Chief Actuary; Life Insurance

Chief Actuary (Life Insurance)

We are seeking a self‑motivated, organized, adaptable and disciplined professional to join our Directors Investment Group (DIG) team as Chief Actuary. In this role you will provide executive leadership and strategic oversight of all actuarial functions for DIG and its subsidiaries, ensuring the accuracy of actuarial calculations, supporting financial reporting, analysing profitability, and contributing to strategic decision‑making.

• Compute, analyse, and manage statutory and tax reserves for life insurance and annuity products.
• Maintain and enhance actuarial models used for valuation and projections.
• Prepare monthly financial statement exhibits for actuarial items, ensuring accuracy and compliance with regulatory and internal standards.
• Lead or support the preparation of the Annual Statement actuarial components, including actuarial exhibits and supporting documentation.
• Prepare the actuarial memorandum and other regulatory filings, ensuring compliance with applicable state and NAIC requirements.
• Assist with year‑end audit support, including responding to auditor inquiries and providing required documentation.
• Design, price, and evaluate new life and annuity products, including modelling, assumption setting, and competitive analysis.
• Analyse product profitability and performance relative to pricing expectations, experience studies, and company targets.
• Conduct profitability analysis for distribution and marketing partners, including compensation structures, persistency, and experience trends.
• Collaborate with cross‑functional teams (Marketing, Finance, Operations, Compliance) to support product launches and ongoing product management.
• Perform analysis of death claims, including mortality experience studies, trend identification, and assumption recommendations.
• Conduct experience studies for lapse, expense, morbidity and other key actuarial assumptions.
• Recommend updates to actuarial assumptions based on emerging experience and industry trends.
• Build, maintain, and validate actuarial models using Slope Actuarial software (primary platform). Ensure model governance, documentation and controls are maintained in accordance with actuarial standards and internal policies.
• Utilise additional actuarial and analytical tools (SQL, R, Python, Excel) as needed.
• Support enterprise risk management activities, including stress testing, scenario analysis and ORSA‑related work.
• Assist with cashflow testing and asset adequacy analysis.
• Provide actuarial insights to support strategic initiatives, capital management and reinsurance transactions.
• Present actuarial findings to senior leadership, auditors, regulators and other stakeholders.
• Translate complex actuarial results into clear, actionable insights for non actuarial teams.
• Support internal committees and working groups related to product, financial reporting and risk.

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics or a related field.
• Progress toward ASA or FSA designation (or equivalent experience).
• Experience in life insurance actuarial work, including valuation, product development or financial reporting.
• Proficiency with Slope Actuarial software is strongly preferred; experience with other actuarial modelling platforms is a plus.
• Strong analytical, problem‑solving and communication skills.
• Ability to manage multiple priorities and meet deadlines in a fast‑paced environment.

Directors Investment Group is the parent corporation for Funeral Directors Life Insurance Company, Passare and Parkway Advisors. Based in Abilene, TX, DIG offers a unique corporate culture and a range of benefits, including employer‑paid health coverage, 401(k) matching, life insurance, on‑site clinic, fitness centre, fresh fruit and beverages, a corporate university and many personal growth opportunities. The company is committed to Christian principles of leadership through service, integrity, honesty and respect.

All employees are treated with respect and eligible for competitive compensation and benefits.

An Equal Opportunity Employer.