Actuarial Intern - Pricing Team

Overview

LGRA’s PRT pricing team is composed of actuaries at all levels: recent hires to industry veterans. You’ll learn and use sophisticated actuarial models, and collaborate well in a fast-paced work environment, deliver insightful analysis.  

The team prices pension risk transfer transactions throughout the year. You’ll start by gathering and analyzing transaction data to familiarize you with the pension risk transfer product and how we price transactions. Next, you’ll calculate annuitization benefits for deferred annuitants’ chosen form of annuity payment. You’ll work with individuals across multiple teams, learn defined benefit plan provisions, and learn about pricing risks.  

You’ll have exposure to transaction pricing, where you’ll partner with three to five actuaries and use proprietary actuarial software and mortality models to forecast annuity liabilities, then estimate transition risk and profit...