Director of Actuarial Modeling & Platform Modernization

Prosperity Life; New York (NY); Hybrid; USD 180,000 - 250,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

HSA & 401(k) match

Paid time off

Life and disability insurance

Job summary

Prosperity Life in NYC area is seeking a Director, Model Development, to lead critical actuarial modeling initiatives within a fast-growing life and annuity company. You will shape enterprise actuarial architecture, oversee multiple modeling workstreams, and translate complex analytics into strategic business outcomes.

The role demands SOA fellowship, 7+ years of actuarial experience, and a track record leading teams and large projects.

Qualifications

• Fellow of the Society of Actuaries (FSA) designation is required.
• 7+ years of actuarial experience, including team and project leadership.
• Deep expertise in U.S. Statutory accounting, including PBR.
• Deep expertise in U.S. GAAP accounting, including LDTI.
• Strong experience with life and annuity products.
• Proven ability to lead multiple projects and workstreams.
• Strong executive communication and presentation skills.
• Experience presenting complex analyses to senior leadership and Board-level audiences.
• Demonstrated success building high-performing technical teams.

Responsibilities

• Maintain and enhance actuarial models and processing tools for statutory reporting.
• Support models for Embedded Value, Business Planning, and U.S. GAAP reporting under LDTI.
• Ensure modeling outputs are accurate and aligned with requirements.
• Lead future-state modeling platform strategy and architecture modernization.
• Improve model quality, scalability, governance, and efficiency.
• Coordinate cross-functional stakeholders to drive actuarial initiatives.
• Balance hands-on modeling with project leadership.
• Drive end-to-end modeling process improvements and automation.
• Support capital management initiatives and regulatory filings.
• Lead, mentor, and develop a high-performing actuarial team.

Skills

Actuarial modeling

Project leadership

Executive communication

Team leadership

SQL

Python

Education

Fellow of the Society of Actuaries (FSA)

Tools

SQL

Python

Job description

Prosperity Life in NYC area is seeking a Director, Model Development, to lead critical actuarial modeling initiatives within a fast-growing life and annuity company. You will shape enterprise actuarial architecture, oversee multiple modeling workstreams, and translate complex analytics into strategic business outcomes.

The role demands SOA fellowship, 7+ years of actuarial experience, and a track record leading teams and large projects.