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 engagementExpand digital capabilitiesMaximize product offeringsLeverage 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 areasProvide and enhance analytics of the Inforce assets under management (AUM) in the IR portfolioIn collaboration with other Team members, ideate strategic inforce actions/initiatives/value propositions Support initiatives related to inforce reinsurance transactionsCollaborate 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 questionsExperiment with strategies and build hypotheses to drive strategic decision-makingThe 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
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 engagementExpand digital capabilitiesMaximize product offeringsLeverage 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 areasProvide and enhance analytics of the Inforce assets under management (AUM) in the IR portfolioIn collaboration with other Team members, ideate strategic inforce actions/initiatives/value propositions Support initiatives related to inforce reinsurance transactionsCollaborate 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 questionsExperiment with strategies and build hypotheses to drive strategic decision-makingThe 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
Required Qualifications
Bachelor's degreeFSA or ASA designation4 years of actuarial experience2 years actuarial modeling experience with variable annuity products in GGY Axis softwareKnowledge of Variable Annuities and Individual Retirement products Sound understanding of financial reporting and key metrics (STAT / GAAP/Economic)Exceptional analytical skills with the ability to perform complex actuarial analysis independently and provide recommendationsPreferred Qualifications
Proven verbal and written communication skills along with effective presentation abilities Self-starting with strong organization skills and the ability to manage a process and handle multiple competing priorities in a demanding environmentAbility to adopt the Agile mindset and behaviors including experimental mindset to drive innovationAdvanced proficiency using GGY Axis software (annuity module)Ability to partner with cross functional teams including Distribution, Finance, Risk, Legal, Marketing, and ITUnderstanding of the client needs, advisor incentives, and marketing practicesSkills
Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
Communicating Complex Concepts: Knowledge of effective presentation tools and techniques to ensure clear understanding; ability to use summarization and simplification techniques to explain complex technical concepts in simple, clear language appropriate to the audience.
Financial Risk Management: Knowledge of tools, techniques, and strategies applied in financial risk management; ability to quantify, qualify, and manage financial risk.
Insurance Products: Knowledge of insurance products, product groups and services; ability to apply the knowledge of products and services appropriately to diverse situations, including but not limited to marketing development and product consulting.
Problem Solving: Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems; ability to apply knowledge of problem solving appropriately to diverse situations.
Statistics and Actuarial Modeling: Knowledge of statistical and actuarial modeling tools and techniques; ability to apply modeling processes and techniques to facilitate risk management decisions.
Diversity, Equity and Inclusion: Demonstrates a commitment to Diversity, Equity and Inclusion by treating everyone with respect and dignity, ensuring all voices are heard and advocating for change.
ABOUT EQUITABLE
At Equitable, we’re a team of over ten thousand strong; committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives.
We turn challenges into opportunities by thinking, working, and leading differently – where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities.
We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork.
We are looking for talented, dedicated, purposeful people who want to make an impact. Join Equitable and pursue a career with purpose.
Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.
NOTE: Equitable participates in the E-Verify program.
If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources at (212) 314-2211 or email us atTalentAcquisition@equitable.com.
Required Qualifications
Bachelor's degreeFSA or ASA designation4 years of actuarial experience2 years actuarial modeling experience with variable annuity products in GGY Axis softwareKnowledge of Variable Annuities and Individual Retirement products Sound understanding of financial reporting and key metrics (STAT / GAAP/Economic)Exceptional analytical skills with the ability to perform complex actuarial analysis independently and provide recommendationsPreferred Qualifications
Proven verbal and written communication skills along with effective presentation abilities Self-starting with strong organization skills and the ability to manage a process and handle multiple competing priorities in a demanding environmentAbility to adopt the Agile mindset and behaviors including experimental mindset to drive innovationAdvanced proficiency using GGY Axis software (annuity module)Ability to partner with cross functional teams including Distribution, Finance, Risk, Legal, Marketing, and ITUnderstanding of the client needs, advisor incentives, and marketing practicesSkills
Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
Communicating Complex Concepts: Knowledge of effective presentation tools and techniques to ensure clear understanding; ability to use summarization and simplification techniques to explain complex technical concepts in simple, clear language appropriate to the audience.
Financial Risk Management: Knowledge of tools, techniques, and strategies applied in financial risk management; ability to quantify, qualify, and manage financial risk.
Insurance Products: Knowledge of insurance products, product groups and services; ability to apply the knowledge of products and services appropriately to diverse situations, including but not limited to marketing development and product consulting.
Problem Solving: Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems; ability to apply knowledge of problem solving appropriately to diverse situations.
Statistics and Actuarial Modeling: Knowledge of statistical and actuarial modeling tools and techniques; ability to apply modeling processes and techniques to facilitate risk management decisions.
Diversity, Equity and Inclusion: Demonstrates a commitment to Diversity, Equity and Inclusion by treating everyone with respect and dignity, ensuring all voices are heard and advocating for change.
ABOUT EQUITABLE
At Equitable, we’re a team of over ten thousand strong; committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives.
We turn challenges into opportunities by thinking, working, and leading differently – where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities.
We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork.
We are looking for talented, dedicated, purposeful people who want to make an impact. Join Equitable and pursue a career with purpose.
Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.
NOTE: Equitable participates in the E-Verify program.
If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources at (212) 314-2211 or email us atTalentAcquisition@equitable.com.