Actuary – Annuity Valuation
$138,750–$203,500 year
On-siteAddison, Texas, United States
Job Summary
Lead the implementation of VM-22 Principle-Based Reserving for non-variable annuity products, serving as the subject matter expert on regulatory requirements, valuation methodology, and implementation decisions. Develop and document methodologies, assumptions, and actuarial judgments while partnering with stakeholders to define model requirements, validate calculations, and support the transition from implementation into a controlled, repeatable production process. Perform model testing, sensitivity analyses, and reasonableness assessments, analyze reserve results to communicate findings to leadership, and collaborate with IT to establish scalable data validation and production reporting processes. Manage the initial production cycles, resolve post-implementation issues, and identify opportunities to improve efficiency and control effectiveness. Work onsite four days per week during core days Monday through Thursday.
Required Qualifications
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field
- FSA professional designation or Career ASA
- 7+ years of actuarial experience, including 4+ years of relevant experience in annuity valuation, statutory reporting, actuarial modeling, or principle-based reserving
- Experience developing, testing, or implementing actuarial valuation models
- Strong analytical and problem-solving skills, including the ability to investigate complex model results and identify underlying drivers
- Experience working with actuarial modeling, data, or analytical platforms
- Strong technical documentation skills, including the ability to clearly document methodology, assumptions, controls, and actuarial judgment
- Strong communication skills with the ability to present complex actuarial concepts and implementation decisions to technical and senior management audiences
- This position currently offers an onsite work schedule, with the expectation that you will be in the office four (4) days per week during onsite core days
- Please note that we do not offer visa sponsorship for this position
Desired Qualifications
- Experience with VM-22, VM-21, VM-20, or other principle-based reserving frameworks
- Advanced proficiency with PolySystems, VBA, Databricks, and Excel
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