Associate Actuary/Actuary, Capital Management

National Life · 2185 - 9182185

Pay: $121,875–$178,750/hr
Where: Addison, TX; Montpelier, VT
Posted: Mar 2

Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures.

Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard.

We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good. Be good.

What you'd do

Co-lead or support reinsurance and capital transactions with internal and external stakeholders. Optimizing pricing, capital and financial impacts, risk management and assist operations teams with closing efforts.
Quantify the impact of deals and capital actions across multiple frameworks (e.g., statutory, GAAP, economic capital, RBC).
Support the development of pricing analyses and scenario testing for prospective reinsurance or financing structures, including legal entity modeling, cash-flow projections, sensitivities, and stress tests.
Collaborate with MCOE, Finance, Pricing and related business areas to align modeling assumptions, capital methodologies, and reinsurance transaction structures.
Build and enhance actuarial models to assess capital usage, return on capital, and value creation for reinsurance transactions, M&A opportunities, and other capital or risk-transfer strategies.
Prepare presentation materials and clearly communicate findings, recommendations, and key risks to senior management.
Assist in identifying opportunities to improve capital efficiency through reinsurance, capital market solutions, or balance-sheet optimization.
Stay current on emerging capital methodologies, regulatory changes, and actuarial modeling best practices.

What they want

Career Associate of the Society of Actuaries (ASA) or Fellow of the Society of Actuaries (FSA) required.
6+ years of experience in actuarial modeling, corporate development, reinsurance or related actuarial roles, preferably within a life insurance or reinsurance company.
Proficiency with actuarial projection systems (e.g., MG-ALFA) and strong Excel/Databricks skills.
Ability to interpret complex financial models, reconcile results, and explain key drivers to technical and non-technical stakeholders.
Familiarity with a wide range of actuarial models, including liability projections, asset modeling, and capital models. Assess modeling assumptions, methodologies, and controls for appropriateness and reliability.
Experience presenting findings and influencing senior stakeholders in actuarial, finance, or investment functions.
Detail-oriented, deadline-driven, and able to manage multiple priorities in a fast-paced environment.
Demonstrated ability or willingness to adopt and apply emerging technologies, including generative AI and automation tools, to improve reporting efficiency, effectiveness, and control quality.
Leverage approved AI tools, where appropriate, to improve the efficiency, quality, and impact of their work.
Stay curious and open to new AI-enabled ways of working.

What you get

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!