Hiring Mirror provides consulting services to a broad array of clients in the life insurance and financial services industries. We are looking for a self-motivated actuarial student to work closely with consulting actuaries on a variety of projects, such as due diligence, actuarial modeling in MG-ALFA, and analysis of life insurance blocks. This position provides excellent opportunities for professional development and on-the-job learning. The person/people hired for this role will be required to work in-person in either our NYC or NJ office on a weekly basis, but flexible work arrangements will be discussed.

Job responsibilities

Develop actuarial projections for an insurance block in MG-ALFA
Review, organize and analyze data
Assist in developing deal models in Microsoft Excel for M&A assignments
Perform static and dynamic model validations
Assist in preparation of written actuarial reports and opinions
Assist with research projects
Work independently to complete tasks
Required

0 to 1 years of experience in financial services, excluding internships / co-ops
Bachelor’s degree
Demonstrated experience/interest in programming or data science, including advanced experience with Microsoft Excel (VBA), experience with Microsoft Access / SQL, Power BI, or other languages such as Python, SAS or R
At least 2 actuarial exams passed, and plans to continue on FSA path
Desire and ability to interact and communicate effectively (written and oral) with colleagues and clients.
Desire and ability to adapt to a variable workload
Ability to analyze and apply creative problem solving both independently and within a team
Preferred but not required

Familiarity with life/health/annuity products, especially variable annuities, indexed annuities, or indexed universal life.
Experience developing or maintaining actuarial models, especially in MG-ALFA or other actuarial modeling platform
Experience working at life/health/annuity insurer, actuarial consulting practice, or investment firm or investment bank servicing the life insurance industry
Familiarity with fixed income and equity securities, including derivatives
Qualifications

Education

Required

Bachelors or better in Actuarial Science or related field.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)