AVP, Valuation Actuary

We are seeking a seasoned annuity valuation actuary to join our team. This role plays a critical part in ensuring the accuracy, consistency, and integrity of annuity valuation results, supporting financial reporting, regulatory compliance, and internal risk management. The AVP, Valuation Actuary will be a key technical contributor in production valuation processes, partnering closely with finance, and risk stakeholders while helping to strengthen controls, documentation, and valuation infrastructure as the company continues to grow. The AVP may also be responsible for managing 2 or more individual contributors at various levels of actuarial experience. This role reports to the VP, Valuation and is required to be onsite 3 days a week at our Durham, NC office.

Responsibilities

Perform and review Statutory and GAAP valuation for annuity products; Own end-to-end execution of valuation processes, including assumption governance, model execution, results validation, and documentation; Develop, maintain, and enhance actuarial models in GGY AXIS, supporting both BAU production and analytical initiatives; Partner closely with finance, risk, and modeling teams to explain reserve movements, emerging experience, and quarter-over-quarter results; Support regulatory and audit engagements, including preparation of exhibits, memoranda, and responses to inquiries; Contribute to the continued evolution of valuation infrastructure, controls, and automation as the business scales; Manage, and provide technical guidance and informal mentorship to junior actuarial staff; Be abreast, represent and further Aspida's views on upcoming regulations and accounting guidance by actively participating in ACLI and AAA working groups

Requirements

FSA designation with a strong foundation in life and annuity valuation; 10+ years of actuarial experience, with significant exposure to statutory and/or GAAP valuation; Strong understanding of U.S. Statutory and U.S. GAAP accounting frameworks; Solid understanding of PBR methodologies such as VM-20 or VM-21 or VM-22; Desire to be a "hands-on" modeler to help with process improvements, implement new and upcoming regulations, and strategic initiatives; Ability to mentor and train junior staff on U.S. Statutory and GAAP frameworks, GGY AXIS modeling, and connecting actuarial deliverables to broader business results and P&L; Ability to independently manage complex workstreams and deliver high-quality results under tight timelines; Clear communicator who can translate technical results into business-relevant insights; Detail-oriented, control-minded, and comfortable operating in a fast-growing, evolving environment; Ability to educate senior management on operational requirements and business impacts of upcoming regulations and accounting guidance

Nice to have

Understanding of Bermuda EBS framework; Expertise and experience with GGY AXIS, including hands-on model development, maintenance, and production runs for life insurance, annuity, or long-term care products

Benefits

Long-Term Incentive Plan; Full Benefits Package Available