Role Overview
Our client is looking to add a Valuations Actuary to their team. This role will serve as a key member of the actuarial function with primary responsibility for valuation, financial reporting, and actuarial governance of Fixed Indexed Annuity (FIA) products. This individual will play a critical role in ensuring accurate reserves, robust modeling, and insightful analysis used by senior leadership to drive strategic decisions.
Key Responsibilities
• Lead the valuation and financial reporting processes for FIA product lines under Statutory, GAAP, and/or IFRS frameworks.
• Maintain, enhance, and validate actuarial models (e.g., AXIS, Prophet, MG‑ALFA or equivalent) to support valuation, forecasting, and risk analysis.
• Develop and review actuarial assumptions, ensuring they reflect credible experience, emerging trends, and regulatory requirements.
• Prepare and present reserve analyses, earnings results, and attribution insights to senior leadership.
• Coordinate with cross‑functional teams-including Pricing, Risk, Finance, ALM, and Investments-to align valuation outcomes with company objectives.
• Support year‑end audits, regulatory filings, and other governance‑related activities.
• Contribute to model governance, including documentation, testing, model change logs, and validation exercises.
• Provide subject matter expertise on FIA product mechanics, crediting strategies, hedge interactions, and capital implications.
• Assist with developing enterprise risk insights, stress testing, and scenario analysis.
Qualifications
• FSA designation (Fellow of the Society of Actuaries) - Required.
• 5+ years of actuarial experience, with meaningful exposure to FIA or annuity product valuation.
• Strong understanding of annuity reserving, actuarial regulations, and financial reporting frameworks (Stat, GAAP, VM‑21/22, etc.).
• Proficiency with actuarial modeling software such as AXIS, MG‑ALFA, Prophet, or similar.
• Excellent communication skills-able to distill complex results and present clearly to non‑technical stakeholders.
• Ability to work independently in a lean, collaborative environment where initiative and ownership are key.
What Makes This Role Attractive
• High‑visibility position with direct interaction with executive leadership.
• Broad scope spanning valuation, modeling, risk, and product understanding.
• Opportunity to influence actuarial infrastructure and process design.
• Growth‑focused environment supportive of innovation and continuous improvement.
