Associate Actuary
$80,000–$120,000 year
On-site · West Chester, Pennsylvania, United States
Job Summary
The Associate Actuary role involves primary responsibilities for Variable Annuity model validation and transaction review projects, requiring collaboration across Finance and Corporate Development teams and external Actuarial service providers. Key duties include performing detailed reviews of actuarial models, validating assumption/model changes, conducting User Acceptance Testing, and managing documentation for audit trails. Successful candidates must possess a Bachelor’s degree in related fields, ASA/FSA credentials, and 5-6+ years of relevant industry experience, with strong technical, analytical, and problem-solving skills.
Required Qualifications
- Bachelor’s degree in Mathematics, Actuarial Science, Finance or related business discipline
- ASA or newly credentialed FSA
- 5-6+ years financial, insurance industry, or actuarial experience
- Excellent technical skills: Excel, databases, actuarial projection/valuation software, programming (e.g. R, Python, VBA, SQL)
- Strong analytical skills or advanced knowledge of actuarial concepts; ability to use this knowledge to lead/develop solutions
- Solid understanding of insurance products, regulations, or insurance company structure from prior experience in related roles
- Detail oriented and strong analytical problem-solving skills
Desired Qualifications
- Prior experience with variable annuity products, modeling, hedging, and/or valuation
- Prior consulting and/or related M&A experience
Additional Requirements
- The use of AI tools during interviews is not permitted without prior approval of Venerable.
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