Sr. Actuary, Modeling

Overview

National Life Group invites applicants for the Sr. Actuary, Modeling role. As an American insurance company founded in 1848, the company supports families with stability and continues a tradition of philanthropic, sustainable and employee‑focused work culture.

The Model Validation Actuary reports to the Head of Modeling COE and oversees independent review, validation, and oversight of actuarial models across the enterprise. The role ensures integrity of modeling frameworks used in financial reporting, risk management, capital management, and business planning, and collaborates with modeling teams, risk management, and senior leadership to uphold model governance and validation standards.

• Lead and execute model validation initiatives, reviewing assumptions, methodologies, controls, and outputs across actuarial models.
• Provide independent challenge to models used in ALM, Asset Adequacy Testing, ORSA, Capital Forecasting, VNB, and other financial projections.
• Develop and maintain validation frameworks, testing procedures, and documentation standards per internal model governance policies and regulatory expectations.
• Analyze and interpret complex model results, documenting validation findings and communicating key risks and recommendations to senior leadership.
• Collaborate with modeling teams to address model issues, discrepancies, and enhancements identified during the validation process.
• Monitor and assess model changes over time to ensure continued appropriateness and performance of validated models.
• Support governance forums and contribute to reporting for model risk committees and other key stakeholders.

• 5+ years of experience in actuarial modeling, model validation, or related actuarial model governance roles, preferably in life insurance or reinsurance.
• Strong understanding of actuarial modeling platforms, risk frameworks, and financial reporting concepts.
• Familiarity with a wide range of actuarial models including liability projections, asset modeling, economic scenario generators, and capital models.
• Experience presenting findings and influencing senior stakeholders in actuarial, risk, finance, or audit functions.
• Proven ability to assess modeling assumptions, methodologies, and controls for appropriateness and reliability.
• Fellow or Associate of the Society of Actuaries (FSA or ASA).

• Experience with model risk management frameworks such as SR 11‑7 equivalent.

$135,000 – $198,000 USD per year.

Benefits start day one and are flexible and customizable to your specific needs. The total compensation package may include medical, financial, and discretionary annual incentive programs. Eligible employees will have access to 401(k), paid time off, parental leave, and other benefits.