Actuarial Associate

Guardian Life Insurance Company•Boston, NY

3d•Hybrid

About The Position

Guardian is seeking a motivated individual to join their team as an Actuarial Associate. This role is part of the Actuarial Leadership Development Program (ALDP), which aims to develop versatile future leaders with cross-functional business acumen and leadership skills. The associate will gain a thorough understanding of Guardian's products and contribute to achieving company goals regarding growth and profitability. The program includes departmental rotations every 18 to 24 months for a breadth of experience. The ideal candidate is a self-starter, collaborative, able to transform conceptual thinking into executable insights, and uses data to make decisions.

Requirements

Bachelor’s degree in a mathematics-based field
Regularly taking actuarial exams to pursue the Actuarial Fellow designation in the Society of Actuaries
A minimum of two years of prior work experience in the actuarial field
Proficient in MS Excel as well as experience in using actuarial modeling / data visualization software
Ability to communicate pricing analyses to technical and non-technical audiences
Ability to contribute to multiple projects with multiple deliverables simultaneously
Strong analytical and technical skills with the ability to synthesize sophisticated information
Must be legally authorized to work in the United States, without the need for employer sponsorship/support now or at any time in the future.

Nice To Haves

Bachelor’s degree in actuarial science
Actuarial Associate designation in the Society of Actuaries
3-5 years of prior work experience in the actuarial field
An understanding of group pricing practices including the use of experience
Prior work experience in Group Pricing, particularly Disability coverage

Responsibilities

Perform financial and non-financial analysis and make recommendations consistent with Guardian’s goals regarding growth and profitability.
Utilize internal and external data sources to better understand industry trends, clients, competitors, and the regulatory environment.
Complete assignments on time and according to specifications provided by your supervisor as independently as possible, recognizing situations where managerial guidance is needed.
Execute rate development and state rate filings that support the strategic goals set forth by the Group Finance Strategy Team.
Provide actuarial support for product, underwriting, finance, and distribution initiatives impacting pricing models and resulting rates.
Recommend and actively support the use of new and advanced techniques to modernize the pricing approach and improve accuracy.