About the Role:We're looking for an Actuarial Manager, Model Development, to join our Actuarial Modeling team in a fast-paced, high-growth environment. In this role, you'll be responsible for supporting all phases of the actuarial model development lifecycle, helping deliver high-quality models that support critical financial reporting, planning, and strategic initiatives across the organization.
The ideal candidate is a technically strong actuary who enjoys solving complex problems, enhancing modeling capabilities, and modernizing actuarial infrastructure. You will play a key role in advancing Prosperity Life's actuarial architecture while helping improve the efficiency, scalability, and governance of end-to-end modeling processes.
What You'll Do:Actuarial Modeling & Financial Reporting- Maintain and enhance actuarial models supporting Statutory reporting, including Cash Flow Testing and Principle-Based Reserves (PBR)
- Support models used for Embedded Value, Business Planning, and U.S. GAAP reporting under LDTI
- Ensure models are accurate, reliable, and aligned with business and reporting objectives
Modeling Infrastructure & Process Improvement- Streamline and automate legacy model input and output processes to improve efficiency and controls
- Develop and implement modeling standards, governance practices, and documentation
- Enhance the overall user experience and effectiveness of actuarial modeling tools
Strategic Initiatives & Modernization- Execute initiatives supporting Prosperity Life's future-state modeling platform strategy
- Lead and support model conversion efforts as part of ongoing actuarial modernization initiatives
- Contribute to projects focused on improving actuarial architecture, scalability, and operational effectiveness
Analytics & Special Projects- Support strategic initiatives including in-force management analysis, actuarial due diligence, regulatory field testing, and model validation
- Partner with stakeholders to provide modeling insights that inform business and actuarial decision-making
- Translate technical analyses into actionable recommendations for broader audiences
What You Bring:Required- Associate of the Society of Actuaries (ASA)
- 5+ years of actuarial experience in modeling, valuation, or a related actuarial discipline
- Strong analytical and problem-solving capabilities
- Excellent communication and business partnering skills
- Ability to balance technical execution with strategic thinking
- Proven ability to independently manage projects and deliver results
Preferred- Experience with MG-ALFA or similar asset-liability cash flow modeling platforms
- Familiarity with asset modeling concepts
- Experience with U.S. Statutory accounting, including PBR
- Experience with U.S. GAAP accounting, including LDTI
- Knowledge of life and annuity products
- Technical proficiency in SQL, R, and/or Python
Core Competencies:- Actuarial Modeling & Valuation Expertise: Applies deep actuarial modeling knowledge to support financial reporting, planning, and business decision-making across life and annuity products.
- Model Development & Architecture: Leads the enhancement, modernization, and governance of actuarial models and supporting infrastructure.
- Process Improvement & Automation: Identifies opportunities to streamline workflows, improve controls, and enhance efficiency through automation and tool development.
- Strategic Problem Solving: Connects technical details to broader business objectives and develops practical solutions to complex actuarial challenges.
- Cross-Functional Collaboration & Communication: Effectively partners with actuarial and business stakeholders and translates technical concepts into clear, actionable insights.
- Ownership & Execution Excellence: Demonstrates initiative, accountability, and the ability to independently drive projects in a dynamic, high-growth environment.
What We Offer:- A collaborative, inclusive environment that values authenticity, accountability, and partnership
- The opportunity to join the company at an exciting stage of growth, where colleagues are empowered to build what's next
- A competitive benefits package including comprehensive medical, dental, and vision coverage; an HSA and 401(k) company match; paid time off; and employer-paid life and disability insurance
- Hybrid work arrangement based in the NYC area; remote work arrangements will be considered
