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New York Life Insurance Company · 22 hours ago

Senior Associate, Actuarial Support

White Plains, NY

Full-time

Hybrid

Mid, Senior Level

$90K/yr - $105K/yr

2+ years exp

New York Life Insurance Company is seeking a capable Associate to join the GMAD Actuarial Valuation team. This role supports valuation activities for Life, Disability, and Accident & Health products, focusing on data validation, model execution, and report preparation.

FinanceFinancial ServicesInsurance

H1B Sponsor Likely

Responsibilities

Assist with quarterly and annual statutory and management valuation processes for Life, Disability, and A&H business lines

Support data collection, validation, and reconciliation from third-party administrators (TPAs)

Run actuarial models and assist with troubleshooting to ensure accurate reserve calculations

Help summarize valuation results and contribute to documentation for internal reporting

Assist with off-cycle reserve calculations to meet policyholder reporting needs, support GMAD pooling and reinsurance requirements, and producing projections for financial planning

Support premium rate implementation tasks in systems like PRASE, including configuration testing and deployment of rates across multiple insurance products (Life, Health, Disability)

Assist with translating pricing specifications into system inputs under direction from senior staff

Participate in system testing with cross-functional teams (Account Management, IT, and QA) and track issues during deployments

Help monitor system output post-deployment and troubleshoot issues as needed, working closely with developers and testers to resolve discrepancies

Work with Account Management, IT, and actuarial teams to align on data inputs, assumptions, and reporting timelines

Attend cross-functional meetings to stay aligned with project updates and requirements

Communicate clearly and professionally with internal stakeholders on assigned deliverables

Qualification

Prophet actuarial softwareValuation systemsData validationMathematics degreeAnalytical experienceJIRA proficiencyAttention to detailOrganizational skills

Required

Bachelor's degree in Mathematics, Statistics, Finance, Data Science, or a related analytical field

2–5 years of experience in actuarial, financial, or analytical roles within insurance (Life, Disability, or A&H preferred)

Strong attention to detail and organizational skills

Ability to manage multiple concurrent deadlines and deliverables in a fast-paced, cyclical release environment

Comfortable working in structured systems such as JIRA and adhering to defined release processes

Preferred

Experience with Prophet actuarial software is strongly preferred

Experience with valuation systems, rate-coding tools, or systems-oriented processes is highly desirable

Benefits

Leave programs

Adoption assistance

Student loan repayment programs

Company

New York Life Insurance Company

For over 180 years, we’ve helped turn your biggest dreams into milestones that last a lifetime.

Founded in 1845

New York, New York, USA

10001+ employees

https://www.newyorklife.com/

H1B Sponsorship

New York Life Insurance Company has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (149)

2024 (99)

2023 (85)

2022 (77)

2021 (48)

2020 (65)