Actuary - Annuities Valuation

Job Description Summary

The Staff Actuary will play a key role within the VA/RILA Reporting group, supporting IFRS
17 financial reporting and U.S.GAAP (LDTI) reporting post conversion. This role is responsible for executing complex actuarial and risk analyses for variable annuity and registered index linked annuity products. The position partners closely with actuarial, finance, investments, and risk management teams to ensure accurate, timely, and well-controlled financial reporting.

• Perform actuarial and risk analysis to support IFRS
  17 and U.S.GAAP reporting for VA/RILA products.
• Develop and analyze assumptions used in valuation, financial reporting, and risk management.
• Assess key risks (market, interest rate, credit, liquidity, and hedging) and their financial impacts.
• Support production, validation, and explanation of IFRS
  17 and GAAP financial results.
• Prepare actuarial reporting components, including reserves, financial reports, and supporting documentation.
• Partner with actuarial, finance, ALM, and investment teams to review models, results, and controls, and communicate insights to leadership.

• Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 5 years of relevant experience.
• In lieu of a Bachelor's, Master's in a listed discipline and 3 years of relevant experience.
• ASA or equivalent professional designation.
• Demonstrates high‑quality judgment, organization, and prioritization skills.
• Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences.
• Works well under pressure and within time constraints to accomplish individual and team objectives.
• Advanced computer skills.

• Direct experience with IFRS
  17 reporting, implementation, or ongoing production support.
• Strong knowledge of VA/RILA products, derivatives, and capital markets.
• Familiarity with U.S.GAAP (LDTI) reporting.
• Experience working in a controlled reporting environment (documentation, governance, audit).
• Programming or model‑development experience.

Hybrid office environment: 3 days in office (Tuesday‑Thursday) –Cedar Rapids, IA or Denver, CO. Relocation assistance will not be provided for this position.

The salary for this position generally ranges between $95,000–$120,000 annually. The position is typically eligible for an annual bonus of 12.5% based on the Company Bonus Plan/Individual Performance and at the Company’s discretion.

• Competitive pay and $12.5% annual bonus (subject to plan performance)
• 401(k) match, pension plan, and employee stock purchase plan
• Tuition reimbursement, employee discounts, and employee assistance program
• Disability, medical, dental, and vision insurance
• Paid time off starting at 160 hours annually; ten paid holidays per year
• Be Well wellness program (wellness coaching, reward dollars)
• Parental leave – fifteen (15) days of paid leave per calendar year (eligible after one year of service)
• Adoption assistance, back‑up care program, PTO for volunteer hours
• Employee matching gifts, employee resource groups, inclusion and diversity programs
• Employee recognition and referral bonus programs