State Licensed Assistant Actuary

Job Summary

Contributing to the growth of the annuity product portfolio, the full-time State Licensed Assistant Actuary will perform quarterly statutory and PBR valuations, develop analytical tools, and provide financial analysis in a remote or hybrid work environment.

Key responsibilities

• Perform quarterly statutory and tax valuations for non-variable annuity products, producing reserve movement analysis for management review
• Collaborate with the Liability Product Owner to ensure valuation data integrity and model soundness through established governance procedures
• Support the implementation of the VM-22 framework, including defining valuation model requirements and participating in user acceptance testing

Required qualifications

• Bachelor's degree in actuarial science, mathematics, statistics, or equivalent required
• ASA designation required; active pursuit of FSA strongly preferred
• Minimum 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 strongly preferred, and experience with SQL required