Associate Actuary – Annuity Valuation
HybridIndividual AnnuitiesReserving & ValuationRegulatory ReportingAsset-Liability Management
Role Summary
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Associate Actuary focused on annuity valuation within a life/annuities business. You will perform statutory valuation, reserve and capital analysis for variable annuities and RILAs, support cash flow testing and financial reporting, and partner with management, auditors, and regulators. Hybrid role based in Cedar Rapids, IA (three days/week in office).
JOB DESCRIPTION SUMMARY
- Lead statutory valuation and reserve calculations for variable annuities and RILAs
- Produce and review monthly, quarterly, and annual financial reporting
- Perform cash flow testing and analyze drivers of valuation changes
- Use actuarial modelling platforms (e.g., MG-ALFA) and Python-based tools
- Hybrid role – 3 days/week in Cedar Rapids or Denver hub (Tue–Thu)
DOMAIN EXPERTISE
- Annuity valuation and financial reporting
- Variable annuities and RILA product experience
- Statutory reserve calculations and capital analysis
- Cash flow testing and GAAP exposure analysis
- Assumption studies and persistency/mortality analysis
KEY REQUIREMENTS
- Bachelor's in Actuarial Science, Math, Statistics, Economics and 5 years' relevant experience
- FSA required; ASA acceptable with 8 years of relevant experience
- Experience performing annuity valuation, statutory reserves and capital analysis
- Ability to produce timely financial results and explain model drivers to stakeholders
TECH STACK
- No tech stack specified
