Actuary – Model Development, Annuities

About the role

Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures. Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard. We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good. Be good. Make good.

Please note that we do not offer visa sponsorship for this position.

Responsibilities

• Ownership of all aspects of the technical functionality of MG-ALFA models
• Develop and maintain model inputs, model interface, model reports, and database
• Participate and provide thought leadership in model governance, assumption maintenance, and model change management, including User Acceptance Testing
• Lead projects to implement new products, riders, and model functionality
• Provide a validated and locked-down production model to end users on a quarterly basis
• Partner with the IT department to identify and implement areas for automation and efficiency
• Lead development of functionality related to ad-hoc projects and one-off requests, working closely with business partners to ensure appropriate usage of models for new contexts
• All other duties as assigned.

Requirements

• Bachelor's degree in Actuarial Science, Mathematics, Computer Science, Statistics, Economics, or related field and 8 or more years of related work experience
• FSA or Career ASA professional designation
• 5+ years of modeling experience
• MG-ALFA expertise or any modeling software
• Significant experience with Annuities, including Fixed-Indexed Annuities

Qualifications

• Advanced knowledge of Statutory and GAAP accounting
• Experience with Life Insurance, including Indexed Universal Life

Skills

• Cultivates Innovation - Fosters innovation by taking calculated risks; Work cooperatively with others to produce innovative solutions.
• Ensures Accountability - Holds self and others accountable to meet commitments and performance goals.
• Directs Work - Provides direction, delegates, and removes obstacles to get work done.
• Demonstrates Emotional Intelligence - Exhibits the ability to recognize, understand, and manage emotions and how emotions can influence others; Uses a combination of feedback and reflection to gain productive insight into personal strengths and opportunities.
• Exhibits Critical and Creative Thinking - Engaging thinking skills that focus on logic and reasoning to make decisions (critical) and innovative solutions to solve problems (creative).
• Leads Change - Facilitates change and transition at the individual and team level; Develops strategic goals for aligning with change.
• Develops Talent - Builds team(s) equipped for the future by applying coaching techniques for developing team members to meet their professional/personal goals and the organizational goals; Listens and responds with empathy; Asks thought provoking questions.
• Inspires Others - Motivates and influences others by creating an environment where teams can do their best work; Partners across the organization to achieve results.
• Leverage approved AI tools, where appropriate, to improve the efficiency, quality, and impact of their work.
• Stay curious and open to new AI-enabled ways of working.
• Exercise sound judgment by reviewing and validating AI-generated content.
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