Senior Actuarial Analyst, GAAP​/Statutory Modeling & FPA

Come join one of America's fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures.

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

We foster a collaborative environment with opportunities for growth and encourage our associates to live our values:Do good. Be good. Make good.

Role Summary

The Sr. Analyst will model and analyze GAAP/Statutory financial results for life insurance products. This role entails adapting models for new products, sensitivity work, regulatory demands, business expansions, and strategic projects. This role will require an analytical, problem-solving mindset and the ability to dig into financial results and communicate findings to stakeholders. The Sr. Analyst will be expected to collaborate across Valuation, Finance, Product Development, Risk, and IT departments.

This role will report to the Actuary & Director of Financial Planning & Analysis and is a part of the Actuarial Development Program which provides exam support while working towards ASA/FSA.

Key Responsibilities

• Communicates efficiently and effectively, orally and in writing, with both internal and external audiences.
• Utilizes various software to forecast life insurance results under GAAP & Statutory frameworks
• Able to dig into and communicate discrepancies in results vs forecasts on a quarterly basis
• Solves complex problems as they arise
• Makes improvements to current processes

Core Work Days

This position is presently onsite/hybrid with the expectation that you are in the office four days per week with current campus days being Monday-Thursday (subject to change with advance notification and manager discretion).

Minimum Qualifications

• Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field
• Required passing of 3-5 Actuarial Exams
• 2-3 years of relevant experience
• Experience with actuarial modeling software (such as Poly Systems, MG-ALFA, GGY-AXIS)
• Strong communication skills
• Comprehensive understanding of actuarial valuation requirements and techniques
• Proven analytical prowess and problem-solving capabilities
• A proactive attitude towards continuous improvement and challenging established norms

Preferred Qualifications

• Experience with database tools like SQL, Data Bricks, Microsoft Access, etc.
• Working understanding of actuarial valuation requirements and techniques
• Working understanding of GAAP & Statutory financial frameworks
• Proven analytical prowess and problem-solving capabilities
• Excellent written and verbal communication skills

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!

Base Pay Range. The base pay range for this position is the range National Life reasonably and in good faith expects to pay for the position taking into account the wide variety of factors, including: prior experience and job-related knowledge; education, training and certificates; current business needs; and market factors. The final salary or hourly wages offered may be outside of this range based on other reasons and individual circumstances.

Additional Compensation and Benefits. The total compensation package for this position may also include a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. The successful candidate may also be eligible to participate in National Life's discretionary annual incentive programs, subject to the rules governing such programs.

If hired, the employee will be in an "at-will position" and National Life reserves the right to modify base salary…