Actuary – IV Position Available In Suffolk, Massachusetts
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Job Description
Actuary – IV#25-67708
$131.33-$133.33 per hour
Brighton, MA
All On-site Job Description
Our Client, a Financial Group company, is looking for a Actuary – IV for their Brighton, MA/Des Moines, IA/Hartford, CT (Hybrid) location.
Responsibilities:
Build actuarial models for newly acquired institutional blocks, on our new state-of-the-art Milliman Integrate Actuarial platform
Models will be used to support GAAP, US and Bermuda Statutory reporting, cash-flow testing, and other analysis
Develop and maintain testing tools for new models
Support assumption updates and impact quantification
Support model production team in producing quarterly/monthly valuation results
Follow and employ model development best practices, including:
Model design
Change management testing and governance
Documentation
Model validation
Adherence to SOX and Risk Management policies
Support internal and external auditing activities as well as regulatory exams and inquiries, as needed
Requirements:
FSA or established ASA with 4+ years of experience in the life and annuity insurance industry
Solid experience with MG ALFA or other Actuarial Projection Software required
Strong communication, technical and analytical skills
Self-starter and quick learner, being able to solve complex issues independently and in collaborative team settings
US GAAP valuation experience preferred
Programming language such as Python or SQL a plus
Ability to excel in a dynamic and fast-paced environment
Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or other related fields
Model development
Annuity experience is required
Building a new model for Annuity MG ALFA experience is required
Python is required
ASA is highly preferred
SQL
US GAAP & Accounting skills
Work independently Why Should You Apply?
Health Benefits
Referral Program
Excellent growth and advancement opportunities As an equal opportunity employer, ICONMA provides an employment environment that supports and encourages the abilities of all persons without regard to race, color, religion, gender, sexual orientation, gender identity or express, ethnicity, national origin, age, disability status, political affiliation, genetics, marital status, protected veteran status, or any other characteristic protected by federal, state, or local laws.
