Closer to a modelling-heavy IC than a transformation role—the platform conversion supports ongoing actuarial model ownership rather than a standalone systems build.
Senior Life modeling actuary role in Springfield, Massachusetts, supporting participating whole life products and dividend management. You will own and modernize Python-based actuarial models, partner with subject matter experts on validation and governance, and gradually contribute to assumption development, regulatory testing, and dividend liability analysis.
Requirements
Must have
Bachelor's degree in actuarial science, mathematics, statistics, data science, computer science, engineering, or related quantitative/technical field
ASA designation
5+ years of actuarial experience within insurance, financial services, or a related quantitative field
3+ years of Python programming experience supporting analytical, actuarial, or modeling applications
Experience developing, maintaining, validating, or enhancing actuarial, financial, or other complex quantitative models
Demonstrated ability to translate business requirements into maintainable solutions while independently managing multiple priorities
Nice to have
FSA designation
Experience with the design, pricing, modeling, or inforce management of participating life insurance products
Experience modernizing or converting legacy actuarial models into modern platforms
Understanding of model controls, governance, and risk management, including ability to implement best practices
Strong collaboration and communication skills across technical and non-technical audiences, navigating ambiguity
Skills & Domain
DomainParticipating whole life insurance products and dividend managementActuarial or financial quantitative model development and validation