Vice President & Chief Actuary

Woodmen Life Home Office, 1700 Farnam Street, Omaha, Nebraska, United States of America

Posted Tuesday, August 18, 2026 at 6:00 AM

Job Title :
Vice President & Chief Actuary

This is an in-office position located at the Woodmen Life Tower in downtown Omaha, NE

Woodmen Life is looking to hire a Vice President & Chief Actuary
to join our team! This role a ccurately communicates to management, the board of directors, and external entities, Woodmen Life’s financial condition vis‑a‑vis its balance sheet, operating performance, enterprise value, and other measures. Maintains compliance with state and federal regulations and with published actuarial guidelines and best practices. Assures equitable treatment and judicious outcomes for all member classes.

Woodmen Life is one of the best places to work in Omaha, with more than 135 years of service rooted in purpose and community. Since 1890, Woodmen Life has been dedicated to helping hardworking Americans secure their families’ financial futures and leave a lasting legacy. As a purpose‑driven, not‑for‑profit life insurance company, our commitment is to our members and the communities they call home.

We offer a comprehensive benefits package including health, dental, vision, 401(k), life insurance, and more.

Successful management of a professional staff to achieve the following outcomes:

• Own statutory reserve calculations across all product lines, including P  (VM-20/VM-21/VM-22) for life and annuities, and formulaic reserves for closed blocks. This includes the RBC calculations for C-3 Phase 1 and 2.
• Direct cash flow testing and asset adequacy analysis.
• Oversee reserve reporting for long-term care and closed health blocks, including annual assumption reviews and margin adequacy.
• Recommend reinsurance strategy and ensure accurate reinsurance administration
• Modeling and Actuarial Systems
  • Own the enterprise actuarial modeling platform including governance, controls, and change management
  • Direct recurring experience studies: mortality, lapse, premium persistency, expense, etc.
  • Chair the Assumption Governance Committee, ensuring alignment of assumptions across valuation, asset adequacy testing and enterprise value
  • Provide oversight to the management reporting tool of enterprise value
• Profitability Management
  • Provide focused leadership on closed blocks of business including strategy on rate increases and refunds
  • Partner with the Vice President, Chief Product Officer on refunds and non-guaranteed element determination for open blocks of business
• Regulatory, Compliance & External Relations
• Serve as primary actuarial liaison to the Nebraska Department of Insurance and other state regulators on exams and reserve inquiries.
• Ensure compliance with all applicable Actuarial Standards of Practice (ASOPs), Code of Professional Conduct, and NAIC model regulations.
• Manage relationships with external actuarial consultants and auditors.
• Represent Woodmen Life in industry organizations (Society of Actuaries, American Academy of Actuaries, ACLI, etc).

Provide overall divisional leadership by:

• Providing insights through participation on the President’s Leadership Team, Enterprise Risk Committee, Interest Rate Committee and other cross-functional committees
• Managing the staffing, performance and budget of the Actuarial Division
• Coordinating the Actuarial Education Program across the divisions that employ actuaries.

This job requires a background that demonstrates the following minimum knowledge, skills, talents and traits:

• Bachelors or higher degree in actuarial science, mathematics, or finance.
• Minimum of 15 years of relevant actuarial experience and 10 years of management experience preferred.
• Fellowship in the Society of Actuaries and Membership in the American Academy of Actuaries.
• Proven broad actuarial knowledge and experience with life and annuity products.
• Strong knowledge of statutory accounting principles and practices.
• Proven leadership skills.
• Strong analytical and problem solving skills and demonstrated ability to execute complex and difficult business decisions.
• Ability to multi-task and consistently meet aggressive deadlines.
• Excellent…