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TIAA-CREF Individual & Institutional Services, LLC

ADP Actuarial Associate

TIAA-CREF Individual & Institutional Services, LLC - Charlotte, NC

Description

Job Description

COMPANY OVERVIEW:

As long as there are people who make the world a better place, well keep making a difference for them. Since 1918, it has been TIAAs mission to serve those who serve others. It is this mission and the values we embrace that make us a different kind of financial services organization.

When you work here at TIAA, youre not just in it for yourself. You are part of something bigger. A collective mission to make a difference - a collective mission we make our own.

To be difference makers.

For more information about TIAA, visit our website

POSITION SUMMARY:

Actuarial Associates in TIAAs Actuarial Development Program provide actuarial and related assistance with respect to pricing, product development, valuation, risk analysis/management and retirement plan support. Actuarial Associates receive support in completing the requirements necessary to obtain Fellowship in the Society of Actuaries.

KEY RESPONSIBILITIES AND DUTIES:

Depending on the particular assignment, the Actuarial Associate may: Support risk analyses performed with respect to the companys actuarial liabilities and capital position to ensure adequate reserving and financial strength of annuity and life insurance product lines, as well as overall financial strength of the company; Support the development of new life insurance products and features; Perform asset and liability modeling and analyses of life insurance and annuity products; Perform asset adequacy testing and analyses of life insurance and annuity lines of business; Provide actuarial assistance in support of new and existing pension business, including the testing of retirement plans for compliance with non-discrimination rules and actuarial valuation of defined benefit plans; Support development of pricing structure and design of annuity and life insurance products, including determination of premium rates, dividend scales and policyholder illustrations; Perform valuations of actuarial reserves and liabilities.

QUALIFICATIONS:

Required Skills, Certifications, Degrees and/or Licenses:

Bachelor or Masters in Mathematics, Actuarial Science or related field

GPA of 3.4 or higher

Two Society of Actuaries (SOA) exams passed

At least 2 years of actuarial experience

Desired Skills:

Strong communication and problem-solving skills

Leadership potential

Technical skills such as programming languages and Excel

Financial modeling experience

Experience with life insurance, annuities, or retirement plans

Equal Employment Opportunity is not just the law, it’s our commitment. Read more about the Equal Employment Opportunity Law

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This organization is an equal employment opportunity (EEO) employer, dedicated to maintaining a work environment free of bias, harassment, discrimination and retaliation. As an EEO employer, this organization expressly prohibits discrimination, harassment, and retaliation on the basis of race, creed, ethnicity, color, age, religion, sex, sex stereotype, pregnancy (including childbirth, breastfeeding or related medical conditions where applicable), sexual orientation, gender, gender identity, gender expression, transgender, marital status, national origin, ancestry, physical or mental disability, requesting a reasonable accommodation based on mental or physical disability, medical condition (as defined by applicable law), genetic history and information, citizenship status, military or veteran status, or any other status protected by federal, state, or local law or ordinance or regulation (collectively referred to here as “protected characteristics”).

©2016 Teachers Insurance and Annuity Association of America (TIAA), 730 Third Avenue, New York, NY 10017

C23921

16 days 21 hours ago

TIAA-CREF Individual & Institutional Services, LLC

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ADP Actuarial Associate TIAA-CREF Individual & Institutional Services, LLC - Charlotte, NC, United States

   

Location: Charlotte, NC

Company Profile:
TIAA-CREF is a leading financial services organization with $487 billion in assets under management (as of 3/31/12). The firm is a leader in helping those in the academic, medical, cultural, governmental and research fields plan for retirement, and life’s other goals. Over 3.7 million individuals trust us to help support their financial well-being.