About the role
Job Description:
Modeling Actuary
The Role
Based in Bermuda or Boston, the Modeling Actuary is a key member of the actuarial team reporting to the Chief Actuary. In this role, you will be responsible for developing and maintaining actuarial models supporting the liability valuation and reserving process under the Bermuda EBS framework and US GAAP, and the evaluation of new reinsurance transactions.
Assist with preparation of reports covering US GAAP, US tax, Bermuda Statutory Financial Statements, Bermuda Economic Balance Sheet, and Bermuda Solvency Capital Requirement.
Provide additional actuarial support for the Company’s Investment, Risk, and ALM functions
Support the Company’s multi-year financial planning process
Ensure an accurate transition and smooth integration of pricing models into the Company’s corporate model framework
Other actuarial support as appropriate
The Expertise and Skills You Bring
Fellow of the Society of Actuaries
10+ years of life and annuity insurance and/or reinsurance experience
Familiar with US life and annuity product designs and features
Experienced MG-ALFA user with a comprehensive actuarial modeling skillset
Strong US GAAP and Bermuda solvency framework experience
Strong interpersonal skills with a collaborative style
Ability to effectively prioritize and manage workload with a sense of urgency
Ability to be a team player, assisting where needed across various corporate functions to achieve operational goals
Preferred Skills:
Asset-liability risk management experience
Investment knowledge relevant to life reinsurance
Life and annuity product pricing experience
The Team
This is an outstanding opportunity to join a newly formed team at Soteria Reinsurance within Fidelity Investments! Come lead one of the world-class financial services companies in its entry into the annuity reinsurance market. Our vision is to build a trusted partner to cedants with strong capital and investment capabilities that will be a trusted, long-term partner to our clients.
#Soteria
Certifications:
Category:
ActuarialAplyr's read
Fidelity Investments is a powerhouse in financial services, attracting professionals in technology, risk management, and client services to drive innovation and customer satisfaction.
What's promising
- •Fidelity offers diverse roles across technology, finance, and client services, indicating a broad scope for career growth.
- •The company invests heavily in technology, hiring roles in AI, cloud, and cybersecurity.
- •Fidelity's strong market presence provides stability and numerous opportunities for advancement.
What to watch
- •The financial sector's regulatory environment may limit flexibility and innovation.
- •High competition for roles may make entry challenging for less experienced candidates.
- •Limited public information about work-life balance and company culture specifics.
Why Fidelity Investments
- •Fidelity's focus on technological advancement is evident in its numerous tech-oriented roles.
- •The company has a strong emphasis on risk management, hiring specialized roles in this area.
- •Fidelity's diverse service offerings provide employees with exposure to various financial sectors.
Aplyr’s read is generated by AI from public sources. Was it useful?
About Fidelity Investments
Fidelity Investments is a multinational financial services corporation that provides investment management, retirement planning, portfolio guidance, brokerage services, and wealth management.
