Empower

Analyst Actuarial Modeling

Empower  •  Republic of India (Onsite)  •  13 days ago
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Job Description

Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.

Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

The Actuarial Modeling Analyst will work with MG-ALFA and GGY AXIS systems actuarial valuation models to generate financial results and analysis. The Analyst will bring actuarial valuation systems expertise in GGY AXIS and MG-ALFA modeling applications. The successful candidate will be a highly motivated, organized, and demonstrated expertise with applicable systems and data.

Primary Responsibilities:

  • Builds, maintains and runs complex actuarial models.

  • Ensures compliance with department policies, actuarial standards and applicable regulations.

  • Executes and documents support for key management internal controls.

  • Prepares axis results reports and financial analyses in support of financial and regulatory reporting.

  • Team development, coaching and performance reviews

  • Subject matter expert (SME) in GGY AXIS and MG-ALFA valuation modeling

Educational Qualification:

  • Bachelor's degree in actuarial science, math/statistics or equivalent is required.

  • FSA preferred

  • ASA and MAAA designation or equivalent in India required

Required skills and competencies:

  • Has conceptual knowledge of actuarial systems and transferring skills to processes.

  • Working knowledge of internal controls and model documentation

  • Can design solutions for actuarial model or data process issues.

  • Advanced proficiency in MS Office including Excel, Access and VBA.

  • Strong communication skills.

  • Ability to produce complex results and provide initial analyses.

  • Identifies and participates in implementing improvements.

  • Demonstrates strong work ethic and personal accountability

  • Builds collaborative and cooperative relationships.

  • Adjusts to changing events and priorities; displays a positive approach; focuses energy on determining possibilities.

  • Makes decisions within guidelines, controls and policies that impact priorities and allocation of time to meet deadlines.

  • Manages costs (time) related to work.

Required Experience:

  • 4-6 years of financial services experience

  • Experience of working on risk/financial/actuarial Modeling using excel/VBA/R etc.


This job description is not intended to be an exhaustive list of all duties, responsibilities and qualifications of the job. The employer has the right to revise this job description at any time. You will be evaluated in part based on your performance of the responsibilities and/or tasks listed in this job You may be required perform other duties that are not included on this job description. The job description is not a contract for employment, and either you or the employer may terminate employment at any time, for any reason, as per terms and conditions of your employment contract.

We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age, race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.

Empower

About Empower

At Empower, we’ve always been guided by strong values with a focus on helping people achieve the financial freedom they deserve.

It’s been an incredible journey so far, but our story is just getting started.

From the very beginning, we’ve prided ourselves on putting our customers first in everything we do — which will never change. The genesis of Empower dates back to 1891, when our parent company was founded as an insurance firm on the Canadian prairie. After more than a century of expansion and a profound evolution of service offerings, the modern iteration of Empower was launched in 2014. Our past is a big part of who we are as a business, but we continue to invest heavily in our current principles and future endeavors.

Today, as the second-largest recordkeeper¹ in the U.S. and a comprehensive wealth management leader, we proudly serve more than 19 million individuals and over 88,000 different organizations.²

With a constant commitment to growth, innovation and technology, we are fully dedicated to transforming the lives of all Americans. Our personalized tools and solutions are aimed at helping everyone improve their financial confidence so they can pursue their passions and reach their unique goals.

That’s our promise.

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Disclosures: https://www.empower.com/social-media/

¹Pension & Investments DC Recordkeeper Survey (2024). Ranking measured by total number of participants as of December 2023.

²As of March 31, 2025.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Greenwood Village, CO
Year Founded
2014
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