AVP, AXIS Modeler

Job Description

At the Constellation Insurance family of companies, we are dedicated to building a diverse, inclusive, and equitable workplace .

If you are excited about this role but your previous experience and education doesn't align perfectly with every qualification of the job description, we encourage you to apply. You may be the right candidate for this or other roles within the organization.

What you will be doing

The AVP, Annuity Valuation, AXIS Modeler will direct a small team and have a lead role in AXIS modeling for annuity valuation.

Responsibilities may include, but are not limited to, the following:

• Assisting with the implementation of annuity Long-Duration Targeted Improvements (LDTI)
• Developing and enhancing actuarial models using AXIS software to support annuity valuation under the LDTI framework
• Collaborating with cross functional teams including Actuarial, Finance and IT to gather requirements and implement model changes
• Performing model testing, valuation and documentation to ensure accuracy and compliance with regulatory standards
• Analyzing and interpreting model results, identifying areas for improvement, and implementing enhancements as needed
• Staying inform about industry developments and regulatory changes related to LDTI and incorporate updates into exiting models
• Providing support during audits and regulatory examinations, addressing inquiries, and providing documentation as necessary

What benefits you will see

• Competitive compensation
• Medical, dental and vision insurance effective your first day
• Company paid life insurance
• 401(k) with company match
• 100% paid parental leave
• Adoption and surrogacy benefits
• Tuition reimbursement
• Flexible time off

Why we are different

• We promote a diverse and inclusive workplace that respects the cultures, life experiences and traditions of our associates and the community
• You receive time away from the office including PTO, holidays, wellness day and community service to rest and recharge
• Associate resource groups provide opportunities to help you reach personal and professional goals
• A wide variety of associate services and programs including a college scholarship fund, corporate discounts, and recognition programs
• We offer a whole person approach to your health and well-being including financial resources and an Employee Assistance Program

Requirements

What you need to be successful

Required:

• A bachelor's degree in actuarial science, mathematics, statistics or related field
• FSA or career ASA designation
• At least eight years in actuarial roles is expected, including a minimum of two years of modeling with specific experience in variable annuity products.
• Strong proficiency with AXIS modeling software with at least two years of experience
• Excellent communication and influencing skills
• Strong leadership skills with demonstrated experience with building an fostering relationships
• Highly organized and able to lead successful projects without supervision
• Strong problem-solving skills
• Strong analytical skills including the ability to quantify impacts and synthesize data from multiple sources and identify trends

Preferred:

• Experience with US statutory and GAAP reporting
• Knowledge of LDTI and its implications for annuity valuation
• Demonstrated self-starter and effective individual contributor for non-routine projects
• Ability to interact with and provide subject matter expertise to multiple functional areas
• Ability to work independently and effectively manage multiple projects with competing deadlines

What your work environment will look like

• An inclusive work environment in which any group feels welcome, respected, supported, valued to fully participate at work
• Flexible work arrangements including remote, traditional and hybrid
• Associate well-being programs to balance your life in ways that suit you best
• Engagement opportunities on-site and virtually to connect with your co-workers
• Dress for your day work attire