Job Description:

Actuary

Fidelity Investments Life Insurance (FILI) is looking for an Actuary to help drive our future state digital Term Life Experience. Be part of a diverse team that builds, promotes, and supports Fidelity’s outstanding future state experience.

The Role

• Lead the design, pricing and implementation of Term insurance products.
• Drive and evaluate reinsurance opportunities
• Provide support for an outstanding, groundbreaking digital experience; review product related marketing, sales and training materials.
• Be responsible for the actuarial components of term state filings such as actuarial memorandums, demonstrations and state responses.
• Develop and/or evaluate models that will allow clients to assess insurance needs.
• Lead the evaluation of new underwriting data sources, accelerated underwriting program and tools to improve underwriting process, reduce cost and turnaround times, while minimizing mortality slippage.
• Develop and analyze product experience including lapses, mortality, and expenses to identify trends and benchmark against pricing assumptions.
• Present to senior management on a periodic basis.
• Chance to lead a small team.
• Potential to spend time on annuity, permanent life and long-term care product development and pricing and gain exposure to the full suite of Fidelity’s life insurance company’s product offering.

The Expertise and Skills You Bring

• BS in Actuarial Science, Mathematics, Finance or Physics
• 15+ years of proven insurance experience
• Fellow in the Society of Actuaries
• Member of the American Academy of Actuaries
• Experience with individual life insurance and annuity product pricing and product development
• Broad based insurance background including exposure to sales, marketing, systems, client services, underwriting and finance with a clear understanding of the interactions between these areas.
• Strong communication skills, including the ability to help key constituents understand insurance products and explain sophisticated topics to non-technical people at all organizational levels
• Ability to build and maintain positive relationships as you work collaboratively across teams

The Team

Fidelity Investments Life Insurance Company (FILI) provides financial products that help Fidelity’s investors achieve lifetime financial goals. Having our annuity and life insurance solutions as options is a strategic advantage for 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.

Please see below for the salary range for work locations in Colorado only:

Please see below for the salary range for work locations in New York City, Westchester County, NY and Jersey City, NJ only:

Please see below for the salary range for work locations in California only:

Please see below for the salary range for work locations in Washington only:

Certifications:

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.

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 Best Place to Work in 2023. 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.

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.