Alfa Modeling Actuary

The Jacobson Group; United States; Remote; USD 124,000 - 152,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) retirement savings plan

Job summary

The Jacobson Group seeks an experienced ALFA Modeling Actuary to support its valuation team on year-end regulatory reporting. This remote contract role focuses on rolling forward ALFA models, running scenarios for annuity and life products, and reviewing outputs.

The ideal candidate has strong ALFA modeling experience and annuity knowledge, plus Excel-based process proficiency for reinsurance mechanics. Start date is October 19, 2026, for an estimated 4–5 months, with emphasis on independent

Qualifications

• Hands-on ALFA modeling experience and strong annuity product knowledge.
• Ability to modify actuarial models, understand assumptions and mechanics.
• Excellent Excel skills and experience with model output and calculations.
• Strong communication and time-management for remote collaboration.
• Ability to work independently in a remote environment with the valuation team.

Responsibilities

• Roll forward and update in-force ALFA models to the current valuation date.
• Run ALFA model scenarios for annuity and life products and review results.
• Investigate anomalies and troubleshoot modeling issues promptly.
• Process output through Excel-based models reflecting reinsurance mechanics.
• Streamline and clean up existing Excel files and processes.
• Support year-end valuation and AG-55 reporting activities.
• Package results for review and coordination with the valuation team.
• Collaborate closely with actuaries to ensure timely, accurate work.

Skills

ALFA modeling

Annuity product knowledge

Model troubleshooting

Communication

Education

ASA or FSA designation

Tools

Excel

Job description

Job Description

Our Client is seeking an experienced ALFA Modeling Actuary to support its valuation team through year-end regulatory reporting activities. This is a hands‑on actuarial modeling role focused on rolling forward ALFA models, executing valuation runs across multiple scenarios for annuity and life products, reviewing model output, and supporting Excel‑based processes used to reflect reinsurance mechanics. The ideal candidate will bring strong ALFA modeling experience, solid annuity product knowledge, and the ability to independently investigate model results and troubleshoot issues. Experience with fixed indexed annuities, particularly products with GMWB or other GMxB features, is highly desirable. This position is remote, with an anticipated start date of October 19, 2026, and is expected to last approximately 4-5 months.

Responsibilities

• Roll forward and update in‑force ALFA models to the current valuation date.
• Execute ALFA model runs across multiple scenarios for annuity and life products.
• Review model output for reasonableness and identify potential anomalies or issues.
• Investigate modeling issues and support timely resolution of discrepancies.
• Process ALFA output through Excel‑based models used to reflect reinsurance mechanics.
• Streamline, update and clean up existing Excel files and processes.
• Support year‑end valuation and regulatory reporting activities, including work related to AG‑55 reporting.
• Package modeling results and supporting output for review by the valuation team.
• Collaborate closely with valuation actuaries to ensure work is completed accurately and on schedule.

Requirements

• Strong hands‑on ALFA modeling experience
• Strong understanding of annuity products
• Experience working with and modifying actuarial models, including understanding model terminology, assumptions and mechanics
• Strong Excel skills and experience working with model output and actuarial calculations
• Ability to analyze model results, identify unexpected outcomes and troubleshoot issues
• Strong communication and time‑management skills
• Ability to work independently in a remote environment while collaborating effectively with the valuation team
• ASA or FSA designation

Pay Range

The anticipated pay range for this position is $90-$110.00 per hour, based on experience. We understand that salary is an important factor in a job search, and we encourage you to apply even if you feel that your desired compensation may fall outside of the listed range. The final pay for this position is determined based on several factors including but not limited to, relevant experience, skills and certifications, education and training, geographic location, market conditions, and internal equity. We are committed to finding the right candidate for this role and are open to discussing how your unique qualifications align with our needs.

Benefits

• Medical insurance
• Dental insurance
• Vision insurance
• 401(k) retirement savings plan

Contact

Morgan Falck
Senior Life Insurance Recruiter
[phone]
[e-mail]

Equal Opportunity Employer

The Jacobson Group is committed to fostering an inclusive and equitable workplace that reflects the diverse communities we serve. We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status or any other protected characteristic as defined by applicable law. We believe that diversity of thought, background and experience strengthens our team and drives innovation. All employment decisions are based on qualifications, merit and business needs. If you require a reasonable accommodation to complete the application process or participate in an interview, please contact us at [e-mail] or [phone] to make a request.

Refer a Colleague

Do you know someone who would be interested in this project? Submit your referral directly by emailing the Jacobson contact listed above or submitting them through this form. If your referral is hired for a contract assignment and meets all other eligibility criteria, you will receive a referral bonus!