Actuarial Valuation Specialist - Guardian Life
Holmdel, NJ
About the Job
Position Summary
As an actuary in Guardian’s Student Program, you will develop a thorough understanding of our products and how your job responsibilities contribute towards achieving the goals of Guardian. You will assist in performing financial and non-financial analysis and make recommendations consistent with Guardian’s goals regarding growth and profitability. As part of the Student Program, expect to rotate departments every 18 to 24 months, providing the opportunity for a breadth of experience.
Initial position will be within the Fixed Annuity Valuation area. Main job responsibilities will include:
+ Monthly/quarterly/annual valuation and reporting
+ Assistance with annuity Plan projections
+ Collaborate with teammates to build VM22 valuation models
+ Inforce management projects
You are:
A self-starter who is fueled by collaboration, able to transform conceptual thinking into executable insights, who thrives in diving into business problems and using data to make decisions.
You have:
+ Focus on attaining the Actuarial Associate designation in the Society of Actuaries and intends to pursue the Actuarial Fellow designation.
+ A Bachelor’s Degree
+ Proficient in Excel
+ Some experience modeling in AXIS is a plus.
+ Understanding of the interaction between assets and liabilities in actuarial models is a plus.
+ VBA and other programming knowledge a plus
+ Ability to manage multiple projects
+ Strong analytical and communication skills
You will :
+ Identify areas of improvement regarding procedural and/or technical aspects of projects
+ Complete assignments on time and according to specifications provided by your supervisor
+ Strive towards completion of such assignments as independently as possible, recognizing situations where managerial guidance is needed
+ Actively seek and take on additional challenges to grow and develop professionally
+ Utilize internal and external data sources to report financials and better understand industry trends, clients, competitors, and the regulatory environment
Reporting Relationships:
This position reports to Actuarial Valuation Professional, Fixed Annuity Valuation, who in turn reports to the Senior Actuary, Head of Fixed Annuity Valuation.
Location and Work Arrangement:
+ Preferred locations include one of Guardian's offices in Bethlehem, PA; New York, NY; Holmdel, NJ; Boston, MA; or Alpharetta, GA.
+ Work arrangement will be hybrid (combination of in-office presence and work from home).
Travel:
No travel is required for this role.
• Actuarial Student Program
• Valuation/Financial Reporting/Plan Responsibilities
• Inforce Management Support
Salary Range
$78,230.00 - $117,342.50
The salary range reflected above is a good faith estimate of base pay for the primary location of the position. The salary for this position ultimately will be determined based on the education, experience, knowledge, and abilities of the successful candidate. In addition to salary, this role may also be eligible for annual, sales, or other incentive compensation.
Our Promise
At Guardian, you’ll have the support and flexibility to achieve your professional and personal goals. Through skill-building, leadership development and philanthropic opportunities, we provide opportunities to build communities and grow your career, surrounded by diverse colleagues with high ethical standards.
Inspire Well-Being
As part of Guardian’s Purpose – to inspire well-being – we are committed to offering contemporary, supportive, flexible, and inclusive benefits and resources to our colleagues.
Health Care
+ Choice of [high deductible/copay] medical plans* with prescription drugs, including coverage for fertility and transgender inclusive benefits
+ Dental plan
+ Vision plan
+ Health care accounts – flexible spending, health reimbursement, and health savings accounts
+ Critical illness insurance
Life and Disability Insurance
+ Company-paid Life and Disability insurance plus voluntary supplemental coverage
+ Accident insurance
Retirement and Financial
+ 401(k) retirement plan with a company match, plus an annual age/service-based Company contribution and an annual profit-sharing contribution, if applicable
+ Complimentary 1:1 financial guidance with a licensed Fidelity representative
Time Off and Remote Work
+ Flexible work arrangements (part in-person/part remote)
+ Unlimited paid time off for most roles plus time off for volunteering, jury duty, voting, and bereavement
+ Personal holidays for colleagues to use in recognition of religious, cultural, or civic days
+ Paid parental leave and paid family and medical leave policies
Emotional Well-being and Work-Life
+ Emotional well-being, mental health, and work/life resources powered by Spring Health
+ Wellness programs, including fitness program and equipment reimbursement
+ Child, adult, and elder back-up care support through Bright Horizons
+ Adoption assistance
+ College planning
+ Tuition reimbursement
+ Student loan assistance
+ Commuter benefits in select metropolitan areas
Equity & Inclusion
Opportunities to build inclusive and meaningful connections through involvement in colleague-led affinity groups:
+ Employee Resource Groups:
+ Colleague Connection Committees
+ Community Involvement Committees
A culture that encourages colleagues to bring their authentic selves to work
+ Voluntary self-ID
+ Pronunciation and phonetic spelling of names
_Benefits apply to full-time eligible employees. Interns are not eligible for most Company benefits._
Equal Employment Opportunity
Guardian is an equal opportunity employer. All qualified applicants will be considered for employment without regard to age, race, color, creed, religion, sex, affectional or sexual orientation, national origin, ancestry, marital status, disability, military or veteran status, or any other classification protected by applicable law.
Accommodations
Guardian is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. Guardian also provides reasonable accommodations to qualified job applicants (and employees) to accommodate the individual's known limitations related to pregnancy, childbirth, or related medical conditions, unless doing so would create an undue hardship. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact applicant_accommodation@glic.com .
Current Guardian Colleagues: Please apply through the internal Jobs Hub in Workday.
Every day, Guardian helps our 29 million customers realize their dreams through a range of insurance and financial products and services. Our Purpose, to inspire well-being, guides our dedication to the colleagues, consumers, and communities we serve. We know that people count, and we go above and beyond to prepare them for the life they want to live, focusing on their overall well-being — mind, body, and wallet. As one of the largest mutual insurance companies, we put our customers first. Behind every bright future is a GuardianTM. Learn more about Guardian at guardianlife.com .
As an actuary in Guardian’s Student Program, you will develop a thorough understanding of our products and how your job responsibilities contribute towards achieving the goals of Guardian. You will assist in performing financial and non-financial analysis and make recommendations consistent with Guardian’s goals regarding growth and profitability. As part of the Student Program, expect to rotate departments every 18 to 24 months, providing the opportunity for a breadth of experience.
Initial position will be within the Fixed Annuity Valuation area. Main job responsibilities will include:
+ Monthly/quarterly/annual valuation and reporting
+ Assistance with annuity Plan projections
+ Collaborate with teammates to build VM22 valuation models
+ Inforce management projects
You are:
A self-starter who is fueled by collaboration, able to transform conceptual thinking into executable insights, who thrives in diving into business problems and using data to make decisions.
You have:
+ Focus on attaining the Actuarial Associate designation in the Society of Actuaries and intends to pursue the Actuarial Fellow designation.
+ A Bachelor’s Degree
+ Proficient in Excel
+ Some experience modeling in AXIS is a plus.
+ Understanding of the interaction between assets and liabilities in actuarial models is a plus.
+ VBA and other programming knowledge a plus
+ Ability to manage multiple projects
+ Strong analytical and communication skills
You will :
+ Identify areas of improvement regarding procedural and/or technical aspects of projects
+ Complete assignments on time and according to specifications provided by your supervisor
+ Strive towards completion of such assignments as independently as possible, recognizing situations where managerial guidance is needed
+ Actively seek and take on additional challenges to grow and develop professionally
+ Utilize internal and external data sources to report financials and better understand industry trends, clients, competitors, and the regulatory environment
Reporting Relationships:
This position reports to Actuarial Valuation Professional, Fixed Annuity Valuation, who in turn reports to the Senior Actuary, Head of Fixed Annuity Valuation.
Location and Work Arrangement:
+ Preferred locations include one of Guardian's offices in Bethlehem, PA; New York, NY; Holmdel, NJ; Boston, MA; or Alpharetta, GA.
+ Work arrangement will be hybrid (combination of in-office presence and work from home).
Travel:
No travel is required for this role.
• Actuarial Student Program
• Valuation/Financial Reporting/Plan Responsibilities
• Inforce Management Support
Salary Range
$78,230.00 - $117,342.50
The salary range reflected above is a good faith estimate of base pay for the primary location of the position. The salary for this position ultimately will be determined based on the education, experience, knowledge, and abilities of the successful candidate. In addition to salary, this role may also be eligible for annual, sales, or other incentive compensation.
Our Promise
At Guardian, you’ll have the support and flexibility to achieve your professional and personal goals. Through skill-building, leadership development and philanthropic opportunities, we provide opportunities to build communities and grow your career, surrounded by diverse colleagues with high ethical standards.
Inspire Well-Being
As part of Guardian’s Purpose – to inspire well-being – we are committed to offering contemporary, supportive, flexible, and inclusive benefits and resources to our colleagues.
Health Care
+ Choice of [high deductible/copay] medical plans* with prescription drugs, including coverage for fertility and transgender inclusive benefits
+ Dental plan
+ Vision plan
+ Health care accounts – flexible spending, health reimbursement, and health savings accounts
+ Critical illness insurance
Life and Disability Insurance
+ Company-paid Life and Disability insurance plus voluntary supplemental coverage
+ Accident insurance
Retirement and Financial
+ 401(k) retirement plan with a company match, plus an annual age/service-based Company contribution and an annual profit-sharing contribution, if applicable
+ Complimentary 1:1 financial guidance with a licensed Fidelity representative
Time Off and Remote Work
+ Flexible work arrangements (part in-person/part remote)
+ Unlimited paid time off for most roles plus time off for volunteering, jury duty, voting, and bereavement
+ Personal holidays for colleagues to use in recognition of religious, cultural, or civic days
+ Paid parental leave and paid family and medical leave policies
Emotional Well-being and Work-Life
+ Emotional well-being, mental health, and work/life resources powered by Spring Health
+ Wellness programs, including fitness program and equipment reimbursement
+ Child, adult, and elder back-up care support through Bright Horizons
+ Adoption assistance
+ College planning
+ Tuition reimbursement
+ Student loan assistance
+ Commuter benefits in select metropolitan areas
Equity & Inclusion
Opportunities to build inclusive and meaningful connections through involvement in colleague-led affinity groups:
+ Employee Resource Groups:
+ Colleague Connection Committees
+ Community Involvement Committees
A culture that encourages colleagues to bring their authentic selves to work
+ Voluntary self-ID
+ Pronunciation and phonetic spelling of names
_Benefits apply to full-time eligible employees. Interns are not eligible for most Company benefits._
Equal Employment Opportunity
Guardian is an equal opportunity employer. All qualified applicants will be considered for employment without regard to age, race, color, creed, religion, sex, affectional or sexual orientation, national origin, ancestry, marital status, disability, military or veteran status, or any other classification protected by applicable law.
Accommodations
Guardian is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. Guardian also provides reasonable accommodations to qualified job applicants (and employees) to accommodate the individual's known limitations related to pregnancy, childbirth, or related medical conditions, unless doing so would create an undue hardship. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact applicant_accommodation@glic.com .
Current Guardian Colleagues: Please apply through the internal Jobs Hub in Workday.
Every day, Guardian helps our 29 million customers realize their dreams through a range of insurance and financial products and services. Our Purpose, to inspire well-being, guides our dedication to the colleagues, consumers, and communities we serve. We know that people count, and we go above and beyond to prepare them for the life they want to live, focusing on their overall well-being — mind, body, and wallet. As one of the largest mutual insurance companies, we put our customers first. Behind every bright future is a GuardianTM. Learn more about Guardian at guardianlife.com .
Source : Guardian Life