Job Description:
Actuarial Assistant
Fidelity Investments Life Insurance Company (FILI) is looking for an Actuarial Assistant 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 Actuarial Assistant, 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.
Perform experience analysis and annual assumption review regarding key valuation assumptions including mortality, lapse, withdrawal, expense and other assumptions
Support monthly and quarterly valuation processes
Assist in developing analysis and documentation needed to complete annual regulatory filings
Promote continuous improvement of the valuation environment, including valuation controls
Respond to company auditor and state examiner questions based on periodic audits
Key member of a small team who demonstrates initiative as a self-starter
The Expertise and Skills You Bring
At least two years of actuarial experience
At least three SOA exams completed
Experience with R, Python, Visual Basic, SQL, or other programing languages
Strong critical thinking and problem-solving skills
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:
Category:
ActuarialMost roles at Fidelity are Hybrid, requiring associates to work onsite every other week (all business days, M-F) in a Fidelity office. This does not apply to Remote or fully Onsite roles.
Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.