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Equitable

Equitable

Annuity Model Development Senior Actuary - 100% Remote Eligible

Annuity Model Development Senior Actuary - 100% Remote Eligible

Job Details
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Uploaded On
May 22, 2024
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Location
UNITED STATES-NC-Charlotte
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Remote?
Yes
Company Overview
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Headquarters
New York, NY
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Number of Employees
8200
Estimated Number of Actuaries
111
Salary
$
149
k-$
195
k
Glassdoor Ratings
""
Recommend to a Friend
59%
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Overall Score
3.6 / 5

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At Equitable, our power is in our people.

We're individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential?

Equitable completed a comprehensive agile transformation across the organization referred to as New Ways of Working. Members of the actuarial team were part of the first wave of this change with the standing up of our Finance Modernization initiative. The rest of the teams have now joined them in New Ways of Working through the creation of the Actuarial Center of Excellence. Led by our Chief Actuary, the Center of Excellence encompasses corporate actuaries working on valuation, model development, assumption setting, regulatory monitoring and advocacy, governance and financial reporting.

The Annuity Model Development Senior Actuary supports the timely and controlled development of the Annuity cash flow projection models. This role will be reporting into the Head of Modeling.

Responsibilities include, but are not limited to: 

  • Partner closely with Valuation, Assumptions, Accounting Policy, Pricing and Risk Management teams in the development of sustainable annuity projection models, compliant with emerging accounting and regulatory frameworks
  • Implement processes, infrastructure and controls to ensure accurate and timely delivery of annuity projection models and results
  • Examples of model development work include, but are not limited to:
    • US GAAP including LDTI
    • VA Statutory and Capital
    • Economic Valuation and Economic Capital
    • Implementing, quantifying and reviewing assumption and model updates
    • Finance Modernization initiatives to improve processes, controls, and analytics
  • Ensure compliance with company model architecture standards and change management governance processes

Location: This role can work out of our offices in Charlotte, NC; New York, NY or Syracuse, NY OR be 100% remote.

In Office Schedule: For those that work in an office location, this role will be working in office 2-3 days per week.


The total targeted compensation range for this position is $149,000 - $195,000. Total compensation varies based on skills, experience, geographical location and other factors.

For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below.

Equitable Pay and Benefits: Equitable Total Rewards Program

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Working at 

Equitable

Offers a range of financial services, including life insurance, annuities, and investment products, designed to help clients secure their financial well-being and retirement security.

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