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AVP, Actuarial Financial Reporting — Variable Annuities | Boston (Hybrid)
Location: Boston, Massachusetts
Workspace Type: Hybrid
Base Salary: $140,000 - $180,000
A leading insurance and investment platform is seeking an AVP, Actuarial Financial Reporting to join its actuarial valuation organization and lead financial reporting for a portfolio of Variable Annuity blocks.
This is a highly visible role for an actuarial leader who understands Variable Annuities, valuation, reserves, GAAP/STAT reporting, and earnings analysis. The position is not a model-building role; instead, this team works closely with modeling, finance, accounting, STAT, GAAP, and data teams to analyze model outputs, book reserves, explain results, and support executive-level financial reporting.
What you’ll do
- Lead actuarial financial reporting and valuation analysis for Variable Annuity blocks
- Review and analyze model outputs, reserve movements, earnings results, and sensitivities
- Support GAAP, Statutory, Tax, and other actuarial balance reporting
- Partner cross-functionally with modeling, finance, accounting, data, and controls teams
- Manage, develop, and support a small actuarial team
- Help maintain and improve reporting processes, controls, and analytical frameworks
- Support audits, regulatory requests, and recurring close/reporting cycles
Ideal background
- FSA designation
- Actuarial experience within life insurance, annuities, or related insurance products
- Meaningful and recent Variable Annuity experience required
- Strong understanding of valuation, reserves, GAAP, STAT, and actuarial financial reporting
- Experience with VA reporting, valuation, modeling, or pricing will be considered
- Prior people management or team leadership experience
- Strong Excel skills; database experience is helpful
- Python, MG-Triton / Triton, or other actuarial systems experience is a plus, but not required
- Strong communication skills and ability to partner across actuarial, finance, accounting, and modeling teams
Compensation
- Base salary with some flexibility for the right candidate
- Equity component expected at this level
- Total package up to approximately $240K
Why this opportunity
This is a rare opportunity to step into a visible actuarial leadership role with ownership of complex Variable Anuity blocks, exposure across multiple senior stakeholder groups, and long-term mobility across a broad insurance platform.
The right person will bring enough technical depth to understand the VA reserve and reporting mechanics, while also being able to lead a team, communicate clearly, and operate as a central partner across actuarial, finance, accounting, and modeling.
Job ID: 1797
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