Actuarial Student

Job Responsibilities and Requirements

The Actuarial Student performs varied actuarial functions for the fixed and indexed annuity lines of business, with an emphasis on developing and maintaining actuarial models for liability valuation, cash flow testing, and asset-liability management. Other functions include supervised assistance with model testing and documentation, as well as process improvement and automation using Alteryx.

Duties and Responsibilities :

• Maintain annuity liability models in FIS Prophet, to support the calculation of reserves under IFRS.
• Assist in the monthly valuation of fixed and indexed annuities for Stat and GAAP.
• Assist in the quarterly asset-liability management process.
• Assist in the annual cash flow testing and year-end reporting process.
• Develop workflows using Alteryx to improve data processes related to the maintenance of actuarial models.
• Perform analyses of annuity persistency used to develop and validate model assumptions.
• Provide support for management inquiries and audit requests.
• Continuous progress on actuarial exams.

Education, Qualifications and Experience :

The expected hiring range for this position is $68,190.00 - $91,020.00 annually for work performed in the primary location (Philadelphia, PA). This expected hiring range covers only base pay and excludes any other compensation components such as commissions or incentive awards. The successful candidate's starting base pay will be based on several factors including work location, job-related skills, experience, qualifications, and market conditions. These ranges may be modified in the future.

Work location may be flexible if approved by the Company.

What We Offer

At Reliance Matrix, we believe that creating a more diverse, equitable and inclusive culture allows us to realize more of our potential. And we can't do this without our most important asset-you.

That is why we offer a competitive pay package and a range of benefits to help team members thrive in their financial, physical, and mental wellbeing.

Our Benefits :

EEO Statement

Reliance Matrix is an equal opportunity employer. We adhere to a policy of making employment decisions without regard to race, color, religion, sex, national origin, citizenship, age or disability, or any other classification or characteristic protected by federal or state law or regulation. We assure you that your opportunity for employment depends solely on your qualifications.

LI-Hybrid #LI-AS1

Salary : $68,190 - $91,020