When you join New York Life, you're joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You'll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.
Role Overview:
This role is part of the full-time actuarial development program. We provide our actuarial trainees with a broad background in both the theoretical and practical applications of actuarial science by combining challenging rotating job assignments and significant support towards the completion of the actuarial exams. We also provide ample opportunities to improve business and leadership skills that will enable advancement through the company.
What You'll Do:
Our multitude of roles offer traditional and non-traditional actuarial opportunities across an array of insurance products and functions where you may:
• Develop premiums and benefits for new and enhanced individual and group insurance and annuity products
• Design new products and product features
• Monitor experience and develop modeling assumptions
• Project profitability and analyze drivers of financial performance
• Evaluate matching of assets and liabilities including development of optimal investment strategy
• Quantify risk exposure and propose ways to manage risk
• Perform actuarial research and statistical analyses.
• Perform special projects as assigned
What You'll Bring:
As an Actuarial Assistant, you will possess excellent communication and interpersonal skills, along with a strong analytical mindset and effective decision-making abilities.
Required Skills:
• Bachelor's degree with preferred majors in Actuarial Science, Mathematics, Statistics, Engineering, Sciences, Economics, or Finance
Preferred Skills:
• Prefer cumulative GPA of 3.0 or higher
• Prefer passage of two or more Society of Actuaries exams (working toward ASA/FSA designation in the Society of Actuaries)
• Prefer knowledge of modeling packages, programming languages, and spreadsheet/database software
Salary range: $60,000 -$105,000
Overtime eligible: Exempt
Discretionary bonus eligible: Yes
Sales bonus eligible: No
Click here to learn more about our benefits. Starting salary is dependent upon several factors including previous work experience, specific industry experience, and/or skills required.
Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. We invite you to bring your talents to New York Life, so we can continue to help families and businesses "Be Good At Life." To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.
Job Requisition ID: 92356
What the Team is Saying
Similar Jobs
What We Do
At New York Life, our 180-year legacy of integrity, mutuality, and financial strength fuels a future defined by bold transformation. As the largest mutual life insurance company in the U.S., we operate on behalf of our policy owners—not shareholders. That structure allows us to take a long-term view, investing in people, purpose, and innovation that endures. Guided by a clear enterprise vision to become a technology-, data-, and AI-powered company, we’re modernizing our platforms, rearchitecting experiences, and embedding intelligence across our products and services. Our mission has always been about helping people through life’s most meaningful moments. Today, technology is amplifying that mission—enabling us to serve clients, advisors, and communities in more personalized, proactive ways. With a diversified business portfolio spanning insurance, investments, retirement, group benefits, and direct-to-consumer offerings, New York Life delivers the stability of a Fortune 100 company with the agility of one that’s continuously evolving. We’re powered by a values-led culture, inclusive teams, and a shared belief that when our people thrive, so does our company. Here, tradition fuels momentum—and your ideas, energy, and growth power what’s next.
Why Work With Us
New York Life is transforming from the inside out—blending 180 years of trust with the velocity of innovation. What makes us different is our culture: grounded in integrity, humanity, and shared success—values that show up in how we work, lead, and grow. If you want a place where innovation has purpose—build what's next with us.
Gallery
New York Life Insurance Company Teams
New York Life Insurance Company Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
