PRT Actuary

TruStage

United StatesPosted about 1 month agoDiscoveredMatch locked

RemoteFull Time

About the role

At TruStage , we're on a mission to make a brighter financial future accessible to everyone. We put people first, and work hand in hand with employees and customers to create a diverse and inclusive environment. Passionate about building insurance and financial services solutions, we push the boundaries of what's possible. We need you to help us shape what's next. You'll be encouraged to share your experiences, ideas and skills to help others take control of their financial future. Join a team that has received numerous awards for being a top place to work: TruStage awards and recognition

Job Purpose

This position is a mid-level actuarial position with significant independence to perform analysis and develop solutions to actuarial issues with limited direction. The primary purpose is to assist actuaries in the pricing of Pension Risk Transfer (PRT) opportunities.

Job Responsibilities

Code and execute proprietary PRT pricing model for initial premium valuations

Code and execute PRT pricing model for premium recalculations

Help to maintain and improve the PRT pricing model and other processes

Execute more complicated participant benefit calculations, including QDROs, death benefits and late retirements. Review standard calculations

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Draft and review PRT contract language

Support the growing PRT product through special projects

If applicable, actively pursue actuarial accreditation. Maintains good standing in the actuarial student program.

The above statement of duties is not intended to be all inclusive and other duties will be assigned from time to time.

Job Requirements

Bachelor's degree in actuarial science, statistics, mathematics or a related field or equivalent professional related work experience

Four-plus years of experience in actuarial setting with progressive responsibilities

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ASA/ACAS Level or equivalent

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Pension experience strongly preferred.

Ability to communicate technical concepts to non-technical audiences

Ability to interact with other functional areas as required.

Ability to pay attention to detail, produce accurate results and develop self-validation skills. Strong organization and time management skills.

Ability to handle multiple priorities and tight deadlines.

Ability to work independently or as part of a team.

Ability to develop and use collaborative relationships to facilitate the accomplishment of work goals.

If you're ready to help make a difference, apply today.A resume is required to apply. TruStage may process applicant information using an Artificial Intelligence (AI) tool.This tool automatically generates a screening score based on how well applicant information matches the requirements and qualifications for the position. TruStage recruiters use the screening score as a guide to further evaluate candidates; the score is one component of an application review and does not automatically determine whether a candidate moves forward.Candidates may choose to opt out of this process. Compensation may vary based on the job level, your geographic work location, position incentive plan and exemption status.

Base Salary Range

$108,100.00 - $162,200.00 At TruStage , we believe a sound, inclusive benefits program is of vital importance, along with a flexible workplace that allows for work-life balance, career growth and retirement assistance. In addition to your base pay, your position may be eligible for an annual incentive (bonus) plan. Additional benefits available to eligible employees include medical, dental, vision, employee assistance program, life insurance, disability plans, parental leave, paid time off, 401k, and tuition reimbursement, just to name a few. Beyond pay and benefits, we also recognize that flexibility, including working in a place you prefer, is essential to caring for our employees. We will continue to strive to offer flexibility and invest in technology and other tools that will make hybrid working normal rather than an exception, so that when "life happens," you can focus on what's most important.

Accommodation request

TruStage is a place where everyone can bring their best self and thrive. If you need application or interview process accommodations, please contact the accessibility department. Originally posted on Himalayas

Not included in the source posting: about the role, benefits.

Skills

artificial-intelligence

Who can apply

The employer didn't state any visa, work authorization, citizenship or clearance requirements in this posting. Confirm with the employer before applying.

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