Life Actuary – PBR Valuation & GAAP Reporting

National Life Group; Addison (TX); On-site; USD 121,875 - 178,750; Full time

Benefits offered by this job

Flexible and customizable benefits

401(k) eligibility

Paid time-off benefits

Job summary

National Life Group in Addison, Texas, is seeking an experienced Associate Actuary. This role involves calculating and analyzing reserves for Indexed Universal Life policies and providing actuarial support on various projects. Candidates must have an FSA designation or Career ASA with significant experience in life insurance actuarial work. The position includes an onsite schedule, requiring attendance four days a week. Excellent communication skills and proficiency in actuarial software are essential for success in this role.

Qualifications

• Minimum 7 years of actuarial experience in the Life Insurance sector with FSA, or 10 years with Career ASA.
• At least 5 years of experience in actuarial modeling or financial reporting.
• Comprehensive understanding of actuarial valuation requirements and techniques.

Responsibilities

• Perform valuation on Life blocks focusing on Principle-Based Reserves (PBR).
• Conduct analysis of business trends and reserve movements.
• Communicate analysis to financial reporting stakeholders.

Skills

Actuarial modeling software proficiency

Problem-solving capabilities

SQL and database tools

Analytical prowess

Education

Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field

FSA or Career ASA designation

Tools

PolySystems

MG-ALFA

GGY-AXIS

Job description

National Life Group in Addison, Texas, is seeking an experienced Associate Actuary. This role involves calculating and analyzing reserves for Indexed Universal Life policies and providing actuarial support on various projects. Candidates must have an FSA designation or Career ASA with significant experience in life insurance actuarial work. The position includes an onsite schedule, requiring attendance four days a week. Excellent communication skills and proficiency in actuarial software are essential for success in this role.