Actuarial Assistant
Navy Mutual Aid Association•Arlington, VA
•$80,690 - $100,863•Onsite
About The Position
The Actuarial Assistant supports actuarial functions for life insurance and annuity products, including pricing, valuation, financial modeling, and experience analysis. The role develops and enhances actuarial models, performs data analysis, and contributes to financial reporting, risk assessment, and regulatory compliance to support sound business and strategic decisions.
Responsibilities
- Assist in actuarial model development, testing, and maintenance.
- Perform experience studies, including mortality, lapse, and expenses, and analyze trends.
- Support product pricing and profitability analysis.
- Assist with reserve calculations for statutory reporting.
- Extract, validate, and analyze large datasets from internal systems.
- Prepare reports, documentation, and exhibits for internal and regulatory purposes.
- Conduct financial projections and scenario and sensitivity testing.
- Identify and resolve data discrepancies and model issues.
- Partner with Finance, Product, Risk, and Underwriting teams.
- Support audits, compliance reviews, and preparation of actuarial memoranda.
- Participate in process improvement and automation initiatives.
- Assist with dashboard development and reporting enhancements.
- Support ad hoc actuarial analyses and business projects.
- Stay current on industry trends, regulations, and actuarial standards.
Benefits
- Comprehensive total rewards package
- Competitive compensation
- Benefit programs
- Eligible to participate in the Association’s bonus program
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What This Job Offers
Job Type
Full-time
Education Level
No Education Listed
