Liability Modeler

Unified Life Insurance; Indianapolis (IN); On-site; USD 120,000 - 180,000; Full time

Job summary

Unified Life Insurance seeks a highly motivated actuary to join its growing actuarial team, focusing on modeling across health, life, and annuity products. The role emphasizes annuity expertise, technical leadership, and collaboration with finance and risk management to support reserving, forecasting, and reporting.

The ideal candidate brings strong modeling skills, experience with MYGA/FIA products, and a practical understanding of insurance financial reporting.

Qualifications

• FSA with 5+ years of actuarial experience or ASA with 10+ years of actuarial experience.
• Significant experience with MYGA, FIA, and FIA with GLWB products.
• Strong actuarial modeling and analytical skills.
• Experience with reserving, forecasting, financial reporting, or cash flow testing.
• Strong communication and problem-solving skills.
• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field.

Responsibilities

• Develop, maintain, and enhance actuarial models supporting annuity, health, and life products.
• Support cash flow testing, reserve adequacy analysis, and asset-liability management initiatives.
• Perform scenario testing, sensitivity analysis, and profitability assessments.
• Improve and automate actuarial reporting and modeling processes.
• Support monthly, quarterly, and annual reserve calculations and financial reporting.
• Analyze emerging experience and develop recommendations for assumption updates.
• Assist with statutory, management, and regulatory reporting requirements.
• Support actuarial memorandum and documentation development.
• Support annual planning, budgeting, and periodic forecast processes.
• Develop projections of earnings, capital, cash flows, and key business metrics.
• Partner with Finance and Accounting teams to analyze and communicate business results.
• Support reinsurance reporting, treaty administration, and financial analysis.
• Analyze the impact of new and existing reinsurance arrangements.
• Assist with reserve and settlement reconciliations and other ceded reinsurance reporting requirements.

Skills

Actuarial modeling

Analytical skills

Communication skills

Problem-solving

Leadership

Education

FSA with 5+ years of actuarial experience

ASA with 10+ years of actuarial experience

Tools

Integrate/MG-ALFA

AXIS

Prophet

SQL

Python

VBA

Power BI

Job description

Position Summary

We are seeking a highly motivated actuary to join our growing actuarial team. This role will serve as a key modeling resource supporting a broad range of actuarial and financial functions across health, life, and annuity products. Responsibilities include actuarial modeling, reserving, cash flow testing, financial planning and forecasting, reinsurance reporting, and experience analysis.

While the position will support all lines of business, we are particularly interested in candidates with strong annuity expertise who can provide technical leadership and insight for our annuity products while expanding their exposure to life and health business. The ideal candidate combines strong modeling and analytical skills with a practical understanding of insurance financial reporting and risk management.

Key Responsibilities

Modeling & Financial Analysis

• Develop, maintain, and enhance actuarial models supporting annuity, health, and life products.
• Support cash flow testing, reserve adequacy analysis, and asset-liability management initiatives.
• Perform scenario testing, sensitivity analysis, and profitability assessments.
• Improve and automate actuarial reporting and modeling processes.

Valuation & Reserving

• Support monthly, quarterly, and annual reserve calculations and financial reporting.
• Analyze emerging experience and develop recommendations for assumption updates.
• Assist with statutory, management, and regulatory reporting requirements.
• Support actuarial memorandum and documentation development.

Planning & Forecasting

• Support annual planning, budgeting, and periodic forecast processes.
• Develop projections of earnings, capital, cash flows, and key business metrics.
• Partner with Finance and Accounting teams to analyze and communicate business results.

Reinsurance Support

• Support reinsurance reporting, treaty administration, and financial analysis.
• Analyze the impact of new and existing reinsurance arrangements.
• Assist with reserve and settlement reconciliations and other ceded reinsurance reporting requirements.

Qualifications

Required:

• FSA with 5+ years of actuarial experience, or ASA with 10+ years of actuarial experience.
• Significant experience with MYGA, FIA, and FIA with GLWB products.
• Strong actuarial modeling and analytical skills.
• Experience with reserving, forecasting, financial reporting, or cash flow testing.
• Strong communication and problem-solving skills.
• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field.

Preferred:

• Experience with supplemental health products, including accident, critical illness, hospital indemnity, and other voluntary benefits.
• Life products
• Experience with actuarial software such as Integrate/MG-ALFA, AXIS, Prophet, or similar platforms.
• Proficiency with SQL, Python, VBA, Power BI, or other analytical tools.
• MAAA designation.

What You’ll Bring

• Deep expertise in annuity products and actuarial modeling.
• Interest in developing broader expertise across life and health products.
• Strong technical skills coupled with sound business judgment.
• Ability to thrive in a hands-on environment where ownership, initiative, and collaboration are highly valued.
• A desire to help build and enhance actuarial capabilities within a growing organization.