The Actuarial role directs/oversees actuarial work related to capital adequacy/financial strength, experience studies, actuarial modeling, asset liability management (ALM), valuation, retirement plan support, product development, pricing, non-guaranteed element determination or other business functions. This job oversees a department or small team and owns short to mid-term (1-3 years) strategy execution and operational direction for the actuarial function in alignment with organization objectives. This job requires ensuring the team's compliance with actuary practices and monitoring of changing regulations to ensure consistent compliance and delivery of optimal solutions to both internal and external clients.
Key Responsibilities and Duties
- Directs the design and development of key actuarial reports for both internal and external clients and communicates the interpretation and implications of the report findings.
- Provides input into product development, pricing and reinsurance decisions for complex or high-impact products from an actuarial perspective.
- Monitors economic and regulatory environments, as well as industry and organizational results and applies these to the development of strategies for meeting current and future actuarial needs.
- Directs the use of actuary tools and models for ensuring actuary outcomes comply with established standards.
- Enhances effectiveness and efficiency of the organization’s actuarial functions by implementing quality control procedures.
- Manages performance of direct reports through regular, timely feedback as well as the formal performance review process to ensure delivery of actuarial objectives and engagement, motivation and development of the team.
- University (Degree) Preferred
- 8+ Years Required; 10+ Years Preferred
- Physical Requirements: Sedentary Work
Career Level
10PL
Related SkillsAccountability, Actuarial Science, Business Acumen, Collaboration, Communication, Continuous Improvement Mindset, Executive Presence, Financial Acumen, Financial Modeling, Problem Solving, Relationship Management, TIAA Products/Services Acumen
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Company Overview
TIAA Global Capabilities was established in 2016 with a mission to tap into a vast pool of talent, reduce risk by insourcing key platforms and processes, as well as contribute to innovation with a focus on enhancing our technology stack. TIAA Global Capabilities is focused on building a scalable and sustainable organization , with a focus on technology , operations and expanding into the shared services business space.
Working closely with our U.S. colleagues and other partners, our goal is to reduce risk, improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.
We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.
Our Culture of Impact
At TIAA, we're on a mission to build on our 100+ year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways—because when our people succeed, our impact on clients' lives grows stronger.
Accessibility Support
TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.
If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:
Phone: (800) 842-2755
Email: [email protected]
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