Empower
Empower
Empower is a financial services and fintech company focused on helping people and organizations build greater financial confidence. Its offerings span retirement planning, investment management, personalized financial guidance, and digital tools such as the Empower Personal Dashboard™, which brings financial information into one view. Serving more than 19 million Americans, Empower works with individual investors, workplace plan participants, plan sponsors, and financial professionals. The company also emphasizes diversity, equity, and inclusion alongside community-focused initiatives.

Senior Actuarial Modeling Analyst

Develop and analyze MG-ALFA and GGY AXIS valuation models for Empower. Support financial and regulatory reporting that helps customers pursue financial freedom.

Description

  • Build and operate complex actuarial models, keeping them current.
  • Apply department policies, actuarial standards, and relevant regulations.
  • Carry out and document support for key management controls.
  • Produce MG-ALFA or GGY AXIS reports and financial analyses for financial and regulatory reporting.
  • Guide and mentor junior colleagues.
  • Use MG-ALFA or GGY AXIS valuation models to generate financial results and analysis.
  • Spot opportunities for improvement and help put them into practice.

Requirements

  • Bachelor’s degree in actuarial science, mathematics, statistics, or an equivalent field.
  • At least eight actuarial exams passed through IFoA, SOA, IAI, or an equivalent professional society.
  • Strong understanding of actuarial systems and how to apply that knowledge to processes.
  • Knowledge of internal controls and model documentation.
  • Ability to develop solutions to actuarial modeling or data process challenges.
  • Advanced MS Office skills, including Excel, Access, and VBA.
  • Strong communication skills.
  • Ability to produce complex results and conduct initial analyses.
  • Ability to identify improvements and contribute to their implementation.
  • Strong work ethic and personal accountability.
  • Ability to build cooperative working relationships.
  • Flexibility to adapt to changing priorities and circumstances.
  • Sound judgment when making decisions within established guidelines, controls, and policies.
  • Ability to manage the time costs of work.
  • Four to six years of actuarial experience in life insurance core functions or consulting, or in U.S. retirement work.
  • Experience in risk, financial, or actuarial modeling with Excel, VBA, and R.
  • Availability to work from 1:30 p.m. to 10:30 p.m.

Benefits

  • Flexible work arrangements.
  • Varied career paths.
  • Opportunities for internal moves.
  • Support for purpose, well-being, and work-life balance.
  • Welcoming and inclusive workplace.
  • Opportunities to volunteer.
  • Equal opportunity employment.

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