Actuarial Manager, Model Development

About the role

We’re looking for an Actuarial Manager, Model Development, to join our Actuarial Modeling team in a fast-paced, high-growth environment. In this role, you’ll be responsible for supporting all phases of the actuarial model development lifecycle, helping deliver high-quality models that support critical financial reporting, planning, and strategic initiatives across the organization.

Responsibilities

• Maintain and enhance actuarial models supporting Statutory reporting, including Cash Flow Testing and Principle-Based Reserves (PBR)
• Support models used for Embedded Value, Business Planning, and U.S. GAAP reporting under LDTI
• Ensure models are accurate, reliable, and aligned with business and reporting objectives
• Streamline and automate legacy model input and output processes to improve efficiency and controls
• Develop and implement modeling standards, governance practices, and documentation
• Enhance the overall user experience and effectiveness of actuarial modeling tools
• Execute initiatives supporting Prosperity Life's future-state modeling platform strategy
• Lead and support model conversion efforts as part of ongoing actuarial modernization initiatives
• Contribute to projects focused on improving actuarial architecture, scalability, and operational effectiveness
• Support strategic initiatives including in-force management analysis, actuarial due diligence, regulatory field testing, and model validation
• Partner with stakeholders to provide modeling insights that inform business and actuarial decision-making
• Translate technical analyses into actionable recommendations for broader audiences

Requirements

• Associate of the Society of Actuaries (ASA)
• 5+ years of actuarial experience in modeling, valuation, or a related actuarial discipline
• Strong analytical and problem-solving capabilities
• Excellent communication and business partnering skills
• Ability to balance technical execution with strategic thinking
• Proven ability to independently manage projects and deliver results

Prior Experience

• Experience with MG-ALFA or similar asset-liability cash flow modeling platforms
• Familiarity with asset modeling concepts
• Experience with U.S. Statutory accounting, including PBRE
• Experience with U.S. GAAP accounting, including LDTI
• Knowledge of life and annuity products
• Technical proficiency in SQL, R, and/or Python