PRT Actuary (Remote)

TruStage

3d•$108,100 - $162,200•Remote

About The Position

At TruStage, we’re on a mission to make a brighter financial future accessible to everyone. We put people first, and work hand in hand with employees and customers to create a diverse and inclusive environment. Passionate about building insurance and financial services solutions, we push the boundaries of what’s possible. We need you to help us shape what’s next. You’ll be encouraged to share your experiences, ideas and skills to help others take control of their financial future. Join a team that has received numerous awards for being a top place to work: TruStage awards and recognition. This position is a mid-level actuarial position with significant independence to perform analysis and develop solutions to actuarial issues with limited direction. The primary purpose is to assist actuaries in the pricing of Pension Risk Transfer (PRT) opportunities.

Requirements

Bachelor’s degree in actuarial science, statistics, mathematics or a related field or equivalent professional related work experience
Four-plus years of experience in actuarial setting with progressive responsibilities
ASA/ACAS Level or equivalent
Pension experience strongly preferred.
Ability to communicate technical concepts to non-technical audiences
Ability to interact with other functional areas as required.
Ability to pay attention to detail, produce accurate results and develop self-validation skills. Strong organization and time management skills.
Ability to handle multiple priorities and tight deadlines.
Ability to work independently or as part of a team.
Ability to develop and use collaborative relationships to facilitate the accomplishment of work goals.

Responsibilities

Code and execute proprietary PRT pricing model for initial premium valuations
Code and execute PRT pricing model for premium recalculations
Help to maintain and improve the PRT pricing model and other processes
Execute more complicated participant benefit calculations, including QDROs, death benefits and late retirements. Review standard calculations
Draft and review PRT contract language
Support the growing PRT product through special projects
If applicable, actively pursue actuarial accreditation. Maintains good standing in the actuarial student program.