Director, Valuation
Prosperity Life
Director, Valuation
United States · Yesterday
Individual AnnuitiesIndividual Life ProtectionLife Annuity Other
- Salary
- $149k - $190kest.
- Experience
- 5+ Years
Role Summary
Role type
Valuation and reporting leader
Closer to a valuation-cycle leadership role than a capital strategy role: recurring quarterly and annual reporting anchors the remit, despite broader modeling and strategic work.
Director-level U.S. Life actuarial valuation role based in the United States, covering individual life and annuity products. You will lead valuation, financial reporting, assumption work, model development, and earnings projections across U.S. GAAP, Statutory, Tax, and Bermuda EBS frameworks, while partnering with Finance, Risk, Underwriting, and M&A.
Requirements
Strongly preferred
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or related field, or equivalent combination
- 5+ years of actuarial experience with exposure to a broad range of insurance products
- Strong knowledge of U.S. GAAP accounting frameworks (FAS 60, FAS 91, FAS 97)
- Solid understanding of Long-Duration Targeted Improvements (LDTI)
- Experience with products such as FIA, FIUL, UL, Deferred Annuities, Payout Annuities, and Traditional Life
- Expertise with actuarial modeling platforms (MG-ALFA, AXIS, Prophet, or similar)
- Advanced Excel skills with experience developing, automating, and optimizing complex financial models
- Hands-on experience building, validating, and maintaining valuation systems and models with focus on data integrity
- Proven experience supporting end-to-end development of U.S. GAAP financials including model development, assumption setting, validation, documentation, and audit support
- Strong understanding of model governance, controls, and documentation standards
Nice to have
- Familiarity with both direct and reinsurance business
- Experience with Principles-Based Reserves (PBR) / VM-20
Skills & Domain
ToolsExcel
DomainU.S. GAAP and LDTI for life insuranceFixed Indexed Annuities and Universal LifeALFA, AXIS, or Prophet modelingValuation system development and automationAssumption setting and experience studies