Actuarial Associate

Actuarial Associate

Actuarial Associates provide actuarial and related assistance with respect to pricing, product development, valuation, risk analysis/management and retirement plan support. They receive support in completing the requirements necessary to obtain Fellowship in the Society of Actuaries.

Key Responsibilities and Duties

• Support risk analyses of the company's actuarial liabilities and capital position to ensure adequate reserving and financial strength.
• Perform asset adequacy testing, asset and liability modeling and analyses of life insurance and annuity products.
• Provide actuarial assistance in support of new and existing pension business like, testing of retirement plans for compliance, developing pricing structure and design of annuity insurance products.
• Perform valuations of actuarial reserves and liabilities.

Qualifications

• No Experience Required

• University (Degree), Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level

5IC

*Candidate must have completed an internship with the Actuarial Services team during the 2023 Summer and been extended a full-time offer based on performance*

Related Skills

Accountability, Actuarial Science, Business Acumen, Collaboration, Communication, Continuous Improvement Mindset, Executive Presence, Financial Acumen, Financial Modeling, Problem Solving, Relationship Management, TIAA Products/Services Acumen

Base Pay Range: $68,000/yr. - $116,100/yr.

Actual base salary may vary based upon, but not limited to, relevant experience, time in role, base salary of internal peers, prior performance, business sector, and geographic location. In addition to base salary, the competitive compensation package may include, depending on the role, participation in an incentive program linked to performance (for example, annual discretionary incentive programs, non-annual sales incentive plans, or other non-annual incentive plans).

Company Overview

TIAA is the leading provider of financial services in the academic, research, medical, cultural and government fields. We offer a wide range of financial solutions, including investing, banking, advice and education, and retirement services.

Benefits and Total Rewards

The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That's why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being. To learn more about your benefits, please review our Benefits Summary.

Equal Opportunity

We are an Equal Opportunity/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.

Read more about the Equal Opportunity Law here.

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:

Phone: (800) 842-2755

Email: [email protected]

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