Senior Associate, Actuary

Posted 8 Days Ago
Be an Early Applicant
5 Locations
76K-144K Annually
Junior
Fintech
The Role
The Senior Associate, Actuary role involves performing pension valuations, designing benefit programs, ensuring compliance with regulatory requirements, and managing projects. The position requires critical thinking, communication skills, and an ability to train Analysts. The role aims to contribute positively in a fast-paced consulting environment and develop effective solutions for clients.
Summary Generated by Built In

Job Description:

Role

Searching for an experienced future actuary interested in building a career in a team centric fast paced consulting environment.

The Expertise and Skills You Have

  • Bachelor's degree with a major in Mathematics, Actuarial Science, or another quantitatively rigorous subject preferred

  • 2-4 years of experience in a pension and benefit consulting firm or related industry

  • Preferably at least 3-5 actuarial exams completed

  • Knowledge of benefit program design, legislative, account and regulatory requirements (IRS/DOL/FAS/PBGC/ERISA/409A/PPA)

  • You have strong critical thinking and problem-solving skills

  • You are a leader with self-motivation and determination to succeed

  • You have excellent oral and written communication skills

  • You have a strong ability to balance and prioritize multiple projects in a fast-paced work environment

  • You have an ability work within budgeted timeframes to maintain client profitability without sacrificing quality

  • Performing Pension valuations including (ERISA, FASB ASC 715, FASB ASC 960), cost and benefit design studies, non-discrimination testing, benefit statements and compliance

  • Training and assisting Analysts to ensure the continued development of staff

  • Help with coordinating and managing projects and budgets

  • Preparing reports for client presentations and completing/reviewing required compliance tasks (government forms and non-discrimination testing)

  • Other projects including mergers/acquisitions/divestitures, plan terminations, cost and benefit design studies

  • Collaborating with internal business partners across diverse subject areas to develop and implement effective solutions on behalf of our clients.

The Team

The Fidelity Workplace Consulting Group is composed of over 400 professionals who advise clients on the management of their domestic benefits. We are a fast-growing business within Fidelity, providing a broad range of services that touch on every area of benefits design, strategy, funding, communication and delivery. While we focus on working with the Fortune 1000, we also work with Fidelity clients of all sizes.

The base salary range for this position is $76,000-$144,000 per year.  

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.   

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home.  These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career.  Note, the application window closes when the position is filled or unposted.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

Fidelity’s hybrid working model blends the best of both onsite and offsite work experiences. Working onsite is important for our business strategy and our culture. We also value the benefits that working offsite offers associates. Most hybrid roles require associates to work onsite every other week (all business days, M-F) in a Fidelity office.

Certifications:

Category:Consulting

Top Skills

Actuarial Science
Mathematics
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Boston, MA
58,848 Employees
On-site Workplace
Year Founded: 1946

What We Do

At Fidelity, our goal is to make financial expertise broadly accessible and effective in helping people live the lives they want. We do this by focusing on a diverse set of customers: - from 23 million people investing their life savings, to 20,000 businesses managing their employee benefits to 10,000 advisors needing innovative technology to invest their clients’ money. We offer investment management, retirement planning, portfolio guidance, brokerage, and many other financial products.

Privately held for nearly 70 years, we’ve always believed by providing investors with access to the information and expertise, we can help them achieve better results. That’s been our approach- innovative yet personal, compassionate yet responsible, grounded by a tireless work ethic—it is the heart of the Fidelity way.

Similar Jobs

Chicago, IL, USA
1296 Employees

CVS Health Logo CVS Health

Actuary - Small Group Pricing

Fitness • Healthtech • Retail • Pharmaceutical
4 Locations
119959 Employees
60K-146K Annually
Remote
4 Locations
11699 Employees
120K-225K Annually

CVS Health Logo CVS Health

Senior Actuary - Finance

Fitness • Healthtech • Retail • Pharmaceutical
4 Locations
119959 Employees
118K-261K Annually

Similar Companies Hiring

EDGE Thumbnail
Software • Fintech • Financial Services • Analytics
Chicago, IL
20 Employees
Bectran, Inc Thumbnail
Software • Machine Learning • Information Technology • Fintech • Automation • Artificial Intelligence
Schaumburg, IL
51 Employees
MassMutual India Thumbnail
Insurance • Information Technology • Fintech • Financial Services • Big Data
Hyderabad, Telangana

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account