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Senior Actuarial Technican

Posted 4 days ago

navy mutual aid associationArlington (VA)

SENIORITY

Senior

SALARY

$92,000 - $105,000

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About the role

Senior Actuarial Technician The Navy Mutual Aid Association is committed to helping military members grow and protect their wealth through providing life, annuity products, and services. Also, assisting Sea Service members and their families in securing federal benefits to which they may be legally entitled. Formed in 1879, we are a non-profit, member-owned association that provides high-quality life insurance, financial education and other benefits to military families nationwide. Financially strong, Navy Mutual is proud to be a first-choice provider of life insurance to service members and their loved ones. Our team's efforts to serve and protect our members and their loved ones is the reason that Navy Mutual enjoys outstanding customer satisfaction member retention ratings. The Senior Actuarial Technician provides technical and analytical support to the actuarial department within a life insurance company. This role is responsible for data preparation, reporting, reserve support, pricing analysis, and experience studies. The incumbent ensures the accuracy of actuarial data and reports while supporting business decisions related to life insurance products and financial results. The Association is open to candidates with varying levels of experience.
Duties and Responsibilities:
  • Compile, validate, and reconcile actuarial and insurance-related data
  • Assist in testing system changes and product implementation
  • Prepare recurring actuarial reports, spreadsheets, and support exhibits
  • Conduct reserve analysis, pricing support, and experience studies
  • Maintain documentation, workpapers, and reporting procedures
  • Support audits, financial reporting, and regulatory reporting needs
  • Identify and resolve data discrepancies
  • Assist with process improvement and reporting automation efforts
  • Collaborate with cross-functional teams to obtain and verify required information
  • Resolves non-standard policyholder questions and requests, including supporting calculations
  • Additional duties depending on industry experience of candidate
  • Other duties as assigned
Navy Mutual offers a comprehensive total rewards package to include competitive compensation and benefit programs. Information on these benefit programs is available at Navy Mutual Career Page. This position has an annualized market-based salary range of $92,000 - $105,000 and is eligible to participate in the Association's bonus program. The final salary offered will generally fall within this range. Multiple factors are taken into consideration to arrive at the compensation package offered to the selected candidate. Factors include, among others, the scope and responsibilities of the role, the selected candidate's work experience, education and training, the work location as well as market and business considerations. At this time, Navy Mutual will not sponsor a new applicant for employment authorization for this position. Navy Mutual Aid Association is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, genetics, disability, age, veteran status, or any other characteristic protected by law.

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