Actuary Jobs

About The Position

Requirements

• Experience with defined benefit pension plans.
• Ability to interpret and implement complex pension plan benefit provisions and draft documents.
• Experience in at least one of pricing, valuation, actuarial modeling, pension administration, or contracts.
• Experience with pension benefit calculation modeling, testing, or production.
• Project management experience.
• Self-starter comfortable with complexity and ambiguity and able to explore multiple solutions to problems.
• Awareness of governance best practices and required controls.
• Competence using Microsoft Office programs.
• Ability to work and thrive in a dynamic team environment, with excellent interpersonal, written, and oral communication skills and the ability to explain complex material clearly, concisely, and in a focused manner.
• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field.
• Pursuing or holding a certification from the Society of Actuaries, the Enrolled Actuaries, or the American Society of Pension Professionals & Actuaries.

Nice To Haves

• Familiarity with Copilot and VBA coding.

Responsibilities

• Explain technical actuarial and/or pension topics to the Head of US PRT in New Jersey.
• Serve as the company’s defined benefit pension plan expert.
• Assess pension risks, calculate premiums, and customize contract terms affecting premiums or operations.
• Guide onboarding and lead cross-functional collaboration.
• Design or implement governance, controls, processes, and procedures.
• Review actuarial calculations and methodology in a controlled environment.
• Execute the actuarial model risk management framework, including model development and testing.
• Apply technical expertise to support Operations and Valuation teams and ensure successful implementation of new business and accurate, reliable financial reporting.
• Lead projects creatively and exercise sound judgment.
• Depending on background, underwrite pension risks, perform actuarial calculations, and assemble commitment agreements; manage technical onboarding; support call center benefit calculations, modeling, and testing; draft and review pension contract provisions; and lead inforce governance and special projects.

Benefits

• Medical, dental, and vision insurance plans.
• Mental health support and wellness initiatives.
• Retirement benefits options, varying by location.
• In the U.S., a 401(k) plan with dollar-for-dollar company matching up to 6% of eligible pay and an additional company contribution equal to 3% of eligible pay, subject to plan terms and annual IRS limits; company contributions vest immediately.
• Employee Assistance Program with confidential counseling services and resources.
• Matching charitable donations to tax-exempt organizations 1:1, up to $5,000.
• Up to 16 annual volunteer hours.
• Eligible employees start with at least 24 paid time off days.
• Discretionary bonus under the applicable incentive plan.