Actuarial Associate

TIAA • New, KY

3d

About The Position

The Actuarial Associate is a member of the Actuarial Development Program which provides a broad set of work experience, full Society of Actuaries exam support, the development of communication and leadership skills, and the opportunity for mentoring and networking. It is a rotational program that typically has 3 rotations of 12 – 24 months, where the Actuarial Associate acquires and applies skills to provide actuarial and related assistance with respect to capital adequacy/financial strength, experience studies, actuarial modeling, asset liability management (ALM), valuation, retirement plan support, product development, pricing, non-guaranteed element determination and other business functions.

Requirements

• Must have participated in TIAA's 2025 Internship Program.
• Related Skills Accountability, Actuarial Science, Business Acumen, Collaboration, Communication, Continuous Improvement Mindset, Executive Presence, Financial Acumen, Financial Modeling, Problem Solving, Relationship Management, TIAA Products/Services Acumen

Responsibilities

• Supports actuarial/risk analyses with respect to the company's actuarial liabilities and capital position to ensure adequate financial strength of annuity and life insurance product lines, as well as overall financial strength of the company.
• Assists with experience studies and assumption development for the annuity and life insurance lines of business.
• Helps with asset and liability modeling and analyses of annuity and life insurance lines of business including financial projections and stress testing.
• Supports various ALM projects such as economic scenario generation, duration analysis, and interest rate stress testing.
• Helps with valuations of actuarial reserves and liabilities.
• Assists with asset adequacy testing and analyses of annuity and life insurance lines of business.
• Assists with calculation of allowable TDA plan contributions and analyses of mortality trends and longevity risk.
• Supports the development of annuity products and policyholder illustrations; determination of non-guaranteed elements such as crediting rates and dividend scales.
• Helps with business functions including plan pricing support, risk management and potentially others.

Benefits

• The organization is committed to making financial well-being possible for its clients, and is equally committed to the well-being of our associates. That’s why we offer a comprehensive Total Rewards package designed to make a positive difference in the lives of our associates and their loved ones. Our benefits include a superior retirement program and highly competitive health, wellness and work life offerings that can help you achieve and maintain your best possible physical, emotional and financial well-being.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level