Associate

Associate - Actuaries Analytics - IN
Sr. Actuarial Associates are members of the Actuarial Development Program which provides a broad set of work experience, full Society of Actuaries exam support, the development of communication and leadership skills, and the opportunity for mentoring and networking. It is a rotational program with rotations of 12 – 24 months, where the Sr. Actuarial Associate will continue to develop and apply skills to provide actuarial and related assistance with respect to capital adequacy/financial strength, experience studies, actuarial modeling, asset liability management (ALM), valuation, retirement plan support, product development, pricing, non-guaranteed element determination and other business functions.
Key Responsibilities and Duties

• Actuarial/risk analyses with respect to the company's actuarial liabilities and capital position to ensure adequate financial strength of annuity and life insurance product lines, as well as overall financial strength of the company.
• Experience studies and assumption development for the annuity and life insurance lines of business.
• Asset and liability modeling and analyses of annuity and life insurance lines of business including financial projections and stress testing.
• Various ALM projects such as economic scenario generation, duration analysis, and interest rate stress testing.
• Valuations of actuarial reserves and liabilities.
• Asset adequacy testing and analyses of annuity and life insurance lines of business.
• Calculation of allowable TDA plan contributions and analyses of mortality trends and longevity risk.
• Development of annuity products, pricing, and policyholder illustrations; determination of non-guaranteed elements such as crediting rates and dividend scales.
• Other business functions including plan pricing support, risk management and potentially others.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 2+ Years Required; 3+ Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
6IC

Related Skills

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

_____________________________________________________________________________________________________

Company Overview

TIAA Global Capabilities was established in 2016 with a mission to tap into a vast pool of talent, reduce risk by insourcing key platforms and processes, as well as contribute to innovation with a focus on enhancing our technology stack. TIAA Global Capabilities is focused on building a scalable and sustainable organization , with a focus on technology , operations and expanding into the shared services business space.

 
Working closely with our U.S. colleagues and other partners, our goal is to reduce risk, improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.

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.

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]

Privacy Notices

For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here.

For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here.

For Applicants of Nuveen residing in Europe and APAC, please click here.