AVP Actuary, Valuation & Modernization - AI-Driven Reserves

NACBA; Des Moines, Northern (IA, KY); Hybrid; USD 180,000 - 240,000; Full time

Job summary

Wellabe seeks an AVP Actuary Valuation & Modernization to lead the actuarial function, establish proper reserves, and explain financial results for Wellabe entities. You will drive modernization, support audits, and manage a small high-performing team to ensure accuracy and regulatory compliance.

The role partners with Finance, Legal, and Risk, requires advanced actuarial expertise in US statutory and GAAP valuation, and strong communication with executives.

Qualifications

• 7+ years actuarial experience with US statutory and US GAAP valuations.
• Strong communication skills to present to executives and the board.
• Experience with actuarial modeling and regulatory frameworks.

Responsibilities

• Oversee preparation and interpretation of actuarial data and formulas.
• Ensure compliance with statutory reserve requirements.
• Direct monthly/quarterly/annual close for actuarial items and RBC calculations.
• Support financial reporting and analysis for management and board.
• Drive automation and use of AI to improve actuarial processes.
• Build and lead a high performing team of 3–5 actuarial professionals.
• Collaborate with Accounting, Internal Audit, Risk, Modeling, and Data teams.

Skills

Communication

Actuarial skills

Insurance knowledge

Technical aptitude

MS Office

Problem solving

Analytical thinking

Cross-functional teamwork

Organization

Education

Bachelor’s degree in mathematics, statistics, actuarial science or computer science

FSA designation

MAAA designation a plus

Tools

Actuarial modeling software

GAAP LDTI knowledge

Job description

Wellabe seeks an AVP Actuary Valuation & Modernization to lead the actuarial function, establish proper reserves, and explain financial results for Wellabe entities. You will drive modernization, support audits, and manage a small high-performing team to ensure accuracy and regulatory compliance.

The role partners with Finance, Legal, and Risk, requires advanced actuarial expertise in US statutory and GAAP valuation, and strong communication with executives.