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Actuary
Fidelity Investments Life Insurance (FILI) is looking for an Associate Actuary to help drive our future state Enterprise Risk Management Program. Be part of a diverse team that identifies, analyzes, evaluates and manages balance sheet risks of Fidelity Investments’ life and annuity insurance company.
The Role
As Associate Actuary, you report to the company’s Chief Risk Officer and will support insurance risk management for all products. You use FIS Prophet actuarial software and Microsoft Excel to model insurance and investment risks which provide the basis for evaluating the severity and likelihood of various financial outcomes and underlie long range capital planning. You also support annual prospective solvency analysis and capital sufficiency determination. You will:
The Expertise and Skills You Bring
The Team
Fidelity Investments Life Insurance Company (FILI) provides financial products that help Fidelity’s investors achieve lifetime financial goals. Having annuity and life insurance solutions as options is a strategic advantage for Fidelity’s retail division: Personal Investing. Our products help ensure our clients do not outlive their assets in retirement, safeguard one’s portfolio from market volatility and protect against premature death and unforeseen long-term care costs.
Company Overview
Fidelity Investments is a privately held company with a mission to strengthen the financial well-being of our clients. We help people invest and plan for their future. We assist companies and non-profit organizations in delivering benefits to their employees. And we provide institutions and independent advisors with investment and technology solutions to help invest their own clients’ money.
Join Us
At Fidelity, you’ll find endless opportunities to build a meaningful career that positively impacts peoples’ lives, including yours. You can take advantage of flexible benefits that support you through every stage of your career, empowering you to thrive at work and at home. Honored with a Glassdoor Employees’ Choice Award, we have been recognized by our employees as a top 10 Best Place to Work in 2024. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning so you can build the career you’ve always imagined.
At Fidelity, our goal is for most people to work flexibly in a way that balances both personal and business needs with time onsite and offsite through what we’re calling “Dynamic Working”. Most associates will have a hybrid schedule with a requirement to work onsite at a Fidelity work location for at least one week, 5 consecutive days, every four weeks. These requirements are subject to change.
At Fidelity, we value honesty, integrity, and the safety of our associates and customers within a heavily regulated industry. Certain roles may require candidates to go through a preliminary credit check during the screening process. Candidates who are presented with a Fidelity offer will need to go through a background investigation, detailed in this document, and may be asked to provide additional documentation as requested. This investigation includes but is not limited to a criminal, civil litigations and regulatory review, employment, education, and credit review (role dependent). These investigations will account for 7 years or more of history, depending on the role. Where permitted by federal or state law, Fidelity will also conduct a pre-employment drug screen, which will review for the following substances: Amphetamines, THC (marijuana), cocaine, opiates, phencyclidine.
We invite you to Find Your Fidelity at fidelitycareers.com.
Fidelity Investments is an equal opportunity employer. We believe that the most effective way to attract, develop and retain a diverse workforce is to build an enduring culture of inclusion and belonging.
Fidelity will reasonably accommodate applicants with disabilities who need adjustments to participate in the application or interview process. To initiate a request for an accommodation, contact the HR Accommodation Team by sending an email to accommodations@fmr.com, or by calling 800-835-5099, prompt 2, option 3.
Full Time
$78k-97k (estimate)
03/19/2024
05/18/2024
The job skills required for Associate Actuary include Actuarial, Futures, Life Insurance, Economics, SQL, Reinsurance, etc. Having related job skills and expertise will give you an advantage when applying to be an Associate Actuary. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Associate Actuary. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Associate Actuary positions, which can be used as a reference in future career path planning. As an Associate Actuary, it can be promoted into senior positions as an Actuary II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Associate Actuary. You can explore the career advancement for an Associate Actuary below and select your interested title to get hiring information.