Employee Benefits Valuation Actuary (Remote)

Description: 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 is looking for an Employee Benefits Valuation Actuary to join our team. Our Employee Benefits (Group Insurance) line of business started in 2015 and is one of the fastest growing businesses that now includes Long Term and Short Term Disability, Paid Family Leave, Group Life and Waiver of Premium, Hospital Indemnity, Accident, Critical Illness, Vision and Dental. This position will perform Employee Benefits GAAP and Statutory valuation. It will also be a key contributor to assumption setting, model development, and regulatory filings.

Key Job Responsibilities include, but are not limited to:

• Perform GAAP and Statutory valuation on quarterly basis
• Perform experience studies and set valuation assumptions to reflect emerging experience
• Maintain actuarial models and perform model development
• Prepare Statutory Year-End filings

Hours of Operation: This role will need to work during EST time zone. The base salary range for this position is $117,000 - $170,000. Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility. 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, Actuarial Science or related field
• 5 years of actuarial work experience in financial reporting
• ASA designation or exam progression towards actuarial accreditation
• Established technical skills (Excel modeling)

Preferred Qualifications:

• Experience in Group Insurance/Employee Benefits products, specifically Long-Term Disability highly desired
• Insurance company financial knowledge

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.

Financial Risk Management: Knowledge of tools, techniques, and strategies applied in financial risk management; ability to quantify, qualify, and manage financial risk.

Insurance Products: Knowledge of insurance products, product groups and services; ability to apply the knowledge of products and services appropriately to diverse situations, including but not limited to marketing development and product consulting.

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.

Community / Marketing Title: Employee Benefits Valuation Actuary - 100% Remote Eligible