Accessibility Links

Actuarial Assistant: Pricing and Modeling

  • Job type: Permanent
  • Location: Boston
  • Salary: $93000 - $126000 per annum
  • Job reference: jdc82130
  • Sector: Insurance, Actuarial, Selby Jennings
  • Date posted: 25/01/2018
Assistant Actuary, Pricing & Modeling 3 years experience required


My client has a great new opportunity for a Pre-ASA (minimum of 4 exams passed) to ASA actuarial assistant with around 3 years experience in the Life/Annuity Insurance industry. 


Responsibilities :
  • Work with the Product Development team to develop detailed models and financial projections of new product offerings.
  • performing analysis and testing on newly developed products, and perform financial projections on partner reinsurance company proposed costs.
  • Maintenance and documentation of actuarial assumptions, pricing standards, and models;
  • Tracking and reporting experience on actuarial assumptions to provide a validation to current pricing assumptions and emerging profitability trends on existing business;
  • Analyzing and critiquing client company pricing assumptions and methodologies;
  • Interacting with investment and risk managers to appropriately construct and implement investment portfolios for use in pricing;
  • Participating in negotiating and developing reinsurance contracts
 

Requirments:
  • Bachelor’s degree or higher in Actuarial Science, Mathematics, Statistics, or related field (Master’s degree is preferred)
  • A minimum of 3 actuarial exam passes, or an Associate of the Society of Actuaries (ASA) and around 3 years of life Insurance experience
  • Actuarial projection and valuation software experience is essential with MG-Alfa knowledge preferred
  • Experience in product development and/or pricing of Annuities (ideally, fixed rate and indexed annuities)
  • programming skills in VBA, SQL will be an advantage
Similar jobs
Actuarial Analyst
  • Job type: Permanent
  • Location: Atlanta, Georgia
  • Salary: Competitive
  • Description A reputable insurance company is looking to add a Pricing Actuary to their growing commercial actuarial team. This candidate must have a strong technical skill set and be pursuing a Casualty Actuarial
Actuarial Director - Accident & Health
  • Job type: Permanent
  • Location: Tampa, Florida
  • Salary: US$145000 - US$165000 per annum
  • Description In this role, you will be managing a team of 3 actuarial students who will focus on a variety of products including Stop Loss, A&H, supplemental health, critical illness, AD&D.
Actuarial Associate- Financial Reporting
  • Job type: Permanent
  • Location: Denver, Colorado
  • Salary: US$100000 - US$135000 per annum
  • Description A leading global insurance firm is currently seeking an active and motivated individual to join their actuarial valuation team with a concentration on STAT, GAAP and IFRS financial reporting.
Credit Risk Manager
  • Job type: Permanent
  • Location: Connecticut
  • Salary: US$120000 - US$160000 per annum
  • Description A top global bank is currently looking to hire a credit risk manager to join their Hedge Fund Credit Risk team. In this role you will be responsible for covering a portfolio of hedge fund
Senior Pricing Actuary
  • Job type: Permanent
  • Location: New York
  • Salary: US$125000 - US$165000 per annum
  • Description Senior Pricing Actuary - Leading Property & Casualty Insurer Location: New York City My client is a world leader in property and casualty insurance, offering innovative products