Actuary, Corporate Actuarial

National Life • Montpelier, VT

267d

About The Position

The Actuary will spearhead the development and upkeep of actuarial models/processes/data platforms essential for calculating, analyzing, and reporting reserves and other financial statement items for life insurance products. This role entails adapting actuarial and data models for new products, regulatory demands, business expansions, and strategic projects, while fostering collaboration across Corporate Actuarial, Finance, Product Development, Risk, and IT departments. This role will report to the Senior Actuary of Corporate Actuarial.

Requirements

• FSA designation from the Society of Actuaries with at least 8 years of actuarial experience within the life insurance sector.
• At least 5 years of actuarial experience within modeling, valuation, and/or financial reporting.
• Mastery of actuarial modeling methodologies and standards.
• Proficiency in actuarial modeling software (such as PolySystems, MG-ALFA, GGY-AXIS).
• Exceptional analytical acumen and advanced problem-solving skills.
• Excellent written and verbal communication skills.

Nice To Haves

• Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field.
• Minimum 3 years of people management and/or project management experience.
• Skilled in database tools like SQL, DataBricks, Microsoft Access, etc.
• Comprehensive understanding of actuarial governance and control frameworks.
• Demonstrated collaborative spirit and organizational synergy.

Responsibilities

• Drive the prompt execution of initiatives related to new product launches, regulatory updates, and strategic business advancements.
• Direct the architecture, creation, evaluation, and deployment of sophisticated actuarial models.
• Deliver comprehensive support to the Valuation team and the Modeling team, encompassing model development, problem-solving, regulatory compliance, and audit facilitation.
• Supervise the lifecycle of actuarial valuation models from conception to operational integration.
• Refine valuation modeling workflows, emphasizing simplification, uniformity, and automation.
• Uphold and execute actuarial change management and governance protocols.
• Recognized and sought out to consult or advise on actuarial and broader enterprise initiatives.
• Translate strategic objectives into short-term goals for Corporate Actuarial.
• Assess and identify knowledge gaps, then develop and implement plans to strengthen and elevate team members' talents.
• Lead specialized actuarial training sessions to advance internal modeling expertise.

Benefits

• Flexible and customizable benefits starting day one.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Insurance Carriers and Related Activities
• Education Level: Bachelor's degree