POSITION OVERVIEW
This position, located in our Boston, MA or Des Moines, IA offices, will support the valuation and financial reporting of the variable annuity blocks. The candidate will work with the valuation team in both the reporting and analysis/review of the business. The hiring manager will consider either an Analyst or Sr. Analyst level based on prior experience.
RESPONSIBILITIES
- Calculate and explain US Statutory, Tax, US GAAP reserves, and other related actuarial balances
- Support the analysis of reserve movement and sensitivities, for both Statutory and GAAP balances.
- Work on projects including process improvements and changes to reserving methodologies.
- Deliver annual and quarterly US GAAP and Statutory reporting.
- Work and coordinate with the Modeling team on modeling updates and changes.
- Collaborate with IT and the data team on valuation system updates.
- Maintaining and improving various controls, including Sarbanes-Oxley (SOX)
- Supporting audit and regulatory requests
QUALIFICATIONS
- Bachelor's degree in actuarial science, Mathematics, Statistics, Finance or other related fields
- 2+ SOA Exams passed
- 0 to 3 years of actuarial experience in the life insurance industry
- Strong communication, technical, and analytical skills
- Takes personal accountability for the execution of goals and objectives.
- Experience with Microsoft Office, Excel, and Database tools.
- Participate in the generation of new and unique ideas.
- Has positive attitude and excels in collaborating across teams.
This is the expected annual base salary range for this Boston/Des Moines -based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.
Base Salary Range $70,000 - $90,000
"To be considered for this role, applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or assume sponsorship of an employment Visa at this time."