Sr. Actuary – Annuity Modeling (REMOTE)

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Role Overview: 

We are seeking an experienced Sr. Actuary to join the NF Annuity Modeling Team. The role is responsible for multiple aspects of model development and maintenance supporting all major actuarial functions including valuation, forecasting, pricing, cash flow testing and risk management. The role is responsible for the development and maintenance of our Moody’s AXIS Annuity models in consultation with model users from the actuarial functions, as well as working closely with Moody’s to learn about and implement their latest developments into our environment. The role provides technical expertise to modeling approaches and methodologies and ensures integration of end-to-end model development, from data to output, and adherence to enterprise model risk standards. This is a leadership role that requires a high level of technical actuarial and modeling skills, as well as strong communication skills, necessary to lead the team through project implementation and execution in Moody’s AXIS.

Job Description

Reports To: Sr. Director

Key Responsibilities:

• Assist the Annuities Model Lead with setting the vision for the team and translating strategic priorities into operational reality; aligning communication, accountabilities, resource capabilities and internal processes to ensure that strategic priorities yield measurable and sustainable results

• Lead the team through implementation of new functionality, products or regulations in Moody’s AXIS across multiple lines of business

• Oversee the QE/YE production process for multiple applications and lines of business

• Assist actuarial internal customers with Moody’s AXIS modeling needs

• Work closely with Moody’s to learn about and implement their latest AXIS developments into our environment

• Partner with Data / Technology teams on requirements and controls for model inputs

• Ensure team’s adherence to model risk management standards, including documentation, testing frameworks, and governance artifacts

• Build cohesive presentations, communication strategies and recommendations of actuarial findings that are suitable for technical and non-technical audiences at the leadership level.

• Manage 3-4 actuarial associates

Required Leadership skills:

• Ability to connect associates to the enterprise vision and help them understand how we support the

• company’s overall success

• Comfort leading through ambiguity and regulatory change; ability to create structure and next steps for the team

• Passionate about leading by example, and acting as a coach to help associates discover insights on their own

• Coaching and development of associates, including feedback and identifying stretch opportunities

Preferred Education/Experience/Skills:

• Undergraduate degree in actuarial science, mathematics, statistics or similar background requiring modeling, programming or quantitative analysis highly preferred.

• At least 8 years of relevant actuarial experience, minimum 5 years of FSA level work

• At least 3 years experience managing a team

• Modeling expertise: Moody’s AXIS actuarial software

• Product knowledge: Variable or Indexed Annuity expertise

• Application knowledge: Proficient in Stat and GAAP Valuation and Forecasting, Pricing, Cash Flow Testing and Risk Management

• Technical skills: Proficient in Microsoft Office, SQL, Python

• Proficient level of organizational agility, influencing skills, strategic agility, inspiring others, and business perspectives.

• Mastery level of problem solving, customer focus, dealing with ambiguity, drive for results, analysis, learning.

Why you should strongly consider joining the NF Annuity Modeling Team:

• We invest in your growth. Your leaders will partner with you to identify opportunities to build both your technical and leadership skills.

• We make hybrid work seamless. Whether you are remote or in the office, you will be fully included in what is happening across the team.  This role can be staffed fully remote or hybrid.

• We have fun together. From online charades to taking on the leadership