Associate Actuary
1 week ago
Job Description:
Associate Actuary
Fidelity Investments Life Insurance Company (FILI) is looking for an Associate Actuary to help drive our future state of reserve modeling and valuation for our life and annuity products. Be part of a team with wide-ranging strengths that builds, promotes, and supports Fidelity s outstanding future state experience
The Role
As Associate Actuary, you support reserve valuation for all products. You use FIS Prophet actuarial software to model financial projections which provide the basis for determining reserves, Risk Based Capital and assessment of reserve adequacy for this business. You also provide in-depth analysis to support annual certifications of reserves and reserve adequacy.
- Model actuarial values including principle-based reserves (PBR), and ensure compliance of reserves with applicable regulations and Actuarial Standards of Practice
- Test reserve sufficiency through statutory assets adequacy testing and GAAP loss recognition testing
- Develop analysis and documentation needed to complete annual regulatory filings, including Statements of Actuarial Opinion, Assets Adequacy analysis memos, PBR reports and related documents
- Perform experience analysis and annual assumption review regarding key valuation assumptions including mortality, lapse, withdrawal, expense and other assumptions
- Promote continuous improvement of the valuation environment, including valuation controls
- Respond to company auditor and state examiner questions based on periodic audits
The Expertise and Skills You Bring
- Fellow of the Society of Actuaries (SOA)
- 5+ years of post-FSA experience
- Solid knowledge of individual annuity and life insurance products
- Prior experience working in Prophet or another modeling software package such as AXIS, MG-ALFA, and/or MoSes
- Familiarity with Python, Visual Basic, SQL, or other programing languages
- Conforms to SOA Continuing Professional Development requirements general qualifications
- Strong interpersonal skills, including the ability to help key constituents understand valuation issues and explain sophisticated topics to non-technical people at all organizational levels
The Team
Fidelity Investments Life Insurance Company provides financial products that help Fidelity s investors achieve lifetime financial goals. Having our annuity and life insurance solutions as options is a strategic advantage for Personal Investing. Our products help ensure our clients do not outlive their assets in retirement, safeguard one s portfolio from market volatility and protect against premature death and unforeseen long-term care costs.
Certifications:
Company Overview
Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients money.
Join Us
At Fidelity, you ll find endless opportunities to build a meaningful career that positively impacts peoples lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees Choice Award, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don t need a finance background to succeed at Fidelity\u2014we offer a range of opportunities for learning so you can build the career you ve always imagined.
Fidelity s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite all business days of every other week in a Fidelity office.
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document, and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.
We invite you to Find Your Fidelity at fidelitycareers.com.
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations@fmr.com.
-
Associate Actuary
4 months ago
Boston, United States Fidelity Investments Full timeJob Description:Associate ActuaryFidelity Investments Life Insurance Company (FILI) is looking for an Associate Actuary to help drive our future state of reserve modeling and valuation for our life and annuity products. Be part of a team with wide-ranging strengths that builds, promotes, and supports Fidelity's outstanding future state experience!The RoleAs...
-
Associate Actuary
4 months ago
Boston, United States Fidelity Investments Full timeJob Description:Fidelity Investments Life Insurance (FILI) is looking for an Associate Actuary to help drive our annuity product development and pricing initiatives. Join a diverse team that builds, promotes, and supports Fidelity's outstanding future state experience.The RolePrice and design annuity productsConduct cost/benefit analysis, sensitivity...
-
Associate Actuary
7 days ago
Boston, United States Fidelity TalentSource LLC Full timeJob Description:Associate ActuaryFidelity Investments Life Insurance Company (FILI) is looking for an Associate Actuary to help drive our future state of reserve modeling and valuation for our life and annuity products. Be part of a team with wide-ranging strengths that builds, promotes, and supports Fidelity s outstanding future state experience!The RoleAs...
-
Associate Actuary
1 week ago
Boston, United States Fidelity TalentSource LLC Full timeJob Description:Fidelity Investments Life Insurance (FILI) is looking for an Associate Actuary to help drive our annuity product development and pricing initiatives. Join a diverse team that builds, promotes, and supports Fidelity s outstanding future state experience.The RolePrice and design annuity productsConduct cost/benefit analysis, sensitivity...
-
Associate Actuary
4 months ago
Boston, United States Fidelity TalentSource LLC Full timeJob Description:Fidelity Investments Life Insurance (FILI) is looking for an Associate Actuary to help drive our annuity product development and pricing initiatives. Join a diverse team that builds, promotes, and supports Fidelity s outstanding future state experience.The RolePrice and design annuity productsConduct cost/benefit analysis, sensitivity...
-
Associate Actuary
1 week ago
Boston, United States Fidelity TalentSource LLC Full timeJob Description:Fidelity Investments Life Insurance (FILI) is looking for an Associate Actuary to help drive our annuity product development and pricing initiatives. Join a diverse team that builds, promotes, and supports Fidelity s outstanding future state experience.The RolePrice and design annuity productsConduct cost/benefit analysis, sensitivity...
-
Actuarial Modeling Associate
2 weeks ago
Boston, Massachusetts, United States Global Atlantic Full timeCompany OverviewGlobal Atlantic Financial Group is a leading provider of life insurance and annuity solutions, serving the needs of individuals and institutions. As a subsidiary of KKR, a global investment firm, Global Atlantic offers a unique blend of financial expertise and innovative solutions.Job SummaryThe Actuarial Modeling Associate will join our team...
-
Actuarial Modeling Associate
3 weeks ago
Boston, Massachusetts, United States Global Atlantic Full timeCompany OverviewGlobal Atlantic Financial Group is a leading provider of life insurance and annuity solutions, serving the needs of individuals and institutions. As a subsidiary of KKR, a global investment firm, we offer a unique blend of financial expertise and innovative solutions.Our CultureWe are a collaborative and innovative organization, dedicated to...
-
Actuarial Modeling Associate
2 weeks ago
Boston, Massachusetts, United States Global Atlantic Full timeCompany OverviewGlobal Atlantic Financial Group is a leading provider of life insurance and annuity solutions, serving the needs of individuals and institutions. As a subsidiary of KKR, a global investment firm, Global Atlantic offers a unique blend of financial expertise and innovative solutions.Job SummaryThe Actuarial Modeling Associate will join our team...
-
Healthcare Financial/Actuarial Senior Associate
1 month ago
Boston, United States Willis Towers Watson Full timeJob DescriptionCandidates from the following locations will be considered: Stamford, CT, Boston, MA, Radnor, PA, Short Hills, NJ, New York, NYAs a Healthcare Financial/Actuarial Senior Associate you will be a key member of the Financial Actuarial & Analytics (FAA) Community of Expertise. You will substantially contribute to a wide variety of complex analyses...
-
Actuarial Talent
4 months ago
Boston, United States Fidelity Investments Full timeJob Description:Are you interested in relocating to Boston?Fidelity Investments is looking for various levels of Actuarial talent!As a member of this group you willEvaluate risks of new products including potential reinsurance options and recommend risk management solutions.Model risks of the company including (i) insurance risks, (ii) investment and...
-
Actuarial Talent
1 week ago
Boston, United States Fidelity TalentSource LLC Full timeJob Description:Are you interested in relocating to Boston?Fidelity Investments is looking for various levels of Actuarial talent!\u00A0As a member of this group you willEvaluate risks of new products including potential reinsurance options and recommend risk management solutions.Model risks of the company including (i) insurance risks, (ii) investment and...
-
Actuarial Talent
1 month ago
Boston, United States Fidelity TalentSource LLC Full timeJob Description:Are you interested in relocating to Boston?Fidelity Investments is looking for various levels of Actuarial talent!\u00A0As a member of this group you willEvaluate risks of new products including potential reinsurance options and recommend risk management solutions.Model risks of the company including (i) insurance risks, (ii) investment and...
-
Actuarial Talent
4 months ago
Boston, United States Fidelity TalentSource LLC Full timeJob Description:Are you interested in relocating to Boston?Fidelity Investments is looking for various levels of Actuarial talent!\u00A0As a member of this group you willEvaluate risks of new products including potential reinsurance options and recommend risk management solutions.Model risks of the company including (i) insurance risks, (ii) investment and...
-
Actuarial Talent
1 week ago
Boston, United States Fidelity TalentSource LLC Full timeJob Description:Are you interested in relocating to Boston?Fidelity Investments is looking for various levels of Actuarial talent!\u00A0As a member of this group you willEvaluate risks of new products including potential reinsurance options and recommend risk management solutions.Model risks of the company including (i) insurance risks, (ii) investment and...
-
Assistant Actuary
2 months ago
Boston, United States Homesite Group Incorporated Full timePosition Compensation Range:Pay Rate Type:SalaryCompensation may vary based on the job level and your geographic work location.You will lead, coordinate or perform most complex analysis for the full range of actuarial activities related to either insurance pricing or ratemaking for a line of business (LOB), loss reserving, modeling, or reinsurance. You will...
-
Director - Risk Management and Insurance Analysis
19 hours ago
Boston, United States Fidelity Investments Full timeJob Description:Director - Risk Management and Insurance Industry AnalysisFidelity Insurance Agency (FIA) is looking for a Director to help conduct due diligence and access life insurance and annuity counterparties. Join a diverse team that builds, promotes, and supports Fidelity's outstanding experience.The RoleConduct research on and monitor...
-
Boston, United States MassMutual Full timeRole: Associate Quantitative Derivative Portfolio ManagerDepartment: Investment ManagementTeam: Quantitative Portfolio ManagementLocation: Boston - HybridPosition: Full-Time (3+ days in office per week)The Opportunity:The Associate Quantitative Derivative Portfolio Manager will be supporting the management of derivative portfolios in one or more segments...
-
Associate Portfolio Manager, Private Equity
2 months ago
Boston, United States Lockton Full timeJob Summary: About the Team & Role: The Private Equity Practice provides consultative advice on property and casualty and employee benefits insurance to the private equity community and their portfolio companies. The Private Equity Practice supports our private equity partners with due diligence, pre-closing consolidation/cost saving strategies, and...
-
Boston, United States Fidelity Investments Full timeJob Description: Director – Risk Management and Insurance Industry Analysis Fidelity Insurance Agency (FIA) is looking for a Director to help conduct due diligence and assess life insurance and annuity counterparties. Join a diverse team that builds, promotes, and supports Fidelity’s outstanding experience. The Role Conduct research on and monitor...