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.

In addition, this role supports assumption development, model governance, and financial reporting deliverables aligned with enterprise risk management objectives.

• 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, will accept a 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 effectively 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 preferred

• 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. Salary may vary above and below the stated amounts, as permitted by applicable law. Additionally, this position is typically eligible for an Annual Bonus of 12.5% based on the Company Bonus Plan/Individual Performance and is at the Company’s discretion.

• Competitive Pay
• Bonus for Eligible Employees

• Pension Plan
• 401k Match
• Employee Stock Purchase Plan
• Tuition Reimbursement
• Disability Insurance
• Medical Insurance
• Dental Insurance
• Vision Insurance
• Employee Discounts Career Training & Development Opportunities

• Paid Time Off starting at 160 hours annually for employees in their first year of service.
• Ten paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).
• Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars
• Parental Leave – fifteen days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.
• Adoption Assistance
• Employee Assistance Program
• Back‑Up Care Program
• PTO for Volunteer Hours
• Employee Matching Gifts Program
• Employee Resource Groups
• Inclusion and Diversity Programs
• Employee Recognition Program
• Referral Bonus Programs