16 days old

Senior Actuarial Associate (Annuities Model Development)

Shelton, CT 06484
  • Job Code

This position is in the Model Development Team within the Annuities Pricing and Risk-Based Design group, which is responsible for designing, building, and maintaining the models and analytical tools used to conduct pricing analyses and design new products. The Associate Actuary position requires an individual with strong analytical, quantitative modeling, programming, and problem-solving skills, as well as deep actuarial knowledge. This individual will be an integral part of the model development team, and will be responsible for building and enhancing variable and payout annuities pricing models to support the fast-paced product development and pricing initiatives.

Primary Responsibilities:

Research, design, develop, maintain, debug, and enhance the in-house Matlab-based stochastic pricing models

Create and/or maintain tools, programs, and utilities in Matlab and Excel VBA environments to support demand for more complex analysis and automated processes

Independently research and make recommendations for improvements to enhance methodology, capability, ease-of-use, and efficiency

Create and enhance controls and documentation to meet risk governance requirements

Coordinate with team to analyze and design new product provisions

Connect with peers and other business partners to create robust solutions to complex business challenges

Collaborate with peers and work on multiple projects in a dynamic and fast-paced environment


1-2 years of actuarial experience Annuities Pricing / Valuation / Modeling experience preferred

Programming skills Matlab and VBA preferred

Strong analytical, problem solving, and time management skills

Highly motivated independent thinker, able to work effectively alone or in a team environment

Willing to quickly develop knowledge of current portfolio of annuity products, designs, and benefits

Strong oral and written communication skills


2-3 Actuarial Exams Passed

Knowledge in annuities Statutory Valuation, US GAAP and capital framework is a plus

Experience in Excel VBA, C/C++ and Object-Oriented Programming (OOP) is a plus

GPU Technology (CUDA C) exposure desirable

Experience with GGY AXIS is a plus

Experience with git or other version control systems is a plus

Sponsored by:
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Sponsored by:
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Senior Actuarial Associate (Annuities Model Development)

Shelton, CT 06484

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Shelton, CT

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