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    Actuarial Development Program - Charlotte, United States - Equitable

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    Full time
    Description

    Job Number: 9006

    External Description: At Equitable, our strength lies in our diverse team of individuals from different backgrounds and cultures. This diversity not only makes us a stronger team but also empowers us to make a positive impact in our communities. If you're looking to work alongside dynamic individuals, enhance your skills, and explore innovative ways of working, then this is the place for you.

    Actuarial Development Program

    Equitable's Actuarial Development Program (ADP) - Level I is dedicated to nurturing the growth and development of aspiring actuaries. Our program aims to broaden the actuarial community by offering new and exciting learning opportunities to a diverse group of actuarial students. The ADP provides study time and exam support to help students pass their actuarial exams. The 18-month rotation program includes roles in areas such as Model Modernization & Development (Life & Annuity), Reinsurance & M&A, Risk Management, Valuation & Reporting, Growth Solutions/IR/GR/Life Pricing, Model Governance, Internal Audit, among others.

    Key Responsibilities may include:

    • Deeper understanding and focus on developing/modernizing various actuarial models
    • Pricing new financial products
    • Compiling, reporting, and automating actuarial balances
    • Evaluating actuarial risks and hedge strategies
    • Reviewing experience data and suggesting assumption updates
    • Explaining the changes in actuarial balances and their impact on company financial performance

    The base salary for this position is $68,000 with increments for each SOA exam passed. Actual salaries vary based on skills, experience, and location. Equitable also offers additional compensation through salary increases, spot bonuses, and short-term incentive opportunities based on performance.

    Required Qualifications:

    • Bachelor's degree in Mathematical, Statistical, Economics, and/or Actuarial Sciences
    • At least 1 SOA exam passed

    Preferred Qualifications:

    • 1 year of actuarial experience
    • Demonstrated verbal and written communication skills

    Skills

    • Accuracy and Attention to Detail: Ability to work with precision
    • Managing Multiple Priorities: Effective self-management skills
    • Statistics and Actuarial Modeling: Knowledge of modeling tools and techniques
    • Diversity, Equity and Inclusion: Commitment to promoting diversity and inclusion

    ABOUT EQUITABLE

    Equitable has been a pillar of stability and reliability for our clients since 1859, offering them peace of mind and the confidence to pursue their dreams for themselves and their loved ones.

    As an employer, Equitable is dedicated to fostering a work environment where every individual feels comfortable being their authentic selves. Recognized as a great place to work, Equitable provides ample opportunities for career growth and development within the organization, with almost 40% of open positions being filled by current employees.

    Aside from competitive compensation and comprehensive benefits, including medical programs and a 401(k) plan, Equitable emphasizes ongoing professional development in a supportive corporate setting.

    Equitable upholds equal employment opportunities for all employees, applicants, and candidates based on individual qualifications, without discrimination on the basis of various factors.

    Location: Charlotte, North Carolina, US



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