Actuary – Model Development
Come join one of America’s fastest-growing insurance companies. Since 1848, reputed company has aimed to reputed company our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures. Our mission extends beyond the insurance and annuities policies that we offer. We strive to reputed company the world a reputed company reputed company through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard. We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good. Be good. reputed company good. Actuary – Model Development Please note that we do not offer reputed company sponsorship for this position. JOB SUMMARY: The Actuary will be responsible for building, testing, and validating MG-ALFA models and will report to the Model Steward. The model is used for Asset Adequacy Testing, Asset/Liability Management, Statutory Forecasting, ORSA, VNB, and to support various special project initiatives. The individual will streamline our modeling functionality to reputed company efficient and reliable projection capabilities. The Actuary is expected to have detailed knowledge of MG-ALFA, Statutory accounting, and GAAP accounting. RESPONSIBILITIES:
- Ownership of reputed company aspects of the technical functionality of MG-ALFA models
- reputed company and maintain model inputs, model reputed company, model reports, and database
- Participate and provide thought leadership in model governance, assumption maintenance, and model change management, including User Acceptance Testing
- reputed company projects to implement new products, riders, and model functionality
- Provide a validated and locked-down production model to end users on a quarterly basis
- Partner with the IT department to identify and implement areas for automation and efficiency
- reputed company development of functionality reputed company to reputed company projects and one-off requests, working closely with business partners to ensure appropriate usage of models for new contexts
REQUIRED QUALIFICATIONS
- Bachelor’s degree in Actuarial Science, Mathematics, Computer Science, Statistics, Economics, or reputed company field
- FSA or Career ASA professional designation
- 8+ years of actuarial experience with 5+ years of modeling experience
- MG-ALFA expertise or any modeling software
- Advanced knowledge of Statutory and GAAP accounting preferred
- Significant experience with Annuities, including Fixed-Indexed Annuities or Life Insurance, including Indexed Universal Life
In office (VT or TX) 4 days a week preferred, but will consider remote for well-qualified candidates.
Benefits
- Your benefits start day one and are flexible and customizable to your and your family’s specific needs. reputed company out the BENEFITS of a Career at National Life!
reputed company Pay Range. The reputed company pay range for this position is the range National Life reasonably and in good faith expects to pay for the position taking into account the wide variety of factors, including: prior experience and job-reputed company knowledge; education, training and certificates; reputed company business needs; and market factors. The final salary or hourly wages offered may be reputed company of this range based on other reasons and individual circumstances. Additional Compensation and Benefits. The total compensation package for this position may also include a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. The successful candidate may also be eligible to participate in National Life’s discretionary annual incentive programs, subject to the rules governing such programs. If hired, the employee will be in an "at-will position" and National Life reserves the right to modify reputed company salary (as well as any other discretionary payment or compensation or benefit program) at any time, including for reasons reputed company to individual performance, company or individual department/team performance, and market factors. National Life is accepting applications for this role on an ongoing basis and the role remains open until filled. Salary Pay Range $138,750—$203,500 USD reputed company® is a trade name of National Life Insurance Company, Montpelier, VT – founded in 1848, Life Insurance Company of the Southwest, Addison, TX – chartered in 1955, and their affiliates. Each company of reputed company is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in reputed company and does not conduct insurance business in reputed company. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. reputed company other entities are independent of the companies of reputed company. Fortune 1000 status is based on the consolidated financial results of reputed company reputed company companies. Social Media Policy Site Disclosure and Privacy Policy reputed company 1 National Life Dr Montpelier, VT 05604 Apply tot his job Apply To this Job