Find Jobs
Find Jobs Near You – Available Work in Your Location
Skip to job details
SJ
Selby Jennings
Assistant Actuary - Annuity Statutory / PBR Valuation | Mount Vernon, OH, USA | Remote
Career Insights for Actuary
See where this job fits in the broader career landscape. Knowing your career path helps you see what's possible from here.
Scorecard
Based on national data
Review key factors to help you decide if this role fits your goals. How is this calculated?
What they do
An Actuary calculates the financial costs of risk and uncertainty. Uses findings from statistical analysis and mathematical modeling to help businesses and clients minimize the cost of risk and develop business and investment strategies. Uses actuarial analysis of the probability and cost of natural disasters or accidents to develop insurance policies.
$113,301 / year median in the U.S.
-3% projected decline
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.