Assistant Actuary - Annuity Valuation

Job Summary

To support the growth of the annuity product portfolio, the full-time Assistant Actuary - Annuity Valuation will perform quarterly statutory and PBR valuations, enhance analytical tools, and provide financial analysis in a remote or hybrid work environment.

Key responsibilities

• Perform quarterly statutory and tax valuation for non-variable annuity products and produce reserve movement analysis
• Partner with the Liability Product Owner to ensure valuation data integrity and model soundness through governance procedures
• Contribute to VM-22 actuarial assumption setting and testing, including mortality and lapse assumptions, while managing valuation data pipelines

Required qualifications

• Bachelor's degree in actuarial science, mathematics, statistics, or equivalent
• ASA designation required; active pursuit of FSA strongly preferred
• 3-5 years of annuity valuation experience, with familiarity in VM-22 and/or VM-21 statutory valuation
• Advanced knowledge of actuarial mathematics and PBR concepts, including stochastic modeling
• In-depth knowledge of actuarial modeling software, with Prophet preferred, and experience with SQL required