AVP, Corporate Actuarial

Key Responsibilities

• Support quarterly statutory Cash Flow Testing and C3P1 capital production.
• Maintain and enhance end-to-end CFT production process, including data validation, model execution, results review, attribution analysis, and management reporting.
• Develop and build of new processes as applicable.
• Maintain and enhance governance, documentation, and controls related to the CFT process.
• Develop and build new controls as applicable.
• Collaborate with Actuarial Modeling and Production teams to ensure models are maintained, controlled, and enhanced appropriately for CFT and C3P1 use.
• Collaborate with Investments and Risk teams to ensure asset assumptions and ALM strategies are appropriately reflected in projections.
• Perform review and challenge of model results to ensure accuracy, reasonableness, and regulatory compliance.
• Prepare year-end statutory filings related to Cash Flow Testing in accordance with the Actuarial Guidelines, the Valuation Manual, and the Actuarial Standards of Practice.
• Support internal and external audit activities and regulatory inquiries.
• Contribute to process improvements, automation efforts, and reporting enhancements, including development of data visualization tools.
• Present results and insights to actuarial leadership and cross-functional partners.

Qualifications

• Education and experience equivalent to a four-year college degree in actuarial science, mathematics, statistics, finance, or other related field is required.
• FSA or near-FSA with 8+ years of experience in the life/annuity insurance industry is preferred.
• Direct experience with MG ALFA or other actuarial valuation / projection software is preferred.
• Experience with assets modeling and ALM concepts preferred.
• Experience with database, PowerBI or other data visualization tool is a plus.
• Demonstrated high competency to solve complex calculations and dive into technical details.
• Understanding of the U.S. Statutory framework and cash flow testing requirements.
• Strong analytical and technical skills; experience with Annuities a strong plus.
• Project management or leadership experience a strong plus.
• Strong communication skills and ability to collaborate effectively across teams.
• Ownership mindset, think out-of-the-box and self-motivated.

Pay

This is the expected annual base salary range for this Boston-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 $140,000 - $180,000