Chief Actuary (Life Insurance)

• Compute, analyze, and manage statutory and tax reserves for life insurance and annuity products.
• Maintain and enhance actuarial models used for valuation and projections.
• Prepare monthly financial statement exhibits for actuarial items, ensuring accuracy and compliance with regulatory and internal standards.
• Lead or support the preparation of the Annual Statement actuarial components, including Actuarial Exhibits and supporting documentation.
• Prepare the Actuarial Memorandum and other regulatory filings, ensuring compliance with applicable state and NAIC requirements.
• Assist with year-end audit support, including responding to auditor inquiries and providing required documentation.

• Design, price, and evaluate new life and annuity products, including modeling, assumption setting, and competitive analysis.
• Analyze product profitability and performance relative to pricing expectations, experience studies, and company targets.
• Conduct profitability analysis for distribution and marketing partners, including compensation structures, persistency, and experience trends.
• Collaborate with cross-functional teams (Marketing, Finance, Operations, Compliance) to support product launches and ongoing product management.

• Perform analysis of death claims, including mortality experience studies, trend identification, and assumption recommendations.
• Conduct experience studies for lapse, expense, morbidity (if applicable), and other key actuarial assumptions.
• Recommend updates to actuarial assumptions based on emerging experience and industry trends.
• Is qualified to sign statements of actuarial opinion for life and health insurance company annual statements in accordance with the American Academy of Actuaries qualification standards for actuaries signing such statements.
  

• Build, maintain, and validate actuarial models using Slope Actuarial software (primary platform).
• Ensure model governance, documentation, and controls are maintained in accordance with actuarial standards and internal policies.
• Utilize additional actuarial and analytical tools as needed (e.g., SQL, R, Python, Excel).

• Support enterprise risk management activities, including stress testing, scenario analysis, and ORSA related work.
• Assist with cashflow testing and asset adequacy analysis.
• Provide actuarial insights to support strategic initiatives, capital management, and reinsurance transactions.

• Present actuarial findings to senior leadership, auditors, regulators, and other stakeholders.
• Translate complex actuarial results into clear, actionable insights for nonactuarial teams.
• Support internal committees and working groups related to product, financial reporting, and risk.

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field.
• Progress toward ASA or FSA designation (or equivalent experience).
• Experience in life insurance actuarial work, including valuation, product development, or financial reporting.
• Proficiency with Slope Actuarial software is strongly preferred; experience with other actuarial modeling platforms is a plus.
• Strong analytical, problem-solving, and communication skills.

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