AAA Life Insuranceposted 28 days ago
Full-time • Mid Level
Boston, MA
Insurance Carriers and Related Activities

About the position

AAA Life is seeking to hire a Senior Actuarial Analyst to support our Modeling team. This person will support AAA's actuarial modernization initiatives and be responsible for maintaining actuarial models in MG-ALFA for VM-20 valuation and financial reporting processes. Additionally, this position offers opportunities to interact with internal and external stakeholders across multiple departments.

Responsibilities

  • Develop and maintain actuarial models in MG-ALFA to support VM-20 valuation and financial reporting processes.
  • Perform quarterly production VM-20 results and annual VM-31 reports.
  • Test and analyze model results, including quantifying model change impacts and documenting the development process.
  • Support AAA's model conversion initiatives.
  • Actively improve the modeling process.
  • Support internal and external audit inquiries.

Requirements

  • Bachelor's degree in Actuarial Science, Computer Science, Mathematics, or related field.
  • Completion of 3 to 4 Society of Actuaries exams.
  • Minimum 18 months experience in the actuarial field.
  • Strong analytical and problem-solving skills.
  • Experience with an Actuarial modeling system. MG-ALFA preferred.
  • Proficiency in VM-20 knowledge is a plus.
  • Previous experience programming in Access and proficient in Excel.

Nice-to-haves

  • Ability to identify improvements and enhance routine functions such as financial reporting.
  • Program and test in Access and SQL Server database environments.
  • Analyze results for reasonableness.
  • Learn company operations, systems and actuarial methodologies quickly.

Benefits

  • A collaborative, energetic work environment where you can put your passion for people to work
  • Medical, Dental, Vision, Life and Disability coverage available day one
  • Pension Plan
  • Performance-based incentive plan
  • 401k available with a Company match
  • Holidays and Paid Time Off
  • AAA Basic Membership
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