GGY AXIS Modeling Associate
Exciting Opportunity: Actuarial Modeling Associate
Are you passionate about actuarial model development and looking to make a significant impact? There is an exciting opportunity to join a team as an Actuarial Modeling Associate.
Summary/Objective: This role focuses on actuarial model development, testing, and governance to support valuation, pricing, reinsurance, and financial projections. The Actuarial Modeling Associate will work closely with the Lead Actuarial Modeler and the broader actuarial team to ensure a high-quality, well-documented, and efficient modeling framework.
Essential Functions:
- Assist in transforming actuarial models (MYGA, FIA, MYGIA) for all actuarial use cases (STAT, GAAP, CFT, Projections, Plan, Capital) from ALFA to GGY Axis.
- Support unit testing, aggregate testing, and back-testing to validate accuracy.
- Help refine model structure and clean up existing model logic for efficiency.
- Collaborate with IT and actuarial teams to integrate the model into a production environment.
- Execute production environment testing in partnership with IT.
- Document model assumptions, methodology, and governance processes.
- Support model validation efforts, ensuring compliance with internal controls and regulatory standards.
Qualifications
- Bachelor's Degree in Actuarial Science, Mathematics, Statistics, or a related STEM field.
- Associate of the Society of Actuaries (ASA) designation or significant progress toward ASA.
- 4+ years of actuarial experience, preferably in annuities or life insurance.
- Familiarity with actuarial modeling software (e.g., GGY AXIS preferred).
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