The Actuarial Assistant role involves assisting in product development, profitability analysis, actuarial research, and completing valuation requirements. It supports actuarial exam progression and offers opportunities for skill development.
Location Designation: Hybrid - 3 days per week
This position is hybrid in our Tampa, FL office. Tuesday - Thursday in office, Monday & Friday work from home.
New York Life is one of the leading writers of individual life insurance in the U.S. In 1994, the company opened its direct marketing ('Direct') operation in Tampa, FL, which markets Group Life insurance products to AARP members.
Business Overview:
Actuaries at New York Life are actively involved in many aspects of the company's operations, including the design and pricing of products, the evaluation of the company's financial results, and setting the strategic vision of the company. We provide our actuarial professionals with a broad background in both the theoretical and practical applications of actuarial science by combining challenging rotating job assignments and significant support towards the completion of the actuarial exams. We also provide significant opportunities to improve business and leadership skills that will enable advancement through the company and prove valuable throughout one's career.
What You'll Do:
Job responsibilities are dependent on placement, and may include assisting with:• Developing premiums and benefits for new or enhanced insurance products• Designing new products and product features• Projecting profitability generated by the company's products• Preparing studies on financial experience• Performing actuarial research and statistical analysis• Completing Statutory and Tax valuation requirements• Building and testing actuarial models• Performing special projects as assigned
What You'll Bring:• Passage of one or more Society of Actuaries exams (working toward ASA/FSA designation)• A recent or upcoming college graduate, with a Bachelor's degree with an accredited college or university (preferred majors in Actuarial Science, Mathematics, Statistics, Engineering, Sciences, Economics, or Finance)• Prefer cumulative GPA of 3.0 or higher• Strong written and oral communication, and strong interpersonal skills• Strong analytical and problem-solving skills• Prefer knowledge of modeling packages, programming languages, and spreadsheet/database software
Pay Transparency
Salary Range: $57,500-$100,000
Overtime eligible: Exempt
Discretionary bonus eligible: Yes
Sales bonus eligible: No
Actual base salary will be determined based on several factors but not limited to individual's experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.
Company Overview
At New York Life, our 180-year legacy of purpose and integrity fuels our future. As we evolve into a more technology-, data-, and AI-enabled organization, we remain grounded in the values that drive lasting impact.
Our diverse business portfolio creates opportunities to make a difference across industries and communities-inviting bold thinking, collaborative problem-solving, and purpose-driven innovation. Here, you'll find the rare balance of long-standing stability and forward momentum, supported by an inclusive team that honors tradition while embracing progress.
As a Fortune 100 mutual company, we offer a place to grow your skills, contribute to meaningful work, and deliver solutions that matter. Your ideas drive what's next, and your growth powers it.
Our Benefits
We provide a full package of benefits for employees - and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work.Click hereto discover more about our comprehensive benefit options or visit our NYL Benefits Site.
Our Commitment to Inclusion
At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life's leadership in this space.
Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.
Visit our LinkedIn to see how our employees and agents are leading the industry and impacting communities.
Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees' needs.
Job Requisition ID: 92536
This position is hybrid in our Tampa, FL office. Tuesday - Thursday in office, Monday & Friday work from home.
New York Life is one of the leading writers of individual life insurance in the U.S. In 1994, the company opened its direct marketing ('Direct') operation in Tampa, FL, which markets Group Life insurance products to AARP members.
Business Overview:
Actuaries at New York Life are actively involved in many aspects of the company's operations, including the design and pricing of products, the evaluation of the company's financial results, and setting the strategic vision of the company. We provide our actuarial professionals with a broad background in both the theoretical and practical applications of actuarial science by combining challenging rotating job assignments and significant support towards the completion of the actuarial exams. We also provide significant opportunities to improve business and leadership skills that will enable advancement through the company and prove valuable throughout one's career.
What You'll Do:
Job responsibilities are dependent on placement, and may include assisting with:• Developing premiums and benefits for new or enhanced insurance products• Designing new products and product features• Projecting profitability generated by the company's products• Preparing studies on financial experience• Performing actuarial research and statistical analysis• Completing Statutory and Tax valuation requirements• Building and testing actuarial models• Performing special projects as assigned
What You'll Bring:• Passage of one or more Society of Actuaries exams (working toward ASA/FSA designation)• A recent or upcoming college graduate, with a Bachelor's degree with an accredited college or university (preferred majors in Actuarial Science, Mathematics, Statistics, Engineering, Sciences, Economics, or Finance)• Prefer cumulative GPA of 3.0 or higher• Strong written and oral communication, and strong interpersonal skills• Strong analytical and problem-solving skills• Prefer knowledge of modeling packages, programming languages, and spreadsheet/database software
Pay Transparency
Salary Range: $57,500-$100,000
Overtime eligible: Exempt
Discretionary bonus eligible: Yes
Sales bonus eligible: No
Actual base salary will be determined based on several factors but not limited to individual's experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.
Company Overview
At New York Life, our 180-year legacy of purpose and integrity fuels our future. As we evolve into a more technology-, data-, and AI-enabled organization, we remain grounded in the values that drive lasting impact.
Our diverse business portfolio creates opportunities to make a difference across industries and communities-inviting bold thinking, collaborative problem-solving, and purpose-driven innovation. Here, you'll find the rare balance of long-standing stability and forward momentum, supported by an inclusive team that honors tradition while embracing progress.
As a Fortune 100 mutual company, we offer a place to grow your skills, contribute to meaningful work, and deliver solutions that matter. Your ideas drive what's next, and your growth powers it.
Our Benefits
We provide a full package of benefits for employees - and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work.Click hereto discover more about our comprehensive benefit options or visit our NYL Benefits Site.
Our Commitment to Inclusion
At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life's leadership in this space.
Recognized as one of Fortune's World's Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.
Visit our LinkedIn to see how our employees and agents are leading the industry and impacting communities.
Visit our Newsroom to learn more about how our company is constantly evolving to meet our clients' and employees' needs.
Job Requisition ID: 92536
Top Skills
Actuarial Science
Database Software
Economics
Engineering
Finance
Mathematics
Modeling Packages
Programming Languages
Spreadsheet Software
Statistics
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