Jay Lee graduated from Binghamton University in May 2018 with a bachelor’s degree in Actuarial Science. He then joined the Penflex team in August 2018 as a Service Award Program Actuarial Analyst.

On the Penflex team Jay assists performing actuarial valuations of Defined Benefit Service Award Programs including calculations of annual contribution requirements, cost estimates of amending program provisions, individual benefit calculations and preparing annual reports.

 “Mathematics has always been my passion throughout my academic career. In my everyday work, I enjoy delving into the program provisions and learning what effect each provision has on our actuarial valuations. In that sense, being able to help community volunteers by doing what I love is a great pleasure. I look very much forward to continuing to build on my knowledge of the actuarial work and being able to continue contributing to our clients while working closely with the highly-experienced actuaries and LOSAP experts here in Penflex.”

Jay is also working passionately towards earning an Associate of the Society of Actuaries (ASA) credentials with the support of his senior actuaries.