Actuary

  • 41020
  • Life - Actuarial
  • |
  • Massachusetts, United States
  • |
  • Jan 19, 2025
RESPONSIBILITIES
  • · Develop, enhance, govern, and maintain asset and liability models for life insurance and annuity lines.
  • · Use modeling tools
  • o Valuation
  • o Corporate planning
  • o Investment analysis
  • o Cash flow testing
  • o Principle-based reserving
  • o Reinsurance
  • · Identify and support new use cases for actuarial models.
  • · Price, model, file, implement, and analyze the profitability of life and annuity products.
  • · Ensure compliance with state and federal regulations.
  • · Meet profitability objectives for new business.
  • · Manage Statutory, GAAP, and Tax valuation processes.
  • · Create or assist with actuarial financial reporting to support the finance department.
  • · Stay informed on valuation changes, including Principle-Based Reserves and Long Duration Targeted Improvements.
  • · Analyze inforce products and experience study results to recommend strategies that:
  • o Enhance product profitability
  • o Support new business sales
  • · Utilize traditional A/E studies, statistical analysis, and machine learning for insights.
  • · Drive innovation in risk selection and risk pricing.
QUALIFICATIONS
  • ASA or FSA
  • 5+ years of experience
  • ->SALARY: 130-150k