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Senior Actuarial Support Specialist

Guardian
New York City, United Statesfull_timeVerifiedPosted 3 Jun 2024
💰 $130,365/yr($79,350/yr$130,365/yr)

About the role

As the Senior Actuarial Support Specialist you will be responsible for managing the implementation of the annual dividend scale for whole life policies that are maintained on three administrative systems. You will work with partners in IT and other units to ensure the integrity of the life dividend. You will also support the Product team in developing future whole life and term life products. Additionally, you will provide support to the Customer Support team, the Illustration team, the Operation and Issue teams, as well as other Individual Markets (IM) functions.

This will be a highly technical role with the responsibility of ensuring that rates and values are correct for all inforce and future policies!

You are

  • A self-starter who is detail oriented, inquisitive, and analytical. Someone with strong verbal communication skills and the ability to connect with both actuaries and non-actuaries. A great teammate and problem solver.

You will

  • Work with ‘Rates and Values’ SMEs with long term goal of becoming the dividend implementation successor. Update and modernize dividend implementation systems as the need arises. Write technical specs for annual dividend scale implementation. Maintain the Dividend Formula Book annually. Research the impact of certain dividend scale actions. Maintain or enhance the dividend liability system. Address policy values and Product and Dividend related calculation questions.

  • Work with Life Pricing and the Product Implementation Team (PIT) to implement new Whole Life and Term products in our Admin systems. Be responsible for any supporting rate and factor file creation or calculation engines that are necessary.

  • Work with business and technical staff across the Life Insurance Organization to develop and design solutions for various innovative features (such as new dividend options or new riders)

  • Support testing of modifications to complex calculations in the various Admin, Illustration and Issue systems, including stand-up of new systems

  • Work to maintain and replace the Legacy systems

You have

  • Demonstrated programming expertise with modern programming languages

  • Demonstrated ability in an operational and/or analytical capacity.

  • Experience or willingness to promptly learn APL Win and SAS. Familiarity with Amazon Workspace (AWS) database and MySQL is a plus.

  • Strong Microsoft Office Skills, especially Excel (including Macros)

  • Strong analytical skills, ability to identify problems and find solutions, ability to confidently overcome obstacles, ability to trace through results in order to identify errors

  • Skills for financial math

  • Bachelor’s Degree or equivalent experience in Math, Programming, Statistics or related field is required

Salary Range

$79,350.00 - $130,365.00

The salary range reflected above is a good faith estimate of base pay for the primary location of the position. The salary for this position ultimately will be determined based on the education, experience, knowledge, and abilities of the successful candidate. In addition to salary, this role may also be eligible for annual, sales, or other incentive compensation.

Our Promise

At Guardian, you’ll have the support and flexibility to achieve your professional and personal goals.  Through skill-building, leadership development and philanthropic opportunities, we provide opportunities to build communities and grow your career, surrounded by diverse colleagues with high ethical standards.

Inspire Well-Being

As part of Guardian’s Purpose – to inspire well-being – we are committed to offering contemporary, supportive, flexible, and inclusive benefits and resources to our colleagues.

Health Care

  • Choice of [high deductible/copay] medical plans* with prescription drugs, including coverage for fertility and transgender inclusive benefits

  • Dental plan

  • Vision plan

  • Health care accounts – flexible spending, health reimbursement, and health savings accounts

  • Critical illness insurance

Life and Disability Insurance

  • Company-paid Life and Disability insurance plus voluntary supplemental coverage

  • Accident insurance

Retirement and Financial

  • 401(k) retirement plan with a company match, plus an annual age/service-based Company contribution and an annual profit-sharing contribution, if applicable

  • Complimentary 1:1 financial guidance with a licensed Fidelity representative

Time Off and Remote Work

  • Flexible work arrangements (part in-person/part remot

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Company

Guardian

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