Associate Actuary I
About The Position
Join a growing actuarial modeling team responsible for validating and testing critical model enhancements supporting valuation, cash flow testing, corporate planning, and assumption-setting functions. The role focuses on analytical problem-solving, model validation, and collaboration across actuarial disciplines to ensure model accuracy and governance standards are met. As a senior member of the testing team, the Associate Actuary I helps develop and enhance testing protocols, supports special projects, and evaluates model changes from the development team. The role also serves as a technical mentor and resource to junior analysts, helping improve the team's modeling and testing capabilities. The position is onsite in Houston, Texas, and relocation assistance is available. It offers the opportunity to influence model governance practices, contribute to high-impact actuarial initiatives such as VM-22, and help shape a growing actuarial testing function.
Requirements
- Bachelor's degree in mathematics, statistics, economics, or a related field with a strong mathematical background.
- Four to six years of experience.
- ASA designation and progress toward FSA designation.
- Ability to demonstrate sufficient progress in understanding and applying basic actuarial principles.
- Strong communication skills.
Nice To Haves
- Prior actuarial model testing experience.
- Experience with Moody's AXIS; experience with ALFA, MoSes, or PathWise is also considered.
- Programming experience with SQL, VBA, and/or VB.NET.
- Demonstrated leadership, mentoring, and stakeholder management skills.
Responsibilities
- Design and execute model testing strategies.
- Support model governance initiatives.
- Document testing results and present findings to senior leadership.
- Develop and enhance testing protocols.
- Support special projects, including initiatives such as VM-22.
- Evaluate model changes received from the development team.
- Mentor junior analysts and provide technical guidance.
- Interact with stakeholders and guide developing actuaries on effective presentation and communication techniques.
Benefits
- Multiple medical plan options.
- Dental coverage.
- Vision coverage.
- Basic life insurance.
- Health savings accounts.
- Company-funded 401(k) plan with automatic enrollment.
- Paid time off.
- Paid holidays.
- Relocation assistance.
- Inclusive, people-first culture that values flexibility, work-life balance, and professional growth.
- Casual dress environment.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
