TIAA Logo

TIAA

Senior Associate

Posted 18 Days Ago
Be an Early Applicant
Hybrid
Mumbai, Maharashtra
Senior level
Hybrid
Mumbai, Maharashtra
Senior level
The Senior Associate will conduct actuarial analyses related to asset liability management, including economic scenario generation and financial projections under minimal supervision, ensuring compliance with actuarial practices and regulations.
The summary above was generated by AI

Senior Specialist - Actuaries Analytics - IN
Works closely with the GA CIO, Asset Management, and Risk Management and is primarily responsible for strategic asset allocation analyses, asset-liability stress-testing, economic capital framework, and interest rate risk management. ALM also works with GAO and Product Actuarial on investment strategies for new products and is responsible for maintenance and calibration of the economic scenario generator.

Key Responsibilities and Duties

  • Responsible for strategic asset allocation analyses, asset-liability stress-testing, economic capital framework, and interest rate risk management under limited guidance
  • Works with GAO and Product Actuarial on investment strategies for new products and is responsible for maintenance and calibration of the economic scenario generator
  • Under general supervision, Responsible for strategic asset allocation analyses, asset-liability stress-testing, economic capital framework, and interest rate risk management under limited guidance

Educational Requirements

  • University (Degree) Preferred

Work Experience

  • 5+ Years Required; 7+ Years Preferred

Physical Requirements

  • Physical Requirements: Sedentary Work


Career Level
8IC

Summary

Actuaries at TIAA perform 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 and other business functions. Under minimal supervision, this job requires compliance with actuary practices and monitoring of changing regulations to ensure consistent compliance and delivery of optimal solutions to both internal and external clients

Job Description

Performs actuarial work related to asset liability management (ALM). Under minimal supervision, this job requires 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:

  • Develops actuarial analyses with respect to the company's actuarial liabilities and capital position to ensure adequate financial strength of annuity and life insurance product lines, as well as overall financial strength of the company.
  • Develops asset and liability modeling and analyses of annuity and life insurance lines of business including financial projections and stress testing.
  • Works on various ALM projects such as economic scenario generation, duration analysis, and interest rate stress testing.

Candidates should have demonstrated experience with ALM reporting and anal.

Related Skills

Accountability, Actuarial Science, Business Acumen, Collaboration, Communication, Continuous Improvement Mindset, Executive Presence, Financial Acumen, Financial Modeling, Problem Solving, Relationship Management, TIAA Products/Services Acumen

_____________________________________________________________________________________________________

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/Affirmative Action Employer. We consider all qualified applicants for employment regardless of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other protected status.

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]

Privacy Notices

For Applicants of TIAA, Nuveen and Affiliates residing in US (other than California), click here.

For Applicants of TIAA, Nuveen and Affiliates residing in California, please click here.

For Applicants of TIAA Global Capabilities, click here.

For Applicants of Nuveen residing in Europe and APAC, please click here.

Top Skills

Actuarial Modeling
Asset Liability Management
Economic Scenario Generation
Financial Projections
Stress Testing

Similar Jobs

3 Days Ago
Hybrid
Mumbai, Maharashtra, IND
Senior level
Senior level
Financial Services
This role involves analyzing fraud trends, developing strategies to combat fraud, and collaborating with various teams to enhance fraud prevention capabilities.
Top Skills: ExcelPowerPointSASSQL
3 Days Ago
Hybrid
Mumbai, Maharashtra, IND
Senior level
Senior level
Financial Services
The role involves leading pricing decisions, developing pricing tools, and collaborating with sales teams to improve pricing models, managing data analysis and financial reporting for Treasury Services.
Top Skills: AlteryxExcelPowerPointTableau
4 Days Ago
Hybrid
Pune, Maharashtra, IND
Mid level
Mid level
Artificial Intelligence • Healthtech • Professional Services • Analytics • Consulting
The Senior Security Awareness & Training Associate develops and implements security training programs, collaborates with teams, and monitors program effectiveness to enhance employees' security awareness.
Top Skills: Adobe Creative SuiteLearning Management SystemsMicrosoft Office SuiteNist800-50Trello

What you need to know about the Mumbai Tech Scene

From haggling for the best price at Chor Bazaar to the bustle of Crawford Market, the energy of Mumbai's traditional markets is a key part of the city's charm. And while these markets will always have their place, the city also boasts a thriving e-commerce scene, ranking among the largest in the region. Driven by online sales in everything from snacks to licensed sports merchandise to children's apparel, the local industry is worth billions, with companies actively recruiting to meet the demands of continued growth.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account