Actuary – Model Development, Annuities (Fully Remote)

National Life Group; United States; Remote; USD 139,000 - 204,000; Full time

Benefits offered by this job

401(k) eligibility

Paid time off

Parental leave

Job summary

National Life Group seeks an experienced actuarial professional to build, test, and validate MG-ALFA models for Asset Adequacy Testing, ALM, and statutory forecasting. You will own model inputs, interfaces, reports, and databases, partnering with IT and business teams.

You will lead projects for new products and model enhancements, delivering production-ready models quarterly while automating processes to improve efficiency and reliability.

Qualifications

• Bachelor's degree in Actuarial Science, Math, CS, Statistics, Economics; FSA or Career ASA required.
• 8+ years of experience; 5+ years modeling MG-ALFA or similar software; strong annuities knowledge.
• Advanced Statutory and GAAP accounting knowledge preferred; life insurance experience a plus.

Responsibilities

• Build, test, and validate MG-ALFA models for Asset Adequacy Testing, ALM, Statutory Forecasting, ORSA, VNB, and special projects.
• Streamline modeling functionality to enable efficient and reliable projection capabilities.
• Report to the Model Steward and partner with IT and business partners.
• Own all aspects of technical functionality of MG-ALFA models, including model inputs, interface, reports, and database.
• Lead projects for new products, riders, and model functionality; deliver validated production models quarterly.
• Automate processes with IT and support ad-hoc modeling requests.

Skills

MG-ALFA modeling

Annuities knowledge

Statutory GAAP knowledge

Actuarial modeling

Data analysis

Education

Bachelor's degree in Actuarial Science, Math, CS, Statistics, Economics

FSA or Career ASA

Tools

MG-ALFA

Job description

• Build, test, and validate MG-ALFA models for Asset Adequacy Testing, ALM, Statutory Forecasting, ORSA, VNB, and special projects.
• Streamline modeling functionality to enable efficient and reliable projection capabilities.
• Report to the Model Steward and partner with IT and business partners.
• Own all aspects of technical functionality of MG-ALFA models, including model inputs, interface, reports, and database.
• Lead projects for new products, riders, and model functionality; deliver validated production models quarterly.
• Automate processes with IT and support ad-hoc modeling requests.

Qualifications

• Bachelor's degree in Actuarial Science, Math, CS, Statistics, Economics with 8+ years of experience; FSA or Career ASA required.
• 5+ years of modeling experience with MG-ALFA or similar software; strong annuities knowledge.
• Advanced Statutory and GAAP accounting knowledge preferred; life insurance experience a plus.
• Flexible benefits including 401(k) eligibility, paid time off, and parental leave.
• Discretionary annual incentive programs subject to performance.
• Base pay range of $138,750 - $203,500 USD.

National Life Group

National Life Group is an insurance company providing families with stability and peace of mind through insurance and annuity policies. It fosters a collaborative environment with opportunities for growth, guided by values like 'Do good. Be good. Make good.'