Actuary - Model Development

Position: Actuary - Model Development
Location: Boston, MA (Hybrid)
Compensation: $170K $180K Base + Bonus

Actuarial Summary:
FSA-level actuarial professional with expertise in life and annuity valuation, actuarial modeling, and reinsurance transaction integration. This role supports Bermuda Economic Balance Sheet (EBS) valuation while leading key actuarial aspects of new reinsurance deal onboarding. Responsibilities include model development, valuation process enhancements, financial reporting support, and cross-functional collaboration with pricing, data, and technology teams. Ideal candidates bring strong technical modeling capabilities, knowledge of life and annuity products, and experience with valuation frameworks, governance standards, and scalable actuarial solutions supporting strategic business growth.

Key Skills & Requirements
FSA designation with strong actuarial modeling and valuation experience
Expertise in Bermuda EBS, US Statutory, and US GAAP valuation principles
Knowledge of life and annuity products including FIA, VA, RILA, UL, and PRT
Experience supporting reinsurance transactions and pricing-to-valuation model transitions
Strong understanding of asset-liability modeling, governance, and controls
Excellent communication skills with ability to collaborate across actuarial, pricing, and technology teams

Smith Hanley Associates takes pride in being the premier recruiting agency serving the actuarial industry. For over 30 years, we have served both clients and candidates with specialization in analytics and actuarial science. For more information, please visit our website at www.Smithhanley.com.