Co-op, FILI Actuary
Co-op, FILI Actuary
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Job Description
Job Description:
Job Description:
Actuary Co-op
The Fidelity Investments Life Insurance Company (FILI) is looking for an Actuarial Co-op. Are you a passionate and self-motivated person who would thrive in a collaborative competitive environment If so come build your career with us!
The Expertise Were Looking For
Prior co-op or internship a plus
Mathematics Actuarial Science or quantitative subject major preferred
Courses in business accounting finance or economics a plus
Having passed a Society of Actuaries exam a big plus
The Role
The Actuarial Co-op will work with a team of actuaries and analysts to provide computations and analyses in support of reinsurance administration and risk management for the Fidelity Investments Life Insurance Company a company with more than $40 billion in insurance liabilities and an integral part of one of the largest financial services firms in the US. We will work with you to develop your financial business and analytical and communication skills. Career path for candidate leads to an exam-taking actuary on track to achieve the professional designation of Fellow in the Society of Actuaries.
The Expertise and Skills You Bring
You have familiarity with spreadsheet and database programs
You are committed to constant self-improvement and exhibit a competitive drive
You thrive in a fast paced and team-oriented environment
You are resourceful organized and possess the ability to prioritize multiple priorities
You have a high aptitude to learn new things quickly and adapt to new situations
Your effective listening communication and presentation skills
Your effective analytical and problem-solving skills
Your commitment to learning and interest in the actuarial profession
The Value You Deliver
Collecting and preparing net settlement amounts for self-administered reinsurance agreements
Determine amounts payable on life insurance death claims
Collecting and analyzing data in support of the companys risk monitoring and risk management functions
Periodically report findings and results to various internal audiences
Manage project work to established timelines with periodic updates and proactive issue escalation/collaboration/resolution.
Continuous documentation and audit trail improvement
Fidelity Investments Life Insurance Company is a provider of retirement savings income and protection products with over $40 billion of insurance liabilities. FILI distributes through the Fidelity Insurance Agency and is an integral contributor of customer solutions to the Fidelity Wealth business unit. We currently offer a narrow range of insurance products which are purposefully designed to be simple easy to understand products which provide a specific value to the customer making our offerings easy to understand and easy to buy. As part of our team you will help us monitor and manage the balance sheet risks incurred as part of our delivery of the insurance products Fidelitys customer want and need.
The Team
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. In support of this mission FILI provides annuity and insurance products that help ensure our clients do not outlive their assets in retirement safeguard portfolios from market volatility help manage taxes and protect against premature death.
Certifications:
Category:
AdministrationFidelitys 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.
Employment Type
Full-Time
