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miscellaneous-retail

retail

gave gave

4 months ago

Boston, Massachusetts - Office

Full-time

Mid Level

Actuarial Analyst

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This position, located in the Boston, MA office, will support the execution and testing of models, especially Cash Flow Testing (CFT) models for the Annuity, Life Insurance business.
The candidate will work with the Model Production team to execute and test the Cash Flow Testing models, review and analyze results.
The candidate will work closely with Model Development in testing models, and with Appointed Actuary and Cash Flow Testing team in producing quarterly Cash Flow Testing results.
Responsibilities include performing quarterly Cash Flow Testing, integrating production runs, validating model inputs and outputs, maintaining SOX controls, testing model updates, supporting audit and regulatory requests, and assisting with GAAP and STAT reporting.
Qualifications include a bachelor’s degree in actuarial science, mathematics, statistics, finance or related fields, passing 2+ SOA exams, 0-2 years of actuarial experience in life insurance and retirement industry, knowledge of life and annuity products, US valuation standards, and programming skills in VBA and Python.
Strong communication and analytical skills are required.
The role offers a salary range of $53,500 - $102,000 USD annually, with potential discretionary bonuses.

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Bachelor’s degree in actuarial science, Mathematics, Statistics, Finance or related fields
2+ SOA Exams passed
0-2 years of actuarial experience in the life insurance and retirement industry
Knowledge of life and annuity products, US Statutory and GAAP valuation is preferred
Understanding of assets and ALM modeling is preferred
Experience with actuarial software, especially MG-ALFA, is helpful
Familiarity with programming languages, mainly VBA and Python, is useful
Strong communication, technical, and analytical skills
Takes personal accountability for the execution of goals and objectives
Able to participate in the generation of new and unique ideas
Has positive attitude necessary to be part of a strong performing team player

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