Job Description
Acturion is seeking a visionary Chief Actuary to lead all actuarial functions and build the actuarial infrastructure from the ground up for its rapidly growing life and annuity insurance platform. This is a hands-on leadership role for an entrepreneurial actuary who thrives in dynamic environments, enjoys creating processes from scratch, and is motivated by the opportunity to shape the direction of a high-growth business.
This role oversees pricing, valuation, modeling, ALM support, financial reporting, reinsurance analysis, and the development of a high-performing actuarial team.
Key ResponsibilitiesStrategic Leadership & Team Building
- Establish and lead the actuarial function for the company, building the frameworks, governance, and processes required for a modern life & annuity insurer/reinsurer.
- Recruit, mentor, and develop an actuarial team spanning pricing, valuation, modeling, risk, and reporting.
- Serve as a strategic partner to the CEO, CFO, CRO, Head of Reinsurance, and Head of Distribution.
- Bring an entrepreneurial mindset to improve efficiency, adopt modern modeling tools, and create scalable processes.
Pricing & Product Development
- Lead pricing for all life & annuity products, including MYGA, FIA, fixed-rate annuities, term life, and preneed/other life products.
- Conduct profitability testing, experience studies, sensitivity analysis, and competitive reviews.
- Partner closely with distribution and product teams to design products that align with market needs and company risk appetite.
- Develop pricing governance, documentation, and approval frameworks.
Valuation, Reserving & Financial Reporting
- Oversee statutory, GAAP, and tax valuation for life and annuity blocks.
- Lead adoption and ongoing compliance with LDTI and principle-based reserving (PBR).
- Ensure high-quality actuarial exhibits for quarterly and annual statements, audit support, and regulatory filings.
- Provide actuarial analysis for rating agencies, regulators, and internal stakeholders.
Modeling & Projections
- Build and maintain actuarial projection and valuation models.
- Lead cash flow testing, scenario analysis, stress testing, and capital projections.
- Support asset-liability management and investment strategy with actuarial insights.
Reinsurance & Capital Management
- Analyze and structure reinsurance treaties (flow and block).
- Support negotiations on ceding commission, collateral, capital relief, and treaty terms.
- Model the impact of each reinsurance transaction on earnings, reserves, capital, and liquidity.
- Work closely with the investment and capital teams on surplus notes, RBC strategy, and capital allocation.
Risk Management & Governance
- Develop and maintain actuarial policies, controls, and documentation aligned with regulatory expectations.
- Support enterprise risk management, including assumptions governance, mortality/lapse studies, and risk appetite frameworks.
- Provide actuarial input for ORSA, ALM, economic capital, and scenario testing.
Regulatory, Rating Agency & External Stakeholder Interaction
- Serve as the actuarial lead in discussions with state insurance departments, auditors, reinsurers, and rating agencies.
- Prepare actuarial materials for AM Best, including capital models, stress scenarios, and business plan support.
Qualifications
- FSA designation (or near-FSA with significant experience).
- Significant experience in life & annuity pricing, valuation, and/or reinsurance.
- Proven ability to build or modernize actuarial teams and processes.
- Strong modeling experience (AXIS preferred, but other platforms welcome).
- Ability to operate hands-on while also thinking strategically and building scalable structures.
- Entrepreneurial mindset with comfort in fast-moving, evolving environments.
- Clear communication skills and ability to explain complex actuarial concepts to non-actuaries.
What We Offer
- Opportunity to build the actuarial function of a growing life & annuity platform from the ground up.
- High-impact role working directly with executive leadership.
- Ability to shape product strategy, reinsurance partnerships, modeling infrastructure, and long-term capital planning.
- Competitive compensation package with long-term performance incentives.
If you’re a forward-thinking actuarial leader ready to build, innovate, and influence the future of a growing life & annuity business, we would like to connect.