AVP Corporate Actuary

Software Guidance & Assistance, Inc. (SGA, Inc.); Boston (MA); Sur place; USD 120 000 - 160 000; Plein temps

Résumé du poste

A leading insurance consulting firm in Boston is seeking an AVP-level Corporate Actuary. In this full-time position, you will manage statutory Cash Flow Testing and collaborate with various teams to ensure accurate financial projections. Ideal candidates have a Bachelor’s degree in actuarial science or a related field, 8+ years of experience in life or annuity insurance, and proficiency in statutory requirements. This role offers an opportunity to lead CFT processes and drive improvements within a diverse and collaborative environment.

Qualifications

• 8+ years of experience in life and/or annuity insurance.
• Strong experience with U.S. statutory framework and Cash Flow Testing requirements.
• Ownership mindset, self-starter, and comfortable operating in a highly collaborative environment.

Responsabilités

• Lead and support quarterly statutory Cash Flow Testing (CFT) production.
• Enhance the end-to-end CFT process, including data validation and model execution.
• Prepare year-end statutory filings related to Cash Flow Testing.

Connaissances

Cash Flow Testing

Data Validation

Model Execution

Regulatory Compliance

Project Leadership

Cross-functional Communication

Formation

Bachelor's degree in actuarial science, mathematics, statistics, finance, or related discipline

FSA or near-FSA

Outils

MG-ALFA

PowerBI

Description du poste

Software Guidance & Assistance, Inc. (SGA) is searching for an AVP‑level Corporate Actuary for a full‑time assignment with one of our premier insurance clients in the Boston, MA office.

Position Overview

A leading U.S. life and annuity insurance platform is seeking an AVP‑level Corporate Actuary (Cash Flow Testing, Life & Annuity) to join its Appointed Actuary team. This role will play a critical part in the quarterly execution, analysis, and governance of statutory Cash Flow Testing (CFT) and C3P1 capital results across multiple insurance entities. It is a highly visible role partnering closely with Investments, Risk, Finance, Modeling, and Technology. The role is best suited for a technically strong statutory actuary who enjoys owning production processes, challenging model outputs, improving governance frameworks, and partnering closely with Investments and Risk. It is not a pure modeling build role – it is a production, oversight, governance, and cross‑functional leadership role within the Appointed Actuary structure.

Key Responsibilities

• Lead and support quarterly statutory Cash Flow Testing (CFT) and C3P1 capital production.
• Own and enhance the end‑to‑end CFT process, including data validation, model execution, results review, attribution analysis, and management reporting.
• Strengthen governance, documentation, and internal controls related to CFT production.
• Partner with Actuarial Modeling and Production teams to maintain and enhance models for CFT and C3P1 use.
• Collaborate with Investments and Risk teams to ensure asset assumptions and ALM strategies are appropriately reflected in projections.
• Perform independent review and challenge of model outputs to ensure reasonableness, accuracy, and regulatory compliance.
• Prepare and support year‑end statutory filings related to Cash Flow Testing in accordance with Actuarial Guidelines, the Valuation Manual, and ASOP requirements.
• Support internal and external audits and respond to regulatory inquiries.
• Drive process improvement and automation initiatives, including reporting and visualization enhancements.
• Present key results and insights to actuarial leadership and cross‑functional stakeholders.

Qualifications

• Bachelor's degree in actuarial science, mathematics, statistics, finance, or related discipline.
• FSA or near‑FSA preferred.
• 8+ years of experience in life and/or annuity insurance.
• Strong experience with U.S. statutory framework and Cash Flow Testing requirements.
• Experience with MG‑ALFA or other actuarial projection/valuation software preferred.
• Exposure to asset modeling and ALM concepts preferred.
• Experience with databases and/or data visualization tools (PowerBI or similar) a plus.
• Strong technical depth with ability to analyze complex actuarial calculations.
• Experience with annuity products strongly preferred.
• Demonstrated project leadership or people leadership experience a plus.
• Strong communication skills with ability to work cross‑functionally.
• Ownership mindset, self‑starter, and comfortable operating in a highly collaborative environment.

SGA is a technology and resource solutions provider driven to stand out. We are a women‑owned business. Our mission: to solve big IT problems with a more personal, boutique approach. Each year, we match consultants like you to more than 1,000 engagements. When we say “let’s work better together”, we mean it. You'll join a diverse team built on these core values: customer service, employee development, and quality and integrity in everything we do. Be yourself, love what you do and find your passion at work. Please find us at https://sgainc.com/.

SGA is an Equal Opportunity Employer and does not discriminate on the basis of Race, Color, Sex, Sexual Orientation, Gender Identity, Religion, National Origin, Disability, Veteran Status