Financial Associate (Public) jobs in Massachusetts

POSITION OVERVIEW

This position will support the valuation and financial reporting of the Fixed Annuities blocks. The candidate will work with the valuation team in both the reporting and analysis/review of the business. Senior Analyst or Associate level position based on prior experience. Position can be located in our Boston, MA office or Hartford office.

Key responsibilities of the role include:

• Calculating US Statutory, Tax, US GAAP reserves, and other related actuarial balances.
• Providing analysis, including reserve movement and sensitivities, for both Statutory and GAAP balances.
• Analyzing and explaining the sources of earnings of the quarterly financial results.
• Maintaining and improving various controls, including Sarbanes-Oxley (SOX).
• Conducting annual impact testing for potential assumption changes.
• Working with the Modeling team related to any necessary modeling updates.
• Working with IT and data team on valuation system transformation.
• Supporting audit and regulatory requests.

QUALIFICATIONS

•  FSA designation, close to attaining FSA, or career ASA.
• 5 years of actuarial experience preferably with annuities.
• Knowledge of annuity US Statutory and GAAP valuation is helpful.
• Strong communication, technical, and analytical skills.
• Takes personal accountability for the execution of goals and objectives.
• Able to participate in the generation of new and unique ideas.
• Has positive attitude necessary to be part of a strong performing team.

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