New York Life Insurance Company
White Plains, NY, United States
Clevel, Executive, Manager, Actuarial, 100k
A career at New York Life offers many opportunities. To be part of a growing and successful business. To reach your full potential, whatever your specialty. Above all, to make a difference in the world by helping people achieve financial security. It's a career journey you can be proud of, and you'll find plenty of support along the way. Our development programs range from skill-building to management training, and we value our diverse and inclusive workplace where all voices can be heard. Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and service, supported by our Foundation. It all adds up to a rewarding career at a company where doing right by our customers is part of who we are, as a mutual company without outside shareholders. We invite you to bring your talents to New York Life, so we can continue to help families and businesses Be Good At Life. To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.
New York Life is home to over 175 credentialed actuaries across our offices. We offer many opportunities for growth including the opportunity to rotate as an FSA every few years. Through monthly lunches with internal presenters and an annual reception, there are ample opportunities to network and meet actuaries throughout the company.
Open Positions will vary, potential roles could include:
Pricing positions - responsible for product development efforts for individual life, corporate life insurance products or annuity products
ALM Analytics (life and annuity) - uses asset-liability analysis to achieve a variety of financial, investment and business objectives for the Company's business
Financial Risk Management Solutions(FRMS) - FRMS is responsible for supporting Asset-Liability Modeling (ALM) and analytics on an enterprise level. FRMS performs Stochastic Required Capital (SRC), Investment Risk Budget (Free Surplus at Risk) and Embedded Value at Risk analysis.
Valuation - responsible for Stat, GAAP, Tax actuarial balances supporting the business.
Non-Traditional Roles - may include UW, Agency Compensation, Product Management and Strategy roles.
*FSA designation in the Society of Actuaries. *Member of the American Academy of Actuaries. *Completion of SOA and AAA general and position-specific continuing education requirements *Minimum of 4 years of previous actuarial experience. *College degree is required.
*Possess knowledge of life insurance and annuity products. *Possess strong technical and analytical skills. *Possess strong problem solving and decision making abilities. *Be proficient in Microsoft Word and Excel and various pricing, forecasting, or valuation platforms. *Possess strong individual accountability. *Possess high quality of work ethic while remaining committed to corporate values. *Have strong oral and written communication skills. *Have a strong sense of ownership and ability to manage projects independently. *Have the ability to present to senior leaders, as well as peers, in a clear manner, fostering dialogue and helping to drive decisions. *Possess ability to manage projects effectively.
*Have the ability to multi-task with shifting priorities, with a high degree of urgency under tight deadlines. *Have the ability to build relationships and collaborate with a wide range of teams across the organization.
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New York Life Insurance Company
Website : http://www.newyorklife.com/
New York Life Insurance has been providing life insurance policies in the Big Apple since it was a tiny seed. While the top mutual life insurer in the US has branched out a bit, it retains its core business: life insurance and annuities. Its products include long-term care insurance and special group policies sold through AARP and other affinity groups and professional associations. New York Life Investments' offerings include mutual funds for individuals and investment management services for institutional investors. Through New York Life International, the firm provides life policies in overseas markets. Founded in 1841, New York Life is owned by its policyholders.