Actuary, Modeling – Life – Remote – 9505

Actuary, Modeling - Life - Remote - 9505

Published: May 24, 2022
Remote, Any
Job Type
Job ID
Yrs Exp(min)
Salary (Mid)
Mark Nicklas
Recruiter Phone Number
800 543-2553 Ext. 104


Insurance company in the Midwest has a need for an Actuary for Modeling and is responsible for serving the actuarial team in design and implementation of a best practice model governance framework. As a manager of the modeling team, the incumbent contributes to the development and production of actuarial models and associated analysis; and maintains accurate records and validations. This role will have supervisory responsibilities with 2-3 direct reports.


Leads change management of the Actuarial Corporate Model subject to rigorous model governance control requirements.
Leads research and development for changes in the Actuarial Corporate Model.
Evaluate existing actuarial models for enhancements on run-time, calculation engine, database setup and reporting capabilities.
Contributes to enhancing the current model governance policies and procedures.
Ensures timely and accurate Actuarial Corporate Model to serve key stakeholders’ reporting, validation and analysis of liabilities, as well as delivery of required quarterly and year-end production models from MG-ALFA.
Ensures timely and accurate preparation, validation and delivery on external audit and internal audit.
Understanding of US GAAP and Statutory reporting, including but not limited to the following metrics: FAS 97, FAS 133, SOP 03-1, DAC, AG33, AG35 and Cash Flow Testing.
Participates in the Corporate Model Steering Committee and serves as a non-voting member.
Manages a strategic initiative to integrate all actuarial models into the Actuarial Corporate Model in MG-ALFA.
Supports the actuarial modeling side of company transformation to new reinsurance initiatives, new asset allocations, multi-channel product distribution and diversifying between return on equity and return on assets.
Leads a diverse team of employees with responsibility for managing the employee life cycle and experience
Partners with Information Technology to improve and enhance the flow of data to the actuarial corporate model.
Monitors developments in the actuarial industry and remains current on applicable regulatory and accounting matters
Provides subject matter expertise to team members and internal/external stakeholders on complex actuarial models.


6+ years of related actuarial experience, or equivalent combination of education/and experience.
At least 5 years of MG-ALFA experience. Will consider combination of other actuarial software.
Strong knowledge of all laws, rules and regulations related to actuarial valuation in the annuities industry.
Strong statistical and advanced math skills, including excellent Excel skills.
Ability to read, analyze, and interpret technical journals, financial reports, and legal documents from regulatory agencies, and other members of the business community.
Ability to effectively present technical information to top management, public groups, and/or boards of directors.
Ability to work cooperatively and successfully with employees, customers, reinsurers, vendors and other outside third parties.

To apply please email: Mark Nicklas | 800 543-2553 Ext. 104
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