Actuarial Assumptions Lead

2 days ago


New York, New York, United States Equitable Services Full time
Actuarial Assumptions Lead

At Equitable, we're a team of over ten thousand strong, committed to helping our clients secure their financial well-being. We're looking for a talented Actuarial Assumptions Lead to join our Actuarial Assumptions team, responsible for conducting assumption experience studies and making actuarial assumption recommendations to senior management.

Key Responsibilities:
  • Develop and propose individual retirement inforce actuarial assumptions across GAAP, Statutory, and Economic reporting frameworks
  • Lead a small team, coordinating tasks efficiently among team members, and developing their skill sets
  • Perform experience study analysis and development of assumption proposals
  • Propose enhancements to experience studies and/or the assumption structure to increase accuracy or reduce complexity
  • Coordinate with key stakeholders, ensuring assumption proposals align with risk principles and IT/modeling parameters
  • Collaborate with Model Development and Actuarial Valuation teams to quantify assumption proposals
  • Present assumption proposals to senior management for approval
  • Ensure that reviewed assumptions are SOX compliant with the appropriate documentation and validation; support annual audit walkthroughs and provide timely responses to internal and external auditors
Requirements:
  • Bachelor's Degree
  • ASA Designation
  • 7+ years of actuarial experience
  • Understanding of life insurance products, policyholder behavior, assumption development, and modeling, as well as accounting of such products
  • Established technical skills with a heightened attention to detail
  • Demonstrated leadership skills and a track record of challenging the status quo
Preferred Qualifications:
  • FSA Designation or near FSA Designation
  • Self-starter with an established sense of ownership and commitment to achieving objectives in a timely manner
  • Prior experience with Python, SQL, and Data Visualization tools (such as Tableau, Looker, etc.)
  • Exposure to GGY AXIS actuarial projection
About Equitable:

We're a team of over ten thousand strong, committed to helping our clients secure their financial well-being. We turn challenges into opportunities by thinking, working, and leading differently - where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities.



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