Senior Actuarial Support Specialist
Apply NowCompany: Guardian Life Insurance
Location: New York, NY 10025
Description:
As a Senior Actuarial Support Specialist, you will be responsible for managing the implementation of the annual dividend scale for whole life policies that are maintained on three Administrative Systems. You will work with partners in IT and other units to ensure the integrity of the life dividend. You will also support the Product team in developing future whole life and term life products. Additionally, you will provide support to the Customer Support team, the Illustration team, the Operation and Issue teams, as well as other Individual Markets (IM) functions.
This will be a highly technical role with the responsibility of ensuring that rates and values are correct for all inforce and future policies.
You are:
You have:
You will:
Reporting Relationships:
As a Senior Actuarial Support Specialist, you will report to our Actuarial Support Manager, who reports to the Head of Actuarial Support.
Location and Work Arrangement:
Travel:
Salary Range:
$80,940.00 - $132,975.00
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. Explore our company benefits at www.guardianlife.com/careers/corporate/benefits. 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.
This will be a highly technical role with the responsibility of ensuring that rates and values are correct for all inforce and future policies.
You are:
- A self-starter who is detail oriented, inquisitive, and analytical. Someone with strong verbal communication skills and the ability to connect with both actuaries and non-actuaries. A team player and problem solver.
You have:
- Strong analytical skills, ability to identify problems and find solutions, ability to confidently overcome obstacles, ability to trace through results in order to identify errors
- Aptitude for financial math
- Demonstrated programming expertise with modern programming languages. Python would be a plus.
- Preferred 2-3 years of experience in an operational and/or analytical capacity.
- Preferred life insurance industry experience.
- Experience or willingness to promptly learn APL Win and use SAS. Familiarity with Amazon Workspace (AWS) database and MySQL is a plus.
- Strong Microsoft Office Skills, especially Excel (including Macros)
- Bachelor's Degree in Math, Programing, Statistics or related field is required
You will:
- Work with 'Rates and Values' SMEs with long term goal of becoming one of the dividend implementation successors. Update and modernize dividend implementation systems as the need arises. Write technical specs for annual dividend scale implementation. Maintain the Dividend Formula Book annually. Research the impact of certain dividend scale actions. Maintain or enhance the dividend liability system. Address policy values and Product and Dividend related calculation questions.
- Work with Life Pricing and the Product Implementation Team (PIT) to implement new Whole Life and Term products in our Admin systems. Be responsible for any supporting rate and factor file creation or calculation engines that are necessary.
- Work with business and technical staff across the Life Insurance Organization to develop and design solutions for various innovative features (such as new dividend options or new riders)
- Support testing of modifications to complex calculations in the various Admin, Illustration and Issue systems, including stand-up of new systems
- Work to maintain and replace the Legacy systems
Reporting Relationships:
As a Senior Actuarial Support Specialist, you will report to our Actuarial Support Manager, who reports to the Head of Actuarial Support.
Location and Work Arrangement:
- The work arrangement will be hybrid, with three days per week in Guardian's NYC Home Office at Hudson Yards.
Travel:
- No travel required for this position
Salary Range:
$80,940.00 - $132,975.00
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. Explore our company benefits at www.guardianlife.com/careers/corporate/benefits. 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.