About

This newly opened Actuarial position will hold responsibility for reporting on reserves, Tax reserves, C3P2 RBC capital, and Cash Flow Testing for the Variable Annuity business. Primary Responsibilities: Responsible for timely and accurate reporting and presentation of the statutory financials. Support Cash Flow Testing (CFT), including quarterly analysis and year end CFT memo work. Responsible for explaining and documenting review of model and assumption changes on statutory and related internal risk metrics. Review work completed by external actuarial outsourcing partner and internal team members which includes working with Finance and Risk teams such as Assumptions and Controllership to gather various inputs, planning / assigning work to external outsourcing partner, review of work, preparation of analytics and presentation materials, investigation of atypical results, and enhancing analytics and attributions over time. Execution of controls under the NAIC Model Audit Rule. Liaising with internal and external auditors as part of financial audits. Contribute to ad-hoc projects by assisting with implementation of company related initiatives, such as model validation or methodology changes. Other duties may be assigned. Key Qualifications: Bachelors degree in Mathematics, Actuarial Science, Finance or related business discipline Completion of 5-6 actuarial exams; near ASA / ASA; 3-4+ years finance, insurance industry, or actuarial experience Strong computer skills: Excel, databases, actuarial projection/valuation software, programming (e.g. R, VBA, SQL) Solid understanding of insurance products, regulations, or insurance company structure from prior experience in roles such as pricing, modeling, valuation, risk management, inforce management, experience studies, hedging Detail oriented and strong analytical problem-solving skills to make informed decisions Leverages strong oral and written communication skills to readily and effectively collaborate with peers, managers, shares information and asks questions Ability to manage competing priorities and deadlines Strong desire to learn and grow; willing to rotate to other actuarial roles Please note: The use of AI tools (such as ChatGPT or similar platforms) during interviews is not permitted without the prior approval of Venerable, as the use of such tools may interfere with company confidentiality, misrepresent a candidate’s skills and experience or otherwise conflict with Venerable’s hiring policies. If you are selected for an interview and a reasonable accommodation is needed, please notify the Venerable Human Resources recruiter aligned to the open position in which you are interviewing for. #LI-DP1 Venerable Values: Every position at Venerable has responsibility for living out the company's values as described here: We are Courageous - We think critically, ask "why?" and seek out creative solutions. We are Curious - We take calculated risks, learn from out failures, and challenge traditional ways of thinking. We are Connected - We are connected to each other, our customers and our community. Competitive Compensation, Benefits, Current Hybrid Work Schedule and a Generous PTO Package! Introduce Yourself To Our Team Of Recruiters Are you interested in joining the Venerable team but don't see a job posting that aligns with your goals? Introduce yourself to our recruiters for consideration in future positions below. Would you like to be alerted if a new job is posted? Set a custom job alert that aligns with your career aspirations. Click on "Job Alerts" in the top right corner of this screen to get started. Not seeing it? You have to be signed in to your Candidate page. To do this click on "Sign In" in the top right corner of page. Founded in 2018, Venerable owns and manages legacy annuity business acquired from other entities. Created by an investor group led by affiliates of Apollo Global Management, LLC, Crestview Partners, Reverence Capital Partners, and Athene Holdings, Ltd. Venerable is a business with well-established, strategic investors, experienced in successfully building and growing insurance businesses with patient, long-term capital. We provide innovative risk transfer solutions to companies with variable annuity blocks who seek to rebuild a secure financial future. We will be the answer for companies focused on long term prosperity. Together, we are visionaries. We embrace change, overcome challenges and act like owners. We inspire, support and empower one another. We thrive on trust, decisiveness and transparency. We are committed to dismantling and eliminating systemic racism and invested in ensuring change is constantly evolving. As an organization, Venerable stands by our core values and consistently works to sustain an equitable environment where diverse perspectives and backgrounds are core to ensuring organizational success. Our Equity, Diversity, and Inclusion program involves colleagues from throughout our organization and is focused on five core topics to drive change - Education and Perspective Seeking, Training, Investments, Volunteerism, and Human Resource Practices. We are also proud members of CEO Action for Diversity & Inclusion, participants in supporting events in the communities in which we operate, and contributors to the Society of Black Actuaries and Federation of Iowa Insurers Race and Insurance working group.