Senior Analyst - Actuarial
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Job Description
The Nassau Companies of New York seeks Senior Analyst - Actuarial at its facility located at One American Row, Hartford, CT 06103.
JOB DESCRIPTION:
Perform testing on actuarial models in various software programs, including Excel, TAS, MG-ALFA, and MG-Triton. Document testing results thoroughly. Participate in the validation of valuation and projection results. Update and maintain asset/liability models for designated life and annuity products. Work closely with financial reporting team to ensure consistency between actual reported results and model projections. Understand the principles involved in pricing, valuing and/or modeling insurance products. Hybrid telecommuting permitted; 2-3 days per week in office required.
REQUIREMENTS:
This position requires a Bachelor's degree or foreign equivalent in Actuarial Science, Mathematics, or a related field, plus 1 year of experience as an Actuary, Actuarial Analyst, or related occupation. Additionally, the applicant must have employment experience with: (1) Utilizing Microsoft Excel, VBA and Access, MG-Triton, and R to create and maintain actuarial models; (2) Working with product development and pricing, product management, embedded value, cash flow testing, financial plan, actuarial projection models, valuation, risk management, hedging, ALM, and Merger & Acquisition Analysis; (3) Utilizing Microsoft Excel, VBA and Access, and MG-Triton to perform modeling; and (4) Applying actuarial knowledge of life insurance or financial economics to actuarial projects.
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