Remote Capital Modeling Actuary – Life & Annuity

Smith Hanley; City of Rochester (NY); Remote; USD 140,000 - 160,000; Full time

Job summary

Smith Hanley is seeking an experienced Capital Modeling Actuary for Life & Annuity with 8-10 years of actuarial modeling expertise. The role centers on developing, enhancing, validating, and maintaining models that support liability valuation, capital assessment, and asset adequacy testing.

The candidate should have hands-on experience with MG-ALFA, GGY AXIS, or Prophet, plus knowledge of ALM, CFT, and regulatory reporting.

Qualifications

• 8-10 years actuarial modeling experience in life insurance and annuities.
• Hands-on expertise with MG-ALFA, GGY AXIS, or Prophet.
• Deep capital modeling experience including ALM, cash flow testing (CFT), and asset adequacy testing (AAT).
• Experience with valuation and projection modeling, scenario testing, sensitivity analysis, and model validation.
• Knowledge of STAT, GAAP/LDTI, economic balance sheet applications, and Bermuda regulatory requirements preferred.
• Strong understanding of mortality, lapse, expense, and investment assumptions, asset reinvestment strategies, and economic scenarios.

Responsibilities

• Lead development, enhancement, validation, and maintenance of actuarial models.
• Support liability valuation, business planning, capital assessment, and asset adequacy testing.
• Partner across actuarial, finance, investment, and risk teams on complex modeling initiatives.
• Assist with regulatory reporting and model governance.

Skills

Actuarial modeling

Life & Annuity

MG-ALFA

GGY AXIS

Prophet

ALM

Cash flow testing

Asset adequacy testing

Valuation & projection modeling

Regulatory reporting

Model validation

Tools

MG-ALFA

GGY AXIS

Prophet

Job description

Smith Hanley is seeking an experienced Capital Modeling Actuary for Life & Annuity with 8-10 years of actuarial modeling expertise. The role centers on developing, enhancing, validating, and maintaining models that support liability valuation, capital assessment, and asset adequacy testing.

The candidate should have hands-on experience with MG-ALFA, GGY AXIS, or Prophet, plus knowledge of ALM, CFT, and regulatory reporting.