[Hiring] AVP, Annuity Valuation, AXIS Modeler @Constellation Insurance, Inc.

Role Description

The AVP, Annuity Valuation AXIS Modeler directs a small team and has a lead role in AXIS modeling for annuity product-related projects, with close interaction on life and disability insurance initiatives. Responsibilities include:

• Implementing regulatory changes (such as LDTI and VM22).
• Managing reinsurance and capital optimization projects for inforce, acquired blocks, and new products.
• Supporting valuation and reporting under multiple accounting bases.
• Driving improvements in actuarial modeling processes.
• Leading implementation of Long-Duration Targeted Improvements (LDTI), including methodology design, transition approach, data, testing, and audit support.
• Collaborating with cross-functional teams (Actuarial, Finance, IT) to gather requirements and implement modeling and reporting solutions for new treaties and products.
• Performing model validation, assumption testing, and financial analysis to ensure accuracy, compliance, and efficient runtime performance.
• Analyzing and interpreting model results, preparing financial reporting deliverables, and providing insights into profit drivers, earnings projections, and capital impacts.
• Providing support during audits and regulatory examinations, addressing inquiries and maintaining robust documentation.
• Developing, enhancing, and maintaining actuarial models in AXIS software to support valuation and reporting across US GAAP LDTI/GAAP and statutory frameworks.
• Staying informed of industry developments and evolving regulatory requirements internationally (US GAAP, IFRS17, local RBC frameworks) and integrating them into actuarial models and processes.
• Mentoring junior team members, leading project meetings, and providing training on AXIS modeling and actuarial reporting processes.

Travel domestically for quarterly company meetings. Reports to HQ at 1 Financial Way, Cincinnati, OH 45242 but may telecommute from anywhere.

Qualifications

• Bachelor's degree in actuarial science, mathematics, statistics, or related field.
• Fellow of the Society of Actuaries.
• Ten years of experience in actuarial roles, with specific experience in relevant modeling and project experience.
• Three years of experience with AXIS software, including building, validating, and maintaining models for pricing and valuation.
• Three or more years of experience with US GAAP reporting, including LDTI implementation.
• Three years of experience quantifying impacts and identifying trends.
• Two years of leadership experience, including managing teams and projects independently.
• Experience collaborating with cross-functional teams (Finance, IT, senior management) on actuarial and reporting initiatives.
• Excellent communication and influencing skills, with demonstrated experience presenting to senior management and driving decision-making.
• Hands-on experience with LDTI frameworks, including methodology, systems, and process enhancements.
• Prior involvement in audit engagement and preparation of supporting documentation for regulatory examinations.
• Demonstrated ability to drive process improvements and automation within actuarial modeling or reporting functions.

Requirements

• Travel domestically for quarterly company meetings.
• Reports to HQ at 1 Financial Way, Cincinnati, OH 45242 but may telecommute from anywhere.

Benefits

• Salary: $142,230+
• Apply online at https://myjobs.adp.com/constellationinsurancecareers/cx

Company Description

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