Actuarial Valuation Specialist

Posted 8 Hours Ago
Be an Early Applicant
New York, NY
78K-117K Annually
1-3 Years Experience
Insurance • Financial Services
The Role
The role involves performing financial analysis, monthly/quarterly/annual valuations, and supporting annuity plan projections. You will collaborate on building valuation models and identify improvements in project processes while managing multiple projects and using data for informed decision-making.
Summary Generated by Built In

Position Summary

As an actuary in Guardian’s Student Program, you will develop a thorough understanding of our products and how your job responsibilities contribute towards achieving the goals of Guardian. You will assist in performing financial and non-financial analysis and make recommendations consistent with Guardian’s goals regarding growth and profitability. As part of the Student Program, expect to rotate departments every 18 to 24 months, providing the opportunity for a breadth of experience.

Initial position will be within the Fixed Annuity Valuation area. Main job responsibilities will include:

  • Monthly/quarterly/annual valuation and reporting
  • Assistance with annuity Plan projections
  • Collaborate with teammates to build VM22 valuation models
  • Inforce management projects

You are:

A self-starter who is fueled by collaboration, able to transform conceptual thinking into executable insights, who thrives in diving into business problems and using data to make decisions.

You have:

  • Focus on attaining the Actuarial Associate designation in the Society of Actuaries and intends to pursue the Actuarial Fellow designation.
  • A Bachelor’s Degree
  • Proficient in Excel
  • Some experience modeling in AXIS is a plus.
  • Understanding of the interaction between assets and liabilities in actuarial models is a plus.
  • VBA and other programming knowledge a plus
  • Ability to manage multiple projects
  • Strong analytical and communication skills

You will:

  • Identify areas of improvement regarding procedural and/or technical aspects of projects
  • Complete assignments on time and according to specifications provided by your supervisor
  • Strive towards completion of such assignments as independently as possible, recognizing situations where managerial guidance is needed
  • Actively seek and take on additional challenges to grow and develop professionally
  • Utilize internal and external data sources to report financials and better understand industry trends, clients, competitors, and the regulatory environment

Reporting Relationships:

This position reports to Actuarial Valuation Professional, Fixed Annuity Valuation, who in turn reports to the Senior Actuary, Head of Fixed Annuity Valuation. 

Location and Work Arrangement:

  • Preferred locations include one of Guardian's offices in Bethlehem, PA; New York, NY; Holmdel, NJ; Boston, MA; or Alpharetta, GA.
  • Work arrangement will be hybrid (combination of in-office presence and work from home).

Travel:

No travel is required for this role.

• Actuarial Student Program
• Valuation/Financial Reporting/Plan Responsibilities
• Inforce Management Support

Salary Range$78,230.00 - $117,342.50

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 remote)

  • Unlimited paid time off for most roles plus time off for volunteering, jury duty, voting, and bereavement

  • Personal holidays for colleagues to use in recognition of religious, cultural, or civic days

  • Paid parental leave and paid family and medical leave policies

Emotional Well-being and Work-Life

  • Emotional well-being, mental health, and work/life resources powered by Spring Health

  • Wellness programs, including fitness program and equipment reimbursement

  • Child, adult, and elder back-up care support through Bright Horizons

  • Adoption assistance

  • College planning

  • Tuition reimbursement

  • Student loan assistance

  • Commuter benefits in select metropolitan areas

Equity & Inclusion

Opportunities to build inclusive and meaningful connections through involvement in colleague-led affinity groups:

  • Employee Resource Groups:

  • Colleague Connection Committees

  • Community Involvement Committees

A culture that encourages colleagues to bring their authentic selves to work

  • Voluntary self-ID

  • Pronunciation and phonetic spelling of names

Benefits apply to full-time eligible employees. Interns are not eligible for most Company benefits.Equal Employment Opportunity

Guardian is an equal opportunity employer. All qualified applicants will be considered for employment without regard to age, race, color, creed, religion, sex, affectional or sexual orientation, national origin, ancestry, marital status, disability, military or veteran status, or any other classification protected by applicable law.

Accommodations

Guardian is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. Guardian also provides reasonable accommodations to qualified job applicants (and employees) to accommodate the individual's known limitations related to pregnancy, childbirth, or related medical conditions, unless doing so would create an undue hardship. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact [email protected].

Current Guardian Colleagues: Please apply through the internal Jobs Hub in Workday.

Top Skills

Axis
VBA
The Company
HQ: New York, NY
8,709 Employees
On-site Workplace
Year Founded: 1860

What We Do

Who we are

Guardian makes a difference in the lives of people when they need us most. With over 160 years of stability and fiscal integrity, we are a trusted resource to generations of families and business owners, inspiring well-being and helping build financial confidence.

Today, we stand behind 29 million consumers, helping them prepare and plan for a bright future for themselves and their families. We help business owners care for their employees. And we help people recover and thrive in times of unexpected loss.

As a modern mutual insurance company, we believe in driving value beyond dividends. We invest in our colleagues and are building a progressive, innovative and inclusive culture. We uplift individuals and communities through thoughtful social and environmental programs.

What we stand for

In 1860, a community of immigrants joined together to insure and protect their businesses and families. They were guided by powerful ideals that we’ve continued to stand behind and evolved throughout the years: we do the right thing, we believe people count, we courageously shape the future together, and we go above and beyond for the people we serve.

Guardian employees embrace and live by these values every day. They remind us to put people at the heart of all we do so that we can help protect what matters most to you. Want to help bring these values to life? Join us for a rewarding career and the opportunity to shape the future.

Disclosures:
Financial information concerning Guardian as of December 31, 2022, on a statutory basis: Admitted assets = $76.0 billion; liabilities = $67.2 billion (including $55.0 billion of reserves); and surplus = $8.8 billion. Dividends are not guaranteed. They are declared annually by Guardian’s Board of Directors.
Guardian® is a registered trademark of The Guardian Life Insurance Company of America. © Copyright 2023 The Guardian Life Insurance Company of America 2023-156184 Exp. 5/25

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