Actuary

AAA Life is a respected and trusted American brand focusing on Life Insurance and Annuity Products since 1969. With over 1.8 million policies, we take pride in earning the trust of our policyholders and helping each other with a devotion to protect lives. We embrace a diverse, equitable, and inclusive culture where all associates can thrive.

About the role

This hybrid position involves a wide range of actuarial responsibilities, including valuation and reserving, asset liability modeling, economic capital modeling, cash flow testing, pricing and product development, data analytics, and risk management. The role requires interaction across all areas of the company and coaching less experienced actuaries. The Actuary will assist in planning short- and long-term activities, staying current on industry trends, and driving key business decisions.

Responsibilities

• Lead pricing analyses for life insurance products across multiple channels, evaluating profitability, capital efficiency, competitive position, and risk-return trade-offs.
• Develop recommendations for pricing actions, product redesign, or portfolio strategy.
• Build, maintain, and enhance pricing and financial projection models, improving structure, controls, documentation, automation, and repeatability.
• Use tools such as Excel, SQL, Power BI, Python, VBA, ALFA, MG-ALFA, or similar platforms to improve efficiency and insight.
• Analyze mortality, lapse, expense, premium persistency, and distribution assumptions, assessing sensitivity, scenario, and stress results to identify key profitability drivers.
• Develop defensible recommendations for assumption updates and risk mitigation.
• Partner with Product Development, Distribution, Finance, Reinsurance, Compliance, and Valuation to evaluate new product opportunities, distribution strategies, and portfolio optimization options.
• Translate complex actuarial analyses into practical business recommendations.
• Support state filing work, actuarial memoranda, and regulatory responses, ensuring pricing decisions are well documented, controlled, and defensible.
• Contribute to pricing governance, model risk management, and audit-ready documentation standards.

Requirements

• Fellow of the Society of Actuaries (FSA).
• 5+ years of actuarial experience in life insurance, annuities, or related financial services.
• Strong understanding of insurance pricing fundamentals and financial projection concepts.
• Experience building, validating, or improving actuarial models.
• Excellent problem-solving skills and comfort working through ambiguous questions.
• Strong communication skills, including the ability to explain technical analyses to non-technical audiences.

Preferred Qualifications

• Experience with life insurance product development, pricing, or reinsurance.
• Familiarity with state insurance filings, actuarial memoranda, and regulatory constraints.
• Experience presenting analysis and recommendations to senior leaders.
• Demonstrated ability to improve processes, strengthen controls, and create scalable modeling frameworks.
• Technical capability with Excel, SQL, Power BI, VBA, Slope, or similar tools.

Schedule

Hybrid work solution.

AAA Life Insurance Company does not offer immigration sponsorship for this position, including visa types such as H-1B, TN, and STEM OPT.