Senior Actuary, VM-22 Annuity Valuation

National Life Group; Addison (TX); On-site; USD 139,000 - 204,000; Full time

Job summary

National Life Group in Addison, TX seeks an experienced actuary to lead VM-22 principle-based reserving for non-variable annuities. You will shape methodologies, assumptions, and testing, ensuring a controlled, repeatable valuation process for regulatory and financial reporting.

Collaborating with Actuarial, Pricing, Investments, IT, and governance teams, you’ll drive model development, data needs, and production readiness while communicating complex concepts to senior leadership and

Qualifications

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field.
• FSA professional designation or Career ASA.
• 7+ years of actuarial experience, including 4+ years in annuity valuation, statutory reporting, actuarial modeling, or principle-based reserving.
• Experience developing, testing, or implementing actuarial valuation models.
• Strong analytical and problem-solving skills, including investigating complex model results.
• Experience working with actuarial modeling, data, or analytical platforms.
• Strong technical documentation skills documenting methodology, controls, and judgment.
• Strong communication skills for presenting complex concepts to leadership.

Responsibilities

• Serve as SME on VM-22, guiding regulatory requirements, valuation methodology, modeling considerations, and implementation decisions.
• Lead VM-22 implementation across applicable annuity products and valuation processes.
• Develop and document VM-22 methodologies, assumptions, and actuarial judgments.
• Provide actuarial expertise in asset modeling, including cash flows, reinvestment assumptions, and asset-liability interactions.
• Partner with stakeholders to define model requirements and validate VM-22 calculations.
• Perform model testing, sensitivity analyses, and benchmark comparisons.
• Coordinate with valuation team on key actuarial assumptions via experience analysis.

Skills

VM-22 Expertise

Actuarial Modeling

Communication skills

Analytics

Education

Bachelor's degree in Actuarial Science/Math/Statistics/Finance

Tools

PolySystems

VBA

Databricks

Excel

Job description

National Life Group in Addison, TX seeks an experienced actuary to lead VM-22 principle-based reserving for non-variable annuities. You will shape methodologies, assumptions, and testing, ensuring a controlled, repeatable valuation process for regulatory and financial reporting.

Collaborating with Actuarial, Pricing, Investments, IT, and governance teams, you’ll drive model development, data needs, and production readiness while communicating complex concepts to senior leadership and