MG ALFA Modeller
EXL
- Salary
- $150k - $183kest.
- Experience
- 8+ Years
Role Summary
Role type
Modelling-heavy individual contributor
Closer to a modelling-heavy IC than a capital-risk strategy role—the differentiator is hands-on MG-ALFA build and governance rather than enterprise ERM ownership.
Senior Life and Annuity actuarial modelling role in Jersey City, New Jersey. You will develop and govern MG-ALFA models, perform deterministic and stochastic cash flow projections, support ALM and valuation work, and explain reserve, earnings, and capital results to stakeholders.
Requirements
Must have
- Strong expertise in MG-ALFA (mandatory)
Strongly preferred
- 8-10 years of actuarial modeling experience in Life Insurance and Annuities
- Hands-on experience with Asset Liability Modeling (ALM)
- Hands-on experience with Cash Flow Testing (CFT)
- Hands-on experience with Asset Adequacy Testing (AAT)
- Hands-on experience with valuation and projection modeling
- Hands-on experience with scenario and sensitivity testing
- Hands-on experience with model validation and governance
- Experience with STAT, GAAP, and LDTI reporting
- Strong understanding of mortality, lapse, expense, and investment assumptions
- Strong understanding of asset reinvestment strategies
- Strong understanding of 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 actuarial modelingALM, cash flow testing, and asset adequacy testingValuation and projection modeling under STAT, GAAP, LDTIScenario and sensitivity testingModel validation, reconciliation, and governance