Actuarial Associate III – Individual Annuities

This is a fully remote position, open to applicants in Oregon.

📋 Description

• Utilizes knowledge of the functional area to conduct risk-based analyses that contribute to the development and enhancement of AXIS models and processes, supporting VM-22 valuation and communicating findings.

• Responsible for designing and implementing improvements to models, focusing on structure, assumptions, and optimizing runtime.

• Interprets and implements VM-22 to facilitate model governance, including change management, controls, and readiness for validation.

• Collaborates with valuation, pricing, FP&A, and investment management teams to ensure the consistency and usability of results.

• Evaluates model outputs to uncover drivers, limitations, and areas for enhancing model performance and scalability, including automation, workflow, and cloud integration where applicable.

• Keeps abreast of VM-22 regulatory developments and translates these into necessary model adjustments.

• Works closely with the core VM-22 team and other members of the actuarial community of practice.

⛳️ Requirements

• A Bachelor’s degree (or an equivalent combination of education and experience) in mathematics, actuarial science, business, or a related discipline is preferred.

• ASA designation is mandatory.

• A minimum of 3 years of experience, providing a well-rounded actuarial business perspective, is required.

• Previous modeling experience with GGY AXIS is essential.

• Practical experience with Individual annuities is required.

• Experience in Asset modeling and Asset Liability Management (ALM) is highly preferred.

• Experience in Projection and Valuation modeling (CFT, LDTI MRB, VM-20, or VM-21) is preferred.

• Strong analytical abilities, meticulous attention to detail, and the capability to manage and clarify reserve movements are essential.

🏝️ Benefits

• A comprehensive benefits package that includes medical, dental, vision, and a 401(k) plan with company matching contributions.

• An annual incentive bonus program.

• Generous paid time off, which includes 11 holidays, 2 wellness days, and 8 volunteer hours each year — PTO increases with tenure.

• A supportive and responsive management style with opportunities for career development and advancement.

• Paid parental leave along with adoption and surrogacy assistance.

• An employee giving program that offers double matching for donations to eligible nonprofits and educational institutions.