About the Role
We are seeking an Actuarial Manager, Model Development, to join our Actuarial Modeling team in a fast-paced, high-growth environment. This role supports all phases of the actuarial model development lifecycle, delivering high-quality models for financial reporting, planning, and strategic initiatives. The ideal candidate is a technically strong actuary who enjoys solving complex problems, enhancing modeling capabilities, and modernizing actuarial infrastructure, playing a key role in advancing actuarial architecture and improving modeling processes.
Responsibilities
- Maintain and enhance actuarial models supporting Statutory reporting, including Cash Flow Testing and Principle-Based Reserves (PBR)
- Support models used for Embedded Value, Business Planning, and U.S. GAAP reporting under LDTI
- Ensure models are accurate, reliable, and aligned with business and reporting objectives
- Streamline and automate legacy model input and output processes to improve efficiency and controls
- Develop and implement modeling standards, governance practices, and documentation
- Enhance the overall user experience and effectiveness of actuarial modeling tools
- Execute initiatives supporting the company's future-state modeling platform strategy
- Lead and support model conversion efforts as part of ongoing actuarial modernization initiatives
- Contribute to projects focused on improving actuarial architecture, scalability, and operational effectiveness
- Support strategic initiatives including in-force management analysis, actuarial due diligence, regulatory field testing, and model validation
- Partner with stakeholders to provide modeling insights that inform business and actuarial decision-making
- Translate technical analyses into actionable recommendations for broader audiences
Requirements
- Associate of the Society of Actuaries (ASA)
- 5+ years of actuarial experience in modeling, valuation, or a related actuarial discipline
- Strong analytical and problem-solving capabilities
- Excellent communication and business partnering skills
- Ability to balance technical execution with strategic thinking
- Proven ability to independently manage projects and deliver results
Skills
- MG-ALFA or similar asset-liability cash flow modeling platforms
- Asset modeling concepts
- U.S. Statutory accounting, including PBR
- U.S. GAAP accounting, including LDTI
- Life and annuity products
- SQL
- R
- Python
- Actuarial Modeling & Valuation Expertise
- Model Development & Architecture
- Process Improvement & Automation
- Strategic Problem Solving
- Cross-Functional Collaboration & Communication
- Ownership & Execution Excellence
Location
- NYC area
Work Type
- Hybrid
- Remote
Experience Level
- 5+ years of actuarial experience
Education Level
- Associate of the Society of Actuaries (ASA)
Benefits
- Comprehensive medical, dental, and vision coverage
- HSA and 401(k) company match
- Paid time off
- Employer-paid life and disability insurance
About the Company
- A fast-growing, privately held insurance company on a path to becoming a leading U.S. retail platform.
- Redefining how great talent connects with meaningful work, enabling an ambitious strategy while building a culture of high performance, creativity, and partnership.
- Offers the opportunity to help modernize actuarial capabilities while shaping the future modeling infrastructure of a growing life and annuity organization.
Equal Opportunity
- Committed to equal employment opportunity and encourage people from all backgrounds to apply.
- Make hiring decisions based on merit and do not discriminate on the basis of race, religion, color, national origin, gender identity, sexual orientation, age, disability, or any other protected status.
- Strive for a meaningful interview experience for all candidates.
- If you need an adjustment or accommodation due to a disability or medical condition during the hiring process, please let your recruiter know.
