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Manager, Strategic Models (Actuary)
Location: Boston, Massachusetts
Workspace Type: Hybrid
Base Salary: $140,000 - $180,000
Total Compensation: $165,000 - $210,000
We are seeking an experienced actuarial professional to join a leading asset manager in a broad, high-visibility actuarial modeling role. This position is ideal for someone with a strong foundation in life and annuity valuation who has built meaningful experience across financial reporting, reserve analysis, and cross-functional actuarial support.
The role is centered on Variable Annuities valuation and financial reporting, with additional exposure to modeling, assumption review, systems enhancement, controls, and broader business partnership. It is best suited for an FSA or near-equivalent senior actuarial professional who enjoys owning complex reporting processes, analyzing results, and partnering across actuarial, finance, IT, data, and audit stakeholders.
Benefits & Highlights
- Base salary in the $140k-$180k range
- 20% annual bonus target
- Additional long-term incentives
- Hybrid schedule in Boston
- Strong healthcare, dental, and vision coverage
- Retirement support including employer match
- Wellness and lifestyle support
- Company-paid life insurance and additional financial support programs
- High visibility across a sophisticated insurance and investment platform
- Strong cross-functional exposure and meaningful interaction with senior leadership.
What You’ll Do
- Lead valuation and financial reporting for the Variable Annuities block of business
- Calculate US GAAP, Statutory, Tax reserves, and other actuarial balances
- Analyze reserve movements and sensitivities across both Statutory and GAAP reporting
- Explain drivers of quarterly earnings and financial results
- Conduct annual impact testing related to assumption updates
- Partner with the Modeling team on model updates and enhancements
- Work with IT and data teams on valuation system updates and reporting improvements
- Maintain and improve controls, including SOX-related processes
- Support audit and regulatory requests
- Serve as a key day-to-day partner across multiple stakeholders, helping keep critical reporting workflows organized and moving forward.
What You Bring
- FSA designation with ideally 8+ years of experience in the life and annuity insurance industry
- Strong knowledge of variable annuity products
- Experience with US Statutory and GAAP valuation preferred
- Strong technical, analytical, and communication skills
- Ability to work across multiple stakeholders, manage competing priorities, and operate effectively in a fast-paced environment
- A self-directed, accountable, and collaborative approach to solving complex actuarial and reporting issues.
Why This Role
This is an opportunity to join a highly regarded platform in a senior actuarial reporting role that offers broad exposure, meaningful ownership, and visibility to leadership. You will stay close to core valuation and reporting work while also expanding into broader business partnership, process improvement, and cross-functional collaboration in a sophisticated insurance environment.
Job ID: 1756
Industries: Investment & Asset Management, Insurance
Job Functions: Corporate Finance – Analytics
Benefits: Base + Bonus + Profit Sharing
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