Actuarial Business Analyst
Individual Life ProtectionIndividual AnnuitiesPension DBReserving & ValuationPricing & RatingProduct Development & Plan Design
Role Summary
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Senior life actuarial role supporting modeling, valuation, and risk analysis for term life, universal life and pension risk transfer products in Frederick, MD. You will build, validate, and govern actuarial models for pricing, valuation and forecasting while partnering with finance, investments, IT and product teams. The role requires an ASA and 5+ years of life insurance actuarial experience.
JOB DESCRIPTION SUMMARY
- Develop and validate actuarial models for pricing, valuation, and forecasting
- Work across life products: Term Life, Universal Life and Pension Risk Transfer
- Provide model governance, documentation, and audit/regulatory support
- Partner with Finance, Investments, IT, Product and Underwriting teams
- Senior role requiring ASA and 5–10+ years of life insurance actuarial experience
DOMAIN EXPERTISE
- Actuarial modeling for life insurance products
- Experience with Term Life, Universal Life, and Pension Risk Transfer
- Product design, pricing, and profitability analysis
- Model validation, governance, and documentation
- Regulatory and audit support for actuarial assumptions and results
KEY REQUIREMENTS
- 5+ years actuarial experience in life insurance (5–10+ years listed)
- ASA (Associate of the Society of Actuaries) required
- Proven actuarial modeling, valuation, and risk assessment experience
- Experience with SQL, Python, and VBA for analytics and automation
- Experience with actuarial software (GGY AXIS or MG-ALFA)
TECH STACK
- No tech stack specified