Associate Actuary, Life Valuation

<div class="content-intro"><p>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.</p>

<p>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.</p>

<p>We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: <strong>Do good. Be good. Make good.</strong></p></div><h2>Role Summary</h2>

<p><span class="TextRun SCXW110138225 BCX8" lang="EN-US" data-contrast="auto"><span class="NormalTextRun SCXW110138225 BCX8">The Associate Actuary will be responsible for calculating, analyzing, reporting, and explaining reserves and other actuarial financial statement items for </span><span class="NormalTextRun SCXW110138225 BCX8">the Indexed</span><span class="NormalTextRun SCXW110138225 BCX8"> Universal Life. The individual will monitor policyholder behavior and profitability of the business and will also provide actuarial support to recurring and special projects. The Associate Actuary is expected to have a detailed knowledge of statutory valuation requirements and advanced GAAP accounting issues for life insurance products.</span></span><span class="EOP SCXW110138225 BCX8" data-ccp-props="{"201341983":0,"335559685":360,"335559739":0,"335559740":240}"> </span></p>

<p><span data-ccp-props="{"201341983":0,"335559685":360,"335559739":0,"335559740":240}"><span class="TextRun SCXW18429593 BCX8" lang="EN-US" data-contrast="auto"><span class="NormalTextRun SCXW18429593 BCX8">This position currently offers an onsite work schedule, with the expectation that you </span><span class="NormalTextRun ContextualSpellingAndGrammarErrorV2Themed SCXW18429593 BCX8">are</span><span class="NormalTextRun SCXW18429593 BCX8"> in the office </span><span class="NormalTextRun SCXW18429593 BCX8">four (4)</span><span class="NormalTextRun SCXW18429593 BCX8"> days per </span><span class="NormalTextRun SCXW18429593 BCX8">week during</span><span class="NormalTextRun SCXW18429593 BCX8"> onsite core days</span><span class="NormalTextRun SCXW18429593 BCX8">.  </span><span class="NormalTextRun SCXW18429593 BCX8">Our current onsite core days are </span><span class="NormalTextRun SCXW18429593 BCX8">Monday, </span><span class="NormalTextRun SCXW18429593 BCX8">Tuesday, Wednesday, and Thursday</span><span class="NormalTextRun SCXW18429593 BCX8">.  </span><span class="NormalTextRun SCXW18429593 BCX8">The work schedule type and core days are subject to change with advance notification and manager discretion.</span></span><span class="EOP SCXW18429593 BCX8" data-ccp-props="{}"> </span></span></p>

<h2>Essential Duties and Responsibilities</h2>

<ul>

<li data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="1" data-aria-level="1"><span data-contrast="auto">Perform valuation on Life blocks with the focus on Principle-Based Reserves (PBR)</span></li>

<li data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="1" data-aria-level="1">Perform experience studies, recommend assumption updates, and quantify impacts for PBR business</li>

<li data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="1" data-aria-level="1">Conduct analysis of business trends and reserve movements</li>

<li data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="1" data-aria-level="1">Update annual PBR report and communicate with external auditors and regulators regarding the PBR model</li>

<li data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="1" data-aria-level="1">Support the production and oversight of reporting for reserves and other actuarial items – Statutory, GAAP, and Tax</li>

<li data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="1" data-aria-level="1">Familiar with GAAP accounting such as FAS97 and FAS133 and clearly communicate analysis to financial reporting stakeholders</li>

<li data-leveltext="" data-font="Symbol" data-listid="3" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="1" data-aria-level="1">Proactively share analysis and provide insight into our business with Pricing, FP&A, Inforce Management, Modeling Center of Excellence, and Tax areas</li>

</ul>

<h2>Minimum Qualifications</h2>

<ul>

<li data-leveltext="" data-font="Symbol" data-listid="6" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="2" data-aria-level="1"><span data-contrast="auto">FSA designation from the Society of Actuaries with a minimum 7 years of actuarial experience within the Life Insurance sector, or Career ASA with a minimum 10 years of experience within the Life Insurance sector</span></li>

<li data-leveltext="" data-font="Symbol" data-listid="6" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="2" data-aria-level="1">Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field</li>

<li data-leveltext="" data-font="Symbol" data-listid="6" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="2" data-aria-level="1">At least 5 years of actuarial experience within actuarial modeling or actuarial valuation & financial reporting</li>

<li data-leveltext="" data-font="Symbol" data-listid="6" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left","469777804":"","469777815":"hybridMultilevel"}" data-aria-posinset="2" data-aria-level="1">Proficiency in actuarial modeling software (such as PolySystems, MG-ALFA, GGY-AXIS)</li>

<li data-leveltext="" data-font="Symbol" data-listid="6" data-list-defn-props="{"335552541":1,"335559685":720,"335559991":360,"469769226":"Symbol","469769242":[8226],"469777803":"left&a