Associate Actuary, Annuity Pricing - and Annuity Solutions

Associate Actuary, Annuity Pricing - Life and Annuity Solutions

Join National Life Group as an Associate Actuary in our Life and Annuity Solutions team. National Life Group has been serving families since 1848, delivering stability and peace of mind.

The Associate Actuary will spearhead the development and upkeep of actuarial models, processes, and data platforms essential for calculating, analyzing, and reporting reserves and other financial statement items for life insurance products. This role adapts actuarial and data models for new products, regulatory demands, business expansions, and strategic projects, while collaborating across Corporate Actuarial, Finance, Product Development, Risk, and IT.

• Actuarial Model Development (40%)
  • Execute initiatives related to new product launches, regulatory updates, and strategic business advancements.
  • Direct the architecture, creation, evaluation, and deployment of sophisticated actuarial models.
• Support Services for Corporate Actuarial (10%)
  • Provide comprehensive support to Valuation and Modeling teams, covering model development, problem solving, regulatory compliance, and audit facilitation.
• Actuarial Valuation Stewardship (10%)
  • Supervise lifecycle of valuation models from conception to operational integration.
  • Refine valuation workflows, emphasizing simplification, uniformity, and automation.
  • Maintain actuarial change management and governance protocols.
• Strategic/Regulatory Initiatives (30%)
  • Consult and advise on actuarial and broader enterprise initiatives.
  • Translate strategic objectives into short‑term goals for Corporate Actuarial.
• Talent Development (10%)
  • Identify knowledge gaps and develop plans to strengthen team members’ expertise.
  • Lead specialized actuarial training sessions.

• FSA designation from the Society of Actuaries with at least 8 years of actuarial experience within the life insurance sector.
• At least 5 years of experience in actuarial modeling, valuation, and/or financial reporting.
• Mastery of actuarial modeling methodologies and standards.
• Proficiency in actuarial modeling software (e.g., Poly Systems, MG‑ALFA, GGY‑AXIS).
• Exceptional analytical acumen and advanced problem‑solving skills.
• Excellent written and verbal communication skills.

• MAAA designation preferred.
• Solid financial modeling experience using actuarial software, preferably MG‑ALFA.

Base pay range: $116,250 – $170,500 USD. Additional compensation may include a full range of medical, financial, and other benefits (401(k) eligibility, paid time off, etc.) and potential discretionary annual incentive programs.

Onsite work schedule: four days per week during onsite core days (Monday–Thursday). Core days and work schedule type are subject to change with advance notification and manager discretion.

National Life Group is accepting applications for this role on an ongoing basis. The role remains open until filled.