Actuary – Model Development, Annuities

National Life Group

Remote regions

US

Salary range

$138,750–$203,500/yr

Benefits

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Role Summary:

  • Build, test, and validate MG-ALFA models for Asset Adequacy Testing, ALM, Statutory Forecasting, ORSA, VNB, and special projects.
  • Streamline modeling functionality to enable efficient and reliable projection capabilities.
  • Report to the Model Steward and partner with IT and business partners.

Essential Duties:

  • Own all aspects of technical functionality of MG-ALFA models, including model inputs, interface, reports, and database.
  • Lead projects for new products, riders, and model functionality; deliver validated production models quarterly.
  • Automate processes with IT and support ad-hoc modeling requests.

Qualifications:

  • Bachelor's degree in Actuarial Science, Math, CS, Statistics, Economics with 8+ years of experience; FSA or Career ASA required.
  • 5+ years of modeling experience with MG-ALFA or similar software; strong annuities knowledge.
  • Advanced Statutory and GAAP accounting knowledge preferred; life insurance experience a plus.

Benefits:

  • Flexible benefits including 401(k) eligibility, paid time off, and parental leave.
  • Discretionary annual incentive programs subject to performance.
  • Base pay range of $138,750 - $203,500 USD.

National Life Group

National Life Group is an insurance company providing families with stability and peace of mind through insurance and annuity policies. It fosters a collaborative environment with opportunities for growth, guided by values like 'Do good. Be good. Make good.'

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