Sr. Actuary – Modeling

Sr. Actuary – Modeling

Company Summary

Come join one of America’s fastest growing insurance companies with a stable history of 175 years. At National Life Group (“NLG”), we offer a flexible work environment with opportunity for growth. As a mission-driven business, our promises are as important as the products we sell. We encourage our associates to live our values: Do Good. Be Good. Make Good.

Our mission extends beyond the insurance and annuities policies that we sell. Our cause is also to make the world a better place through grants from our charitable foundation, paid time for our employees to volunteer, environmentally sustainable and healthy work sites, and events that promote the work of nonprofits in our own backyard.

We invite you to explore what we have to offer and to join our cause.

Role Summary

The Senior Actuary – Modeling will report directly to the Head of Modeling COE and will be accountable for executing the strategic vision and operational excellence of our modeling initiatives. This role will provide thought leadership and mentorship to the team, interfacing with senior management and external stakeholders to deliver robust and innovative modeling solutions across key areas including ALM, Asset Adequacy Testing, ORSA, Risk Based Capital, VNB, as well as various special project initiatives.

Essential Duties and Responsibilities

• Work with a team of highly skilled modeling actuaries to ensure robust modeled balance sheet integrity and deep understanding of actuarial modeled results
• Analyze and interpret complex modeling results, providing actionable insights to senior leadership.
• Establish, review, and continuously improve best practices for model development, production, and validation.
• Mentor and develop the MCOE team through targeted training programs and development initiatives, elevating overall modeling proficiency.
• Partner and maintain strong relationships with key stakeholders to meet increasing business needs.
• Support special projects and implementation of sound modeling methodologies and solutions.
• Support production actuaries and help resolve issues and drive ongoing continuous improvements.

• Help ensure compliance and consistency in methods across all lines of business.

• Help develop deeper analytics across all lines of business.
• Assist with new product implementation and ongoing validation work.

Minimum Qualifications

• FSA or career ASA required
• Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field
• 10+ years of actuarial modeling experience with deep understanding of advanced modeling techniques, risk management, and regulatory frameworks.
• 3+ years of influencing senior management/critical stakeholders experience.
• Expert level knowledge of GAAP and Statutory regulations for Life and Annuity products with a preference for indexed products and reinsurance concepts.
• Proven history of modeling enterprise balance sheets, including both assets and liabilities, under various economic scenarios.
• Demonstrated ability to lead cross-functional teams and mentor less experienced professionals.
• Strong communication skills with the ability to translate technical details into strategic business insights for senior management.
• Exceptional problem-solving skills and the ability to think strategically about the integration of modeling processes across the organization.
• Must have a proficiency in Microsoft Office Suite (Word, Excel, Outlook)

 

Preferred Qualifications

• Prior experience with Economic Scenario Generation preferred
• Ability to work effectively with team members in different geographic locations

 

Benefits

• Your benefits start day one and are flexible and customizable to your and your family’s specific needs. Check out the BENEFITS of a Career at National Life!

 

The base compensation range represents the low and high end of the range for this position. Actual compensation will vary and may be above or below the range based on various factors including but not limited to qualifications, skills, competencies, location, and experience. The range listed is just one component of our total compensation package for employees. Other rewards may include an annual bonus, quarterly bonuses, commissions, and other long-term incentive compensation, depending on the position.  National Life offers a competitive total rewards package which includes