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AG
American General Life Insurance Company
ADP Actuarial Assistant
Entry-Level JobVerifiedNo experience needed
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What they do
An Actuary calculates the financial costs of risk and uncertainty. Uses findings from statistical analysis and mathematical modeling to help businesses and clients minimize the cost of risk and develop business and investment strategies. Uses actuarial analysis of the probability and cost of natural disasters or accidents to develop insurance policies.
$120,415 / year median in Texas
+11% projected growth
Job Description
Who We Are At Corebridge Financial, we believe action is everything. That's why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow. We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life: We are stronger as one: We collaborate across the enterprise, scale what works and act decisively for our customers and partners.
We deliver on commitments:
We are accountable, empower each other and go above and beyond for our stakeholders. We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future.We are inclusive:
We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work.MUST BE LIVING OR WILLING
to relocate to Houston, TX, Jersey City, NJ, or Woodland Hills, CA (suburb of Los Angeles) office and work hybrid Who You'll Work With As an ADP Actuarial Assistant, you will be part of our Actuarial Development Program where you begin as a student that will rotate into various positions throughout the actuarial departments in order to gain a wide range of knowledge and experiences that can be leveraged throughout the Actuary's career. Although not every rotation path is the same for every student, common roles often include, but are not limited to, Valuation, Product Development, Asset-Liability Management, and Experience Analysis. Responsibilities- Utilize your academic skill set and collaborate with others in driving business and actuarial solutions.
- Understand how insurance products are designed and implemented in a competitive manner, aligned with the financial needs of our customers
- Analyze business results and help to ensure we effectively meet all of our commitments to our policyholders
- Understand different types of risk and how to effectively mitigate
- Work with a team of collaborative and passionate associates, committed to driving the best results for Corebridge Financial and its customers.
- Simplify complex processes and analysis into clear and concise explanations
- Make consistent progress in the Society of Actuaries examination process. #LI-SB1 #LI-SAFG #LI-Hybrid Skills and Qualifications
- Bachelor's degree in actuarial science, mathematics, statistics, economics, finance, or other quantitative field
- Completion of one or more SOA exams
- Prior internship experience preferred
- Detailed oriented
- Strong analytical problem-solving skills
- Good verbal and written communication skills
- Ability to work independently and within a team
- Familiarity with MS Office especially Access and Excel
- Programming skill in SAS, Python, Visual Basic, SQL, or C++ a plus, but not required Compensation The anticipated salary range for this position is $72,000 - $115,000 at the commencement of employment.