Company info:

 

We are a Special Markets operation of New York Life Insurance Company

located in Tampa, Florida.  We specialize in the direct marketing of life

insurance and annuity products.

 

New York Life is an equal opportunity employer.

 

Position location:

 

Tampa, FL

 

2 - 2008 Summer Internship openings - Description below

 

Internship Description:

 

New York Life is seeking an actuarial intern to work in the Tampa office

for the summer of 2008.

 

The internship will be project-oriented, lasting approximately 12 weeks.

The candidate should have strong analytical and communication skills, be

detail-oriented and conscientious.  Some exposure to spreadsheets such as

Excel is preferred.  The intern will gain exposure to various aspects of

actuarial work as well as the life insurance business overall.

 

Students should have at least one actuarial exam and not need sponsorship

for full-time employment following graduation, as New York Life does not

sponsor visas at this time.  If you are interested, please forward your

resume to the email address below.

 

Internship Salary Range:

 

Depends on the number of exams passed and experience, but students can

expect to make over $875 a week.

 

Transportation and Housing:

 

Not included.

 

 

1 Full-Time position Opening - Description below

 

Summary/Purpose of Position:

 

Assist the Actuary in the performance of his/her duties, with primary

emphasis on assuring accurate calculations for statutory, tax and GAAP

reserves for life and term products and immediate annuities.

 

Duties and Responsibilities:

 

1.    Development and/or verification of statutory, tax and GAAP reserve

factors for life and term products.

2.    Assist in the development and review of related financial items,

including DAC amortization, claim liabilities and reinsurance billing and

reporting.

3.    Assist in the verification of reserve calculations for immediate

annuities.

4.    Timely completion of ad hoc special projects as required.

 

Qualifications, Special Skills or Requirements:

 

1.    2 SOA Exams

2.    Bachelors degree or equivalent experience. Good organizational

skills.

3.    Strong P/C skills, Lotus Notes, MS Excel, MS Word, MS Powerpoint, and

Showcase Analyzer (database tool).

4.    Strong analytic and problem solving skills.

 

 

Decision Making (Degree of Independence):

 

Works independently

Some decision making will be involved.

 

Scope Accountability:

 

Requires a high degree of personal accountability.

 

This  position  requires  continued  adherence  to  the requirements of the

Actuarial Student Program, notably with regard to progress on the actuarial

exams.

 

Communication/Contacts:

 

This position requires frequent communication in writing and in person with

the  other  members  of the Valuation area and the Actuarial Department, as

well  as  with  Systems, Finance and New York actuarial staff, primarily in

the Office of the Chief Actuary.

 

 

 

 

New York Life - Tampa

Actuarial Recruiting

5505 W. Cypress St.

Tampa, FL 33607

tampaactuarial@newyorklife.com