Actuary

Overview

About us:

Our client is more than a financial services provider—they are a team dedicated to empowering individuals on their journey toward a financially secure retirement. Founded in 2018 and backed by a leading investment firm with approximately $19.1 billion in assets under management as of May 31, 2024—they have rapidly grown to over $13 billion in consolidated assets as of June 30, 2024.

Their mission is rooted in simplicity and transparency. they offer straightforward annuity solutions and personalized service, allowing clients to make confident decisions about their financial futures. They have an “A” (Excellent) rating from A.M. Best, they provide the stability and trust their clients and employees can rely on.

Why Join

• Impactful Work: Contribute to a company that genuinely makes a difference in people’s lives by simplifying retirement planning and providing peace of mind.

• Growth and Innovation: Be part of a rapidly expanding organization that encourages innovation and values your ideas.

• Collaborative Environment: Work alongside a team of seasoned asset managers and financial experts who are committed to excellence and professional development.

• Commitment to Excellence: Join a company that prides itself on financial strength, competitive rates, and personalized solutions tailored to clients’ unique needs.

• Strong Partnerships: Engage with a broad network of over 16,000 agents, independent marketing organizations, banks, and broker-dealers.

They believe that their employees are our greatest asset. They are committed to fostering a supportive and dynamic work environment where you can thrive both personally and professionally.

Position:

Our client company provides reinsurance of asset intensive policies such as annuities, issued in the United States and Asia, and has a strong commitment to underwriting discipline and financial strength.

Reporting to the Chief Actuary, the Actuary will support a broad range of tasks including valuation, modeling, and reporting. The ideal candidate will have technical proficiency and the ability to navigate ambiguity and produce commercial results. This position will be based in Denver (Hybrid).

Key Responsibilities:

• Support the quarterly actuarial valuation and annual assumption setting process.

• Support the actuarial aspects of financial reporting, business planning projections as well as regulatory filings.

• Support the in-depth experience analysis on life and annuity decrements and policyholder behavior.

• Support interactions with external auditors and the external Approved Actuarial team.

• Implement the design and documentation of actuarial controls and critical actuarial risk governance policies.

• Other ad hoc projects and tasks as required.

Minimum Requirements, Skills & Experience:

• Bachelor’s degree in a quantitative discipline such as mathematics, statistics, actuarial science, etc.

• Associate of the Society of Actuaries or equivalent designation.

• 2 – 3 years’ post associateship actuarial experience with a strong preference for annuity reinsurance and asset modeling exposure.

• Experience with actuarial valuation software MG-ALFA and / or experience in programing and systems automation.

• Prior experience with key financial reporting, accounting, and solvency regimes, including Bermuda Monetary Authority and / or Cayman Islands Monetary Authority regulations and Solvency II, US GAAP, US Statutory, and US tax a plus.

• Previous experience in valuation of annuity products or blocks of policies a plus.

• Familiarity with fixed deferred annuities (FIA, MYGA).

• Able and willing to work on multiple projects and meet tight deadlines as needed.

Location:

• Position located in Denver CO (Hybrid: in office Tuesday – Thursday).

• Actuarial exam support.