Job DescriptionJoin Ameriprise Financial's Valuation team as an Actuarial Associate, where you'll apply your analytical and modeling skills to support key actuarial valuation activities. In this role, you'll develop and enhance actuarial models, analyze and communicate results to management, and help drive accurate business insights. You'll also have the opportunity to mentor junior team members and interns while continuing to grow your actuarial expertise in a collaborative environment.
Key Responsibilities- This position will support the Corporate Actuarial group with a focus on analyzing GAAP and Statutory reserves for our insurance valuation business. In addition, the position will support initiatives to enhance the understanding of Long-Duration Targeted Improvements (LDTI).
- With limited supervision, provides technical analysis and support by developing, improving, operating and documenting various actuarial models.
- Prepares job related reports, summarizes and communicates results to middle management.
- Participates in projects within a well-defined scope and responsibility and performs actuarial modeling and analysis.
- Supports the validation and development of business controls.
- Professional development to maintain Actuarial credentials
Required Qualifications- Bachelors degree or equivalent (4 years)
- 3-5 years relevant experience
- All Introductory ASA exams plus 1 Actuarial/Advanced ASA Exam or Requirement.
- Validation by Educational Experience (VEE) coursework completion.
- 3 years of actuarial experience.
- Ability to work independently; self-starter.
- Strong written and verbal communication skills.
- Ability to build strong relationships
Preferred Qualifications- Experience with MS Excel, SQL, Python, Power BI, and other database applications
In-Office CollaborationWe are a client-centric, relationship-based business. Working together, in-person, is foundational to how we achieve results. By fostering a culture of face-to-face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders - clients, advisors, employees and shareholders.
Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week. Some roles may require additional in-office time or different in-office expectations, and specific requirements will be discussed during the hiring process.
Visa SponsorshipApplicants must have a valid work authorization that does not now, or in the future, require visa sponsorship for employment in the United States (e.g., H-1B, F-1 CPT, F-1 OPT, TN).
Base Pay SalaryThe estimated base salary for this role is $93,400 - $128,400 / year. We have a pay-for-performance compensation philosophy. Your initial total compensation may vary based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that supports all aspects of your health and well-being, including but not limited to vacation time, sick time, 401(k), and health, dental and life insurances.
Full-Time/Part-TimeFull time
Exempt/Non-ExemptExempt
Job Family GroupFinance
Line of Business FIN Finance
