AVP, VA Financial Reporting Actuary Manager

Fortitude Re•Nashville, TN

1d•Hybrid

About The Position

The AVP, VA Financial Reporting Actuary Manager role is a key role that leads, delivers and directly participates in the key deliverables of the Variable Annuity financial reporting team. The role is responsible for executing all aspects of US statutory / tax and US GAAP reserves and financial reporting for the VA block, as well as Cash Flow Testing, stress testing and EV/Strategic Plan projections. The role includes delivery and communication of results to outside stakeholders and it is generally expected that ownership of key reporting projects within the VA financial reporting team will be split amongst the AVP positions. The AVP, VA Financial Reporting Actuary Manager is also responsible for managing a team, leading and developing a high-performing team while ensuring alignment with organizational strategy through proactive coaching, succession planning, and cross-functional collaboration. This role will be based in our Nashville, TN office on a hybrid basis.

Requirements

An undergraduate degree is required with preference for mathematic, actuarial sciences, and other quantitative fields.
Fellow of the Society of Actuaries (FSA) or an Associate of the Society of Actuaries (ASA) with 7+ years of experience.
7+ years of actuarial experience in the Life and Annuity insurance industry with a minimum of 3 years in variable annuity valuation and financial reporting.
Experience and proficient knowledge in US Statutory or US GAAP accounting frameworks for variable annuities.
Proficient knowledge with VA products and familiarity with VA modeling.
Proven track record of successfully owning financial reporting deliverables and improving process efficiency.
Demonstrated success working in collaborative teams and in working with cross-functional teams and senior management.
Demonstrated leadership, with the ability to direct and lead members of the team.

Responsibilities

Prepare timely and accurate reporting of US GAAP reserves.
Prepare timely and accurate reporting of US statutory reserves, tax reserves and all required statutory filings.
Support the CFT process and analysis.
Prepare timely and accurate reporting of RBC Stress Testing sensitivities, as well as EV and Strategic Plan projections.
Develop and enhance results analysis and attribution for each reporting basis.
Execute controls and governance processes.
Support Finance by providing information and exhibits needed for financial reporting.
Support other functional areas and management on information requests and initiatives as needed.
Support the evaluation and potential integration of future acquisitions.
Own the growth, performance, and future readiness of team members through structured development planning, coaching, and succession management.