Life Actuarial Modeller
EXL
- Salary
- $150k - $186kest.
- Experience
- 8+ Years
Role Summary
Role type
Modelling-heavy individual contributor
Closer to a modelling-heavy IC role than a capital strategy role because the emphasis is model build, validation, and governance rather than enterprise risk decisions.
Senior Life actuarial modelling role in the United States, supporting Life and Annuity products. You’ll develop and maintain MG-ALFA models for ALM, cash-flow projections, valuation, capital assessment, regulatory reporting, and model governance, while working with senior stakeholders and clients.
Requirements
Must have
- Strong expertise in either MG-ALFA/Prophet/GGY Axis (mandatory)
Strongly preferred
- 8-10 years of actuarial modeling experience within Life Insurance and Annuities
- Capital modeling experience
- Asset Liability Modeling (ALM) experience
- Cash Flow Testing (CFT) and Asset Adequacy Testing (AAT) experience
- Valuation and projection modeling experience
- Scenario and sensitivity testing experience
- Model validation and governance experience
- Experience with STAT, GAAP, and LDTI reporting
- Strong understanding of mortality, lapse, expense, and investment assumptions
- Strong understanding of asset reinvestment strategies and interest rate and economic scenario modeling
- Strong understanding of life insurance and annuity products
Nice to have
- Experience with Bermuda regulation
Skills & Domain
DomainLife insurance and annuity modelingMG-ALFA, Prophet, or GGY AxisAsset Liability Management (ALM)Cash Flow Testing (CFT) and Asset Adequacy Testing (AAT)Model validation and governance