NJ with a hybrid work expectation.

JOB DESCRIPTION SUMMARY

  • Perform independent model reviews and document findings for enterprise models
  • Build challenger models and analytical tools to validate model outputs
  • Work on life insurance product models and ALM/derivative valuation
  • Hybrid role based in Newark, NJ with recurring on-site presence
  • Ideal for early-career quantitative or actuarial candidates (0–2 years)

DOMAIN EXPERTISE

  • Life insurance products and actuarial models
  • Valuation of financial derivatives (options, swaps, swaptions)
  • Asset-Liability Management (ALM) for insurance products
  • Hands-on programming with Python and VBA

KEY REQUIREMENTS

  • 0–2 years of quantitative finance, financial engineering, or actuarial experience
  • Strong knowledge of life insurance products, actuarial functions and models
  • B.S. in a quantitative field required (graduate degree preferred)
  • Hands-on programming experience in Python and VBA
  • Working knowledge of valuation for derivatives and ALM concepts

TECH STACK

  • No tech stack specified

Job Overview

Salary
$79k - $117k
Years of Experience
0+ Years
Work Type
Permanent
Full Time

Ideal Candidate Profile

An early-career (0–2 years) actuarial or quantitative finance professional focused on life insurance and ALM, with strong derivative valuation knowledge and hands-on Python and VBA skills.

Benefits

Annual BonusHealth InsuranceDental InsuranceVision InsuranceLife InsuranceShort/Long Term Disability401(k) PlanWellness ProgramTuition ReimbursementEquity/Stock Options
Shortlist Forming
Closing Soon
44d
44 days ago

Strategy: Speed over Perfection

By Day 21, visibility drops significantly. Recruiters are focusing on existing candidates.

"Don't wait for a cover letter. The requisition could close tomorrow. Apply now."

Job Overview

Salary
$79k - $117k
Years of Experience
0+ Years
Work Type
Permanent
Full Time

Ideal Candidate Profile

An early-career (0–2 years) actuarial or quantitative finance professional focused on life insurance and ALM, with strong derivative valuation knowledge and hands-on Python and VBA skills.

Benefits

Annual BonusHealth InsuranceDental InsuranceVision InsuranceLife InsuranceShort/Long Term Disability401(k) PlanWellness ProgramTuition ReimbursementEquity/Stock Options
Shortlist Forming
Closing Soon
44d
44 days ago

Strategy: Speed over Perfection

By Day 21, visibility drops significantly. Recruiters are focusing on existing candidates.

"Don't wait for a cover letter. The requisition could close tomorrow. Apply now."

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PGIM•Newark, United States•1mo ago
HybridIndividual Life ProtectionIndividual AnnuitiesAsset-Liability ManagementRegulatory ReportingPredictive Modelling & ML