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Actuarial Associate

2 months ago

White River Junction, Vermont, United States Voya Financial Full time
About the Role

We are seeking a highly skilled Actuarial Associate to join our team at Voya Financial. As an Actuarial Associate, you will play a critical role in supporting our actuarial staff by preparing and analyzing statistical information to be used in actuarial computations.

Key Responsibilities
  • Provide technical and administrative support to actuarial staff by preparing and analyzing statistical information to be used in actuarial computations.
  • Participate in the Actuarial Student Rotation Program.
  • Assist in quarterly financial reporting processes, which include STAT/TAX/GAAP reserve calculations for payout products, excess capital exposures and annual assumption updates.
  • Assist in Long duration contracts Targeted Improvement (LDTI) related testing and implementations for payout products.
  • Assist in improving existing financial reporting processes and infrastructures.
  • Collaborate with other colleagues on cross-trainings and work transitions as needed.
Requirements
  • Bachelor's degree or foreign equivalent in Actuarial Science, Mathematics or a closely related field.
  • One (1) year of experience working as an Actuarial Associate, Actuarial Assistant or related position.
  • Must have passed at least 3 Actuarial Exams.
  • Experience must include: Utilizing Excel, VBA, Access, R and SAS; and VBA Programming.
What We Offer
  • Competitive salary range: $97,915.
  • 401(k) Savings plan – with generous company matching contributions (up to 6%).
  • Voya Retirement Plan – employer paid cash balance retirement plan (4%).
  • Tuition reimbursement up to $5,250/year.
  • Paid time off – including 20 days paid time off, nine paid company holidays and a flexible Diversity Celebration Day.
  • Paid volunteer time — 40 hours per calendar year.
Critical Skills
  • Customer Focused: Passionate drive to delight our customers and offer unique solutions that deliver on their expectations.
  • Critical Thinking: Thoughtful process of analyzing data and problem solving data to reach a well-reasoned solution.
  • Team Mentality: Partnering effectively to drive our culture and execute on our common goals.
  • Business Acumen:Appreciation and understanding of the financial services industry in order to make sound business decisions.
  • Learning Agility: Openness to new ways of thinking and acquiring new skills to retain a competitive advantage.