At Equitable, our power is in our people.
We're individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential?
Equitable completed a comprehensive agile transformation across the organization referred to as New Ways of Working. Members of the actuarial team were part of the first wave of this change with the standing up of our Finance Modernization initiative. The rest of the teams have now joined them in New Ways of Working through the creation of the Actuarial Center of Excellence. Led by our Chief Actuary, the Center of Excellence encompasses corporate actuaries working on valuation, model development, assumption setting, regulatory monitoring and advocacy, governance and financial reporting.
The Annuity Model Development Senior Actuary supports the timely and controlled development of the Annuity cash flow projection models. This role will be reporting into the Head of Modeling.
Responsibilities include, but are not limited to:
- Partner closely with Valuation, Assumptions, Accounting Policy, Pricing and Risk Management teams in the development of sustainable annuity projection models, compliant with emerging accounting and regulatory frameworks
- Implement processes, infrastructure and controls to ensure accurate and timely delivery of annuity projection models and results
- Examples of model development work include, but are not limited to:
- US GAAP including LDTI
- VA Statutory and Capital
- Economic Valuation and Economic Capital
- Implementing, quantifying and reviewing assumption and model updates
- Finance Modernization initiatives to improve processes, controls, and analytics
- Ensure compliance with company model architecture standards and change management governance processes
Location: This role can work out of our offices in Charlotte, NC; New York, NY or Syracuse, NY OR be 100% remote.
In Office Schedule: For those that work in an office location, this role will be working in office 2-3 days per week.
The total targeted compensation range for this position is $149,000 - $195,000. Total compensation varies based on skills, experience, geographical location and other factors.
For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below.
Equitable Pay and Benefits: Equitable Total Rewards Program
Required Qualifications:
- Bachelor’s degree in Mathematics, Statistics and/or Actuarial Science
- ASA Designation
- 4+ years of modeling, valuation and/or pricing experience
- Hands on experience working with annuity products
- Experience building and improving actuarial models (AXIS preferred)
Preferred Qualifications:
- FSA Designation
- Results oriented, accountable for performance and motivated to take ownership of projects
- Capacity and eagerness to challenge and influence in a highly collaborative way
Skills
Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
Communicating Complex Concepts: Knowledge of effective presentation tools and techniques to ensure clear understanding; ability to use summarization and simplification techniques to explain complex technical concepts in simple, clear language appropriate to the audience.
Problem Solving: Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems; ability to apply knowledge of problem solving appropriately to diverse situations.
Statistics and Actuarial Modeling: Knowledge of statistical and actuarial modeling tools and techniques; ability to apply modeling processes and techniques to facilitate risk management decisions.
Diversity, Equity and Inclusion: Demonstrates a commitment to Diversity, Equity and Inclusion by treating everyone with respect and dignity, ensuring all voices are heard and advocating for change.
About Equitable
At Equitable, we’re a team of over ten thousand strong; committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives.
We turn challenges into opportunities by thinking, working, and leading differently – where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities.
We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork.
We are looking for talented, dedicated, purposeful people who want to make an impact. Join Equitable and pursue a career with purpose.
Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.
NOTE: Equitable participates in the E-Verify program.
If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources at (212) 314-2211 or email us at TalentAcquisition@equitable.com.
Primary Location
UNITED STATES-NC-Charlotte
Other Locations
UNITED STATES-NY-New York, UNITED STATES-Remote, UNITED STATES-NY-Syracuse
Organization
Equitable
Schedule
Full-time
