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?
Individual Retirement designs and distributes annuity products to help individuals accumulate wealth and prepare for the income they will need in retirement. With more than 900,000 active variable annuity policies, Equitable is one of the leading providers in this important asset class.
Individual Retirement operates on four key pillars:
- Amplify engagement
- Expand digital capabilities
- Maximize product offerings
- Leverage New Ways Of Working
The Inforce Optimization Team seeks to enable Equitable to pursue new opportunities by unlocking the capital supporting the Inforce portfolio through innovative solutions. The Team is responsible for designing, developing, and executing initiatives to optimize client outcomes and extract additional value from the inforce portfolio.
Equitable is seeking a Strategic Modeling Actuary supporting Inforce Optimization to join our Individual Retirement team. This role will be a critical team member of the Inforce Optimization Team. They will collaborate with Team members to help achieve Team missions under a test-and-learn culture that entails Minimal Viable Product delivery, innovation, frequent engagement with customers and stakeholders, and continuous iteration.
Key Job Responsibilities
- Characterize and monitor the value/risk profile of Individual Retirement Inforce and integrate insights using GGY Axis actuarial models and reports available from other areas
- Provide and enhance analytics of the Inforce assets under management (AUM) in the IR portfolio
- In collaboration with other Team members, ideate strategic inforce actions/initiatives/value propositions
- Support initiatives related to inforce reinsurance transactions
- Collaborate with Team members to help achieve Team OKRs and execute on Team Backlog by using New Ways of Working (NWOW) principles
- Encourage a culture of innovation and curiosity by testing assumptions and asking insightful questions
- Experiment with strategies and build hypotheses to drive strategic decision-making
The base salary range for this position is $103,000 - $153,000. Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility.
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
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.