Business Analyst

Job Description:

You want to apply your strong mathematical and problem-solving skills at an industry leading financial services firm to address reserve valuation and modeling issues.

The Expertise We’re Looking For

• Undergraduate degree in Mathematics, Computer Science, Statistics, Economics, Finance or Business
• Certified Actuarial Analyst (CAA) or intention to work toward this certification preferred
• Experience using Microsoft Office Excel (including Visual Basic), Word, and Access

The Purpose of Your Role

As an Actuarial Analyst, you will assist in the valuation of annuity and life reserves and related financial reporting requirements. This position will provide support to the Valuation Team on the following projects:

• Development of Statutory, Tax and GAAP actuarial reserves using actuarial models
• Preparation of monthly and quarterly reserve reports and annual statement reserve filings
• Analysis of mortality and lapse experience
• Determination of annuity death benefits
• Assistance in the compilation of data for auditors

The Skills You Bring

• You have solid analytical skills, an ability and desire to learn actuarial concepts, and a strong work ethic, including the ability to follow-up, focus on details, take initiative and meet deadlines
• Good oral and written communications skills
• Effective time management and organization skills, combined with an ability to multi-task
• An eagerness to learn the complex world of valuation and financial reporting

The Value You Deliver

• Updating models in response to changes in the regulatory and product landscape
• Assisting in the analysis of valuation results
• Helping to establish and maintain a strong control environment around the valuation process

How Your Work Impacts the Organization

Reporting to the Vice President and Actuary, this position sits within Fidelity Investments Life Insurance Company.  The life insurance company is part of the Personal Investing business, which works with Fidelity’s retail investors, inspiring better futures for our clients.

Company Overview

At Fidelity, we are focused on making our financial expertise broadly accessible and effective in helping people live the lives they want. We are a privately held company that places a high degree of value in creating and nurturing a work environment that attracts the best talent and reflects our commitment to our associates. For information about working at Fidelity, visit FidelityCareers.com

Fidelity Investments is an equal opportunity employer.

Certifications:

Company Overview

At Fidelity Investments, our customers are at the heart of everything we do. As a privately held company with a rich 75-year history, our mission has remained the same since our founding: 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. And you don’t need a finance background to succeed at Fidelity—we offer a range of opportunities for learning and growth so you can build the career you’ve always imagined. We welcome associates from different backgrounds and with different perspectives to help us innovate and make a difference for our customers and our communities.

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 Leave of Absence/Accommodation Team by sending an email to accommodations @fmr.com, or by calling 800-835-5099, prompt 2, option 2.

Fidelity will continue to keep the safety of associates and customers as our top priority and this will never change. As the pandemic evolves and Federal, State, and Local regulations emerge, it has become clear that knowing the vaccination status of all associates is critical to our safety efforts.

Therefore, Fidelity will require all candidates to disclose their COVID-19 vaccination status during the hiring process, and if vaccinated, provide proof of vaccine.

This is not a requirement to be vaccinated. It is a requirement to report vaccination status and, if vaccinated, provide proof.