Associate Actuary, Valuation
HybridIndividual Life ProtectionReserving & ValuationExperience StudiesRegulatory Reporting
Role Summary
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Senior life valuation role focused on reserving for Indexed Universal Life (IUL). You’ll perform Principle-Based Reserves (PBR) valuation, lead experience studies and assumption updates, and produce statutory, GAAP (FAS97/FAS133) and tax reporting. Onsite role based in Addison, TX with a four-day in-office core (Mon–Thu).
JOB DESCRIPTION SUMMARY
- Perform PBR valuation for Indexed Universal Life blocks
- Lead experience studies and update actuarial assumptions
- Prepare statutory, GAAP (FAS97/FAS133) and tax reserve reporting
- Work onsite four days/week (core days Mon–Thu)
- FSA or Career ASA required; senior valuation experience expected
DOMAIN EXPERTISE
- Principle-Based Reserves (PBR) valuation on life blocks
- Experience studies and assumption setting for PBR
- Statutory, GAAP (FAS97/FAS133) and tax actuarial reporting
- Proficiency with PolySystems, MG-ALFA, or GGY-AXIS
- SQL and Databricks database experience
KEY REQUIREMENTS
- FSA with 7+ years or Career ASA with 10+ years in life insurance
- At least 5 years in actuarial modeling or valuation and financial reporting
- Proficiency with PolySystems, MG-ALFA, or GGY-AXIS
- Skilled with SQL, Databricks, and Microsoft Access
- Detailed knowledge of statutory valuation and GAAP (FAS97/FAS133)
TECH STACK
- Databricks
- Access
- Excel