Actuary - Individual Annuities

Overview

This role supports the financial reporting and analysis work for the Individual Annuities division, including FP&A, valuation, reserve analytics, hedging, reinsurance, and business performance.

You will help produce, analyze, and communicate financial results and projections for MYGA and FIA businesses, partnering closely with pricing, modeling, ALM, and finance teams. This is a high-impact individual contributor role with near-term leadership opportunities.

Responsibilities

• Own execution and enhancement of reporting, valuation, earnings analysis, FP&A, and hedging; communicate results to senior management.
• Design and implement reporting support for functions such as VM22, reinsurance, and business integration.
• Analyze GAAP, statutory, and management reporting results, including reserves, earnings, and capital movements.
• Enhance the governance model, including change management, internal controls, and offshore partner review.
• Partner with pricing, modeling, and corporate actuarial to ensure consistency in understanding stakeholder needs and effective/aligned storytelling.
• Analyze results to identify drivers, limitations, and opportunities for improvement.
• Develop and improve analytical tools, reporting processes, and speed/clarity of processes and capabilities.
• Provide mentorship and project leadership to onshore and offshore team members related to core team responsibilities.

Requirements

• Bachelor’s degree (or equivalent combination of education and experience) in mathematics, actuarial science, business, or a related field (preferred).
• ASA required / FSA preferred.
• Prior hands-on experience sufficient to have gained a seasoned actuarial business perspective in the Individual Annuities space (5+ years preferred).
• Modeling experience including change management, internal controls, and review.
• FP&A and FIA financial reporting experience (preferred).
• Experience with GGY AXIS & Python (preferred).

Preferred Qualifications

• Demonstrated ability to translate analytical insights into clear communication for senior stakeholders.
• Strong analytical skills and attention to detail, with the ability to own and explain reserve movements.

Role Level & Compensation

Note: This role may be filled at either of the levels below based on applicable experience and career path.

Associate Actuary III

• Applies understanding of both functional area and company risk profiles to complete risk-based analysis.
• Seeks out industry and professional information to enhance risk management acumen.
• Salary Range: $94,500.00 - $138,500.00

Actuary

• Demonstrates expertise in the company’s risk profile, risk appetite, and risk management practices.
• Obtains foundational understanding of industry risk management practices.
• Utilizes company and industry practices to complete risk-based analysis and propose appropriate risk-based opportunities.
• Salary Range: $131,750.00 - $192,500.00

Compensation & Benefits

• Annual incentive bonus plan.
• Benefits package including medical, dental, vision, and a 401(k) plan with matching company contributions.
• Generous paid time off: 11 holidays, 2 wellness days, and 8 volunteer hours annually (PTO increases with tenure).
• Paid parental leave and adoption/surrogacy assistance.
• Employee giving program that double matches donations to eligible nonprofits and schools.
• Salary Range (posted): $131,750.00 - $192,500.00

Actual compensation will be based on a combination of education and experience, knowledge and skills, position budget, internal equity, and market data.

Eligibility to participate in an incentive program is subject to the rules governing the program and plan; any award depends on individual and organizational performance.

Additional Employment Information

• Positions will be posted for at least 5 days from original posting date.
• Background checks, education and licensing verification are required as a condition of employment.
• All employees must be bondable.
• Affirmative Action/Equal Opportunity employer. All qualified applicants will receive consideration without regard to race, religion, color, sex, national origin, gender identity, sexual orientation, age, disability, or veteran status (or any other condition protected by federal, state, or local law).
• The organization will consider qualified applicants with arrest and conviction records pursuant to the San Francisco Fair Chance Ordinance where applicable.
• A drug- and alcohol-free work environment is required; illegal substances are prohibited while on property or in other cases that may affect operations, safety, or reputation.
• After a conditional offer, the background check includes an individualized assessment based on the applicant’s specific record and the duties and requirements of the role; applicants will be given an opportunity to explain and correct background information.