Actuarial Modeling Associate: VM-22 & AXIS

Acturhire; Portland, Northern (OR, KY); Hybrid; USD 95,000 - 139,000; Full time

Job summary

The Standard’s Individual Annuities division seeks an Actuarial Associate to support VM-22 model implementation, data processes, and analytics for pricing, FP&A, ALM, and governance.

This role suits a process‑oriented professional who explains results clearly and aims to develop advanced modeling skills while collaborating with valuation, pricing, FP&A, and investment teams. There may be opportunities to contribute to strategic initiatives such as reinsurance and asset allocation.

Qualifications

• Bachelor’s degree required or equivalent combination of education and experience.
• 3+ years of actuarial experience.
• Prior modeling experience with GGY AXIS (preferred).
• Hands-on experience with Individual annuities (preferred).
• Asset modeling and Asset Liability Management (ALM) experience (preferred).
• Projection and Valuation modeling experience (VM-20, VM-21) (strongly preferred).
• Python experience (preferred).
• Strong analytical skills and the ability to own and explain reserve movements.

Responsibilities

• Applies understanding of functional area to support enhancement of AXIS models and processes supporting VM-22 valuation.
• Support key element of VM-22 model implementation, such as model improvements, including structure, assumptions, and runtime optimization.
• Develop of working understanding of VM-22 in order to effectively support governance needs (change management, controls, validation readiness).
• Partner with valuation, pricing, FP&A, and investment management to ensure consistency and usability of results.
• Analyze model output to identify drivers, limitations, and opportunities for improving model performance and scalability (automation, workflow, cloud integration where applicable)
• Partners with the core VM-22 team as well as other members of the actuarial community of practice.

Skills

Analytical skills

Python

VM-22 knowledge

ALM/Asset modeling

Explain reserve movements

Education

Bachelor’s degree in Mathematics/Actuarial Science/Related field

Tools

GGY AXIS

Job description

The Standard’s Individual Annuities division seeks an Actuarial Associate to support VM-22 model implementation, data processes, and analytics for pricing, FP&A, ALM, and governance.

This role suits a process‑oriented professional who explains results clearly and aims to develop advanced modeling skills while collaborating with valuation, pricing, FP&A, and investment teams. There may be opportunities to contribute to strategic initiatives such as reinsurance and asset allocation.