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Mount Vernon, OH
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Assistant Actuary - Annuity Statutory / PBR Valuation | Mount Vernon, OH, USA | Remote
Pay: Not specified
Posted: 3 days ago
Location: Mount Vernon, OH (Remote)
Last Updated: 23 hours ago
Hours: Full-Time
Expires: 10/3/2026
Job Description
Our client is seeking an Assistant Actuary, Annuity Statutory / PBR Valuation to join their Corporate Actuarial team. This is an exciting opportunity to be part of a newly established VM-22 Principle-Based Reserving (PBR) function, supporting the valuation of a growing annuity portfolio while helping build valuation processes, infrastructure, and governance from the ground up. Key Responsibilities
Perform quarterly statutory and tax valuations for non-variable annuity products, including
VM-22 PBR
valuations.
Analyze reserve movements and explain key drivers of financial results.
Support VM-22 implementation, valuation model testing, and production readiness.
Contribute to assumption development and testing, including mortality, lapses, withdrawals, expenses, and crediting strategies.
Maintain valuation data governance, controls, and audit documentation.
Assist with VM-31 reporting, regulatory filings, audits, and examination requests.
Develop valuation tools, reporting enhancements, and management analytics.
Partner with Finance, Risk, Pricing, IT, Capital Management, and external consultants on strategic initiatives. Qualifications
Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field.
ASA required; FSA progression strongly preferred.
3-5+ years of annuity valuation experience.
Experience with VM-22 and/or VM-21 statutory valuation required.
Strong knowledge of PBR concepts, stochastic modeling, and reserve analysis.
Prophet experience preferred.
Proficiency in SQL required; Snowflake and Power BI are a plus.
Excellent analytical, communication, and technical documentation skills.