Life Actuary Valuation

EXL; United States; On-site; USD 140,000 - 200,000; Full time

Job summary

EXL is seeking a Senior Valuation Actuary to support Life actuarial valuation and reporting processes for reserve calculations, financial statements, and regulatory filings.

The role collaborates with internal actuarial leadership to ensure timely production, validation, and documentation of assumptions and methodologies, while driving efficiency and controls in a fast-paced environment.

Qualifications

• 10+ years of life insurance/annuity valuation experience.
• Experience with statutory, GAAP, EBS, or economic balance sheet reporting.
• Strong analytical, modeling, and reconciliation skills.
• Experience with actuarial modeling platforms and reporting processes.
• Ability to work in a fast-paced production environment with strong attention to detail.

Responsibilities

• Support quarterly and monthly actuarial valuation processes across multiple reporting bases.
• Perform reserve calculations, validation checks, reconciliations, and variance analysis.
• Support production of collateral, covenant, and financial reporting calculations.
• Assist with actuarial model execution and review of outputs.
• Document assumptions, methodologies, and production processes.
• Support audit, regulatory, and management reporting requests.
• Identify and escalate data, model, or reporting issues impacting valuation results.
• Work with internal actuarial teams to improve efficiency, controls, and production readiness.

Skills

Valuation experience

Life insurance & annuity

GAAP/statutory reporting

Modeling & reconciliation

Production environment

Job description

The Valuation Actuary will support Life actuarial valuation and reporting processes, helping ensure the timely and accurate production of reserve calculations, financial reporting, regulatory reporting, and related actuarial analyses. The role will work closely with internal actuarial leadership and business stakeholders to support recurring production activities, validation, reconciliations, and reporting requirements.

Key Responsibilities

• Support quarterly and monthly actuarial valuation processes across EBS, SBA, GAAP/SFS, tax, and other reporting bases.
• Perform reserve calculations, validation checks, reconciliations, and variance analysis.
• Support production of collateral, covenant, and financial reporting calculations.
• Assist with actuarial model execution and review of outputs.
• Document assumptions, methodologies, and production processes.
• Support audit, regulatory, and management reporting requests.
• Identify and escalation data, model, or reporting issues impacting valuation results.
• Work with internal actuarial teams to improve efficiency, controls, and production readiness.

Qualifications

• 10+ years of life insurance, annuity, or reinsurance valuation experience.
• Experience with statutory, GAAP, EBS, or economic balance sheet reporting.
• Strong analytical, modeling, and reconciliation skills.
• Experience working with actuarial modeling platforms and reporting processes.
• Ability to work in a fast-paced production environment with strong attention to detail.