Actuary - Individual Annuities

Key Responsibilities

• Owning the development and enhancement of AXIS models and processes supporting VM-22 valuation and communicating results to senior management.
• Design and implementation of model improvements, including structure, assumptions, and runtime optimization.
• Leading methodology decisions related to VM-22 interpretation and implementation and driving model governance (change management, controls, validation readiness).
• Partnering with valuation, pricing, FP&A, and investment management to ensure consistency and usability of results.
• Analyzing model output to identify drivers, limitations, and opportunities for improving model performance and scalability (automation, workflow, cloud integration where applicable).
• Staying current on VM-22 regulatory developments and translating into model changes.
• Providing mentorship and project leadership to core VM-22 team as well as partner organizations.
• Demonstrates expertise in Company's risk profile, risk appetite and risk management practices to complete risk-based analysis and propose appropriate risk-based opportunities.

Skills and Background You’ll Need

• Education: Bachelor’s degree (or equivalent combination of education and experience) in mathematics, actuarial science, business, or a related field preferred.
• Certification: ASA or FSA Designation required.
• Experience: 5+ years of experience sufficient to have gained a seasoned actuarial business perspective required.
• Prior modeling experience with GGY AXIS (preferred).
• Hands-on experience with Individual annuities (required).
• Asset modeling and Asset Liability Management (ALM) experience (strongly preferred).
• Projection and Valuation modeling experience (CFT, LDTI MRB, VM-20, or VM-21) (preferred).
• Strong analytical skills, attention to detail, and the ability to own and explain reserve movements.