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Role Summary

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HIGHLIGHTS

Senior Assistant Actuary role on the Valuation team at Banner Life, focusing on IFRS 17 reserves for the pension risk transfer (PRT) business. You will produce and analyze IFRS reserves (BEL, RA, CSM), support the transition to US GAAP, and coordinate with stakeholders. The ideal candidate has deep life insurance valuation experience, strong AXIS and SQL skills, and an FSA or near-ASA designation.

JOB DESCRIPTION SUMMARY

  • Lead IFRS 17 valuation for pension risk transfer (PRT) business
  • Calculate and review BEL, RA, CSM using Moody's AXIS and SQL
  • Support transition from IFRS 17 to US GAAP reporting
  • Direct work of junior team members and manage deadlines
  • Hybrid role in Frederick, MD (details not specified)

DOMAIN EXPERTISE

  • Pension risk transfer (PRT) valuation
  • IFRS 17 (BEL, RA, CSM) reporting
  • US GAAP reporting transition
  • Life insurance product knowledge

KEY REQUIREMENTS

  • BS/BA in Actuarial Science, Math, Stats, or Economics
  • FSA, advancing ASA, or Career ASA with 12+ years experience
  • 6+ years life insurance/PRT valuation experience
  • Deep knowledge of IFRS 17 and/or US GAAP reporting
  • Moody's AXIS and SQL skills

TECH STACK

  • Excel
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Role Summary

Loading...

HIGHLIGHTS

Senior Assistant Actuary role on the Valuation team at Banner Life, focusing on IFRS 17 reserves for the pension risk transfer (PRT) business. You will produce and analyze IFRS reserves (BEL, RA, CSM), support the transition to US GAAP, and coordinate with stakeholders. The ideal candidate has deep life insurance valuation experience, strong AXIS and SQL skills, and an FSA or near-ASA designation.

JOB DESCRIPTION SUMMARY

  • Lead IFRS 17 valuation for pension risk transfer (PRT) business
  • Calculate and review BEL, RA, CSM using Moody's AXIS and SQL
  • Support transition from IFRS 17 to US GAAP reporting
  • Direct work of junior team members and manage deadlines
  • Hybrid role in Frederick, MD (details not specified)

DOMAIN EXPERTISE

  • Pension risk transfer (PRT) valuation
  • IFRS 17 (BEL, RA, CSM) reporting
  • US GAAP reporting transition
  • Life insurance product knowledge

KEY REQUIREMENTS

  • BS/BA in Actuarial Science, Math, Stats, or Economics
  • FSA, advancing ASA, or Career ASA with 12+ years experience
  • 6+ years life insurance/PRT valuation experience
  • Deep knowledge of IFRS 17 and/or US GAAP reporting
  • Moody's AXIS and SQL skills

TECH STACK

  • Excel

Job Overview

Salary
$128k - $159k
Years of Experience
6+ Years
Work Type
Permanent
Full Time

Ideal Candidate Profile

Ideal for an FSA or near-FSA with 6+ years of life/PRT valuation experience, deep IFRS 17 reporting knowledge, and hands-on Moody’s AXIS and SQL skills. Comfortable directing junior analysts and collaborating with Finance and IT on process improvements and GAAP transition.

FSA

Benefits

Bonus EligibleAnnual Bonus401(k) PlanHigh 401(k) MatchHealth InsuranceDental InsuranceLife InsuranceGenerous VacationStudy SupportMentorship Program
Shortlist Forming
Closing Soon
35d
35 days ago

Strategy: Speed over Perfection

By Day 21, visibility drops significantly. Recruiters are focusing on existing candidates.

"Don't wait for a cover letter. The requisition could close tomorrow. Apply now."

Job Overview

Salary
$128k - $159k
Years of Experience
6+ Years
Work Type
Permanent
Full Time

Ideal Candidate Profile

Ideal for an FSA or near-FSA with 6+ years of life/PRT valuation experience, deep IFRS 17 reporting knowledge, and hands-on Moody’s AXIS and SQL skills. Comfortable directing junior analysts and collaborating with Finance and IT on process improvements and GAAP transition.

FSA

Benefits

Bonus EligibleAnnual Bonus401(k) PlanHigh 401(k) MatchHealth InsuranceDental InsuranceLife InsuranceGenerous VacationStudy SupportMentorship Program
Shortlist Forming
Closing Soon
35d
35 days ago

Strategy: Speed over Perfection

By Day 21, visibility drops significantly. Recruiters are focusing on existing candidates.

"Don't wait for a cover letter. The requisition could close tomorrow. Apply now."

Senior Assistant Actuary, Valuation

Banner Life family of companies | life insurance

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