Actuary - MG-ALFA Modeling

April 3

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Empower

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Empower is a financial services company that provides personalized investment and advice solutions to help individuals achieve financial freedom throughout their lives. It offers a range of wealth management services including private client investment management, socially responsible investing, retirement planning, and personal strategy services tailored for various investment needs. With innovative tools such as the Empower Personal Dashboard, clients can consolidate their financial information, plan for retirement, and make informed money decisions.

10,000+ employees

💸 Finance

💳 Fintech

📋 Description

• Seeking an experienced Actuary to join our modeling team focusing on MG-ALFA • Responsible for developing, maintaining, and enhancing actuarial models for financial reporting and projections • Ensure models comply with regulatory requirements and perform in-depth model validation • Collaborate with various teams to integrate models into workflows • Drive automation and process improvement initiatives in modeling and reporting

🎯 Requirements

• 6+ years actuarial experience, preferably in modeling roles • Strong expertise in MG-ALFA, including scripting and automation; ALFA Integrate experience preferred • Experience with asset and liability modeling • ASA designation required • Qualified to sign in the US • Bachelor's degree in actuarial science or math/statistics required • Retirement product knowledge (particularly GA and SA Stable Value products and variable funds) preferred but not required • Conceptual knowledge of actuarial area and transferring skills to new projects • Can research and design solutions for complex actuarial issues • Advanced proficiency in MS Office including Excel, Access and VBA • Ability to present complex concepts and analysis to a variety of audiences including company leaders

🏖️ Benefits

• Medical, dental, vision and life insurance • Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup • Tuition reimbursement up to $5,250/year • Business-casual environment that includes the option to wear jeans • Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year • Paid volunteer time — 16 hours per calendar year • Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA) • Business Resource Groups (BRGs) - internal networks that rally around common interest, experiences and identities such as race, ethnicity, gender, ability, military status and sexual orientation. BRGs play a vital role in educating and engaging our people and advancing our business priorities.