Actuary - Modeling, Fixed Term

JOB SUMMARY

Please note that we do not offer visa sponsorship for this position.

Our Modeling Center of Excellence (MCOE) exists to give the organization timely, accurate, and well-understood modeled results across ALM, Asset Adequacy Testing, ORSA, Risk Based Capital, VNB/EV, and related initiatives. Meeting that mandate depends on more than the models themselves: it depends on a disciplined production process, a sound model development life cycle, consistent assumptions and methodology, strong controls, and the ability to turn complex output into insight the business can act on. The Actuary – Modeling will report to the Head of MCOE and serve as a senior individual contributor at the center of this operating model. Sitting where production, results analysis, and team capability meet, this role keeps the modeling engine running reliably each cycle, makes the results understandable to stakeholders across the company, raises the capability of the people around it, and offers an informed, independent view of how well the model development life cycle is working and where it can be improved.

KEY RESPONSIBILITIES

Production & Model Operations

• Own the production run for assigned areas end to end, delivering accurate, reconciled results on schedule each reporting cycle.
• Manage model inputs, assumptions, and run execution so the modeling calendar is met without surprises.

Results Analysis & Stakeholder Insight

• Dive deep into modeled output to validate results, explain period-over-period movements, and confirm reasonableness before results are finalized.
• Translate complex results into clear, plain-English insight for finance, risk, capital management, and senior leadership, tailoring the message to each audience.

Model Development Life Cycle & Continuous Improvement

• Review the current model development life cycle and provide an informed, independent perspective on its current state, reasonableness, and fitness for purpose.
• Identify and implement improvements to processes, controls, automation, and documentation that make production more reliable and less manual.

Capability & Mentorship

• Mentor and coach actuaries on the team, building their ability to understand the models, interpret results, and explain complex concepts in simple terms.
• Strengthen documentation, standards, and cross-training to capture knowledge and reduce key-person risk.

Controls, Governance & Partnership

• Operate within the MCOE's model risk and control framework, supporting audit and governance requirements and keeping methods and assumptions consistent across lines of business.
• Partner with data, technology, and downstream reporting teams to keep the operating model running smoothly and to support special projects and methodology enhancements.

JOB REQUIREMENTS

• 15+ years of progressive actuarial experience, with 10+ years specifically in an actuarial modeling–centric role
• Deep understanding of modeling frameworks and concepts including ORSA, CFT, ALM, EV/VNB, RBC, and VM20, and the impacts of reinsurance on each
• Experience owning periodic production and reporting cycles and operating within a model risk and control framework
• Strong communication skills, with a proven ability to translate complex technical results into clear, plain-English insight for both technical and non-technical stakeholders
• A track record of mentoring or coaching actuaries on technical concepts, interpretation of results, and process improvement
• Experience with open actuarial projection platforms (MG-ALFA preferred)
• Familiarity with reinsurance treaty structures and their modeling, including coinsurance, modco, funds-withheld, and YRT
• Working knowledge of GAAP and Statutory regulations for Life and Annuity products, with a preference for indexed products and reinsurance concepts
• Fellow or Associate of the Society of Actuaries (FSA or ASA)

Benefits

• Your benefits start day one and are flexible and customizable to your and your family's specific needs. Check out the BENEFITS of a Career at National Life!