Actuarial Associate

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Voya Financial

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Retirement • Investments • Insurance

5001 - 10000

Description

• Works independently on recurring analyses and assignments for more senior team members. • Enhances efficiency of existing work processes. • Perform financial projections and actuarial analysis • Calculate premiums or reserves for new or existing products and may perform research, experience studies or other statistical analysis • Gather and ensure quality data. • Apply actuarial techniques to analyze, interpret and classify risks and communicates results to more senior actuaries • Prepare filing documentation for compliance with state insurance regulations, approval for new products, etc. • Project future and ultimate values, test adequacy via cashflow testing and scenario analysis to comply with applicable regulations, laws, and standards • Participate in the Actuarial Student Rotation Program

Requirements

• Bachelors’ degree in Mathematics, Actuarial Science, Finance or related business discipline • Completion of 2-4 actuarial exams/modules or near ASA designation • 1 – 3 years finance, insurance industry, or actuarial experience • Base understanding of insurance products and operations • Strong oral and written communication skills, detail oriented with strong analytical problem-solving skills • Strong technical skills in 1 or more of the following: Excel spreadsheets, databases, actuarial projection/valuation software • Ability to manage competing priorities and deadlines • Ability to effectively communicate with manager and other team members

Benefits

• Health, dental, vision and life insurance plans • 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