AVP, Valuation Actuary

About the role

The AVP, Valuation Actuary will play a critical part in ensuring the accuracy, consistency, and integrity of annuity valuation results, supporting financial reporting, regulatory compliance, and internal risk management. This role will be a key technical contributor in production valuation processes, partnering closely with finance, risk, and modeling teams.

Responsibilities

• Perform and review Statutory and GAAP valuation for annuity products
• Own end-to-end execution of valuation processes, including assumption governance, model execution, results validation, and documentation
• Develop, maintain, and enhance actuarial models in GGY AXIS, supporting both BAU production and analytical initiatives
• Partner closely with finance, risk, and modeling teams to explain reserve movements, emerging experience, and quarter-over-quarter results
• Support regulatory and audit engagements, including preparation of exhibits, memoranda, and responses to inquiries
• Contribute to the continued evolution of valuation infrastructure, controls, and automation as the business scales
• Manage, and provide technical guidance and informal mentorship to junior actuarial staff
• Be abreast, represent and further Aspida’s views on upcoming regulations and accounting guidance by actively participating in ACLI, and AAA working groups.

Requirements

• FSA designation with a strong foundation in life and annuity valuation
• 10+ years of actuarial experience, with significant exposure to statutory and/or GAAP valuation
• Strong understanding of U.S. Statutory and U.S. GAAP accounting frameworks. Understanding of Bermuda EBS framework a plus
• Solid understanding of PBR methodologies such as VM-20 or VM-21 or VM-22
• Desire to be a “hands-on” modeler to help with process improvements, implement new and upcoming regulations, and strategic initiatives.
• Expertise and experience with GGY AXIS, including hands-on model development, maintenance, and production runs for life insurance or annuity or long-term care products preferred but not essential.
• Ability to mentor and train junior staff on:
• o U.S. Statutory and GAAP frameworks
• o GGY AXIS modeling
• o Connect actuarial deliverables to broader business results and, P&L.

Qualifications

• Ability to independently manage complex workstreams and deliver high-quality results under tight timelines
• Clear communicator who can translate technical results into business-relevant insights
• Detail-oriented, control-minded, and comfortable operating in a fast-growing, evolving environment
• Ability to educate senior management on operational requirements and business impacts of upcoming regulations and accounting guidance.

Skills

• Statutory and GAAP valuation expertise
• Modeling and data analysis skills with GGY AXIS
• Communication and mentoring abilities
• Regulatory and compliance knowledge

Benefits

• Salaried, DOE
• Long-Term Incentive Plan
• Full-Time
• Full Benefits Package Available

Pay

• Salaried, DOE

Schedule

• Onsite 3 days a week at our Durham, NC office