Assistant Actuary- Annuity GAAP Valuation

Position Description:

Ameritas is currently searching for an Assistant Actuary-Annuity GAAP Valuation to join our team. This position contributes to the growth and financial stability of the organization through active collaboration within valuation and across functional areas. The incumbent is responsible for performing quarterly valuations of our annuity products on a GAAP basis, developing models that are used in financial reporting, and providing analysis of our financial statements.

At Ameritas, our mission is Fulfilling Life. We do that in many ways, but especially by helping people invest in themselves by offering trusted financial products and advice. Because we believe everyone should be happy, healthy and financially secure, we work hard to provide trusted financial products and valued guidance, including individual life and disability insurance, employee benefits, retirement planning, investments, and wealth management services.

Position Location:

• This role could be hybrid or remote based on proximity to an office location.   

What you do:

• Quarterly GAAP/LDTI valuation for Annuities and Retirement Plans.
• Develop LDTI reporting processes and create analytical tools to deliver greater management insights into financial results.
• Contribute to the regular development and maintenance of actuarial models in Prophet.
• Collaborate within the organization to provide valuation insights into product pricing, assumption setting, financial planning, and other initiatives.

• Ensure compliance with relevant regulations and standards in actuarial practices and reporting.
• Maintain accurate records and documentation of actuarial analyses, methodologies, and assumptions.

What you bring:

• Bachelor’s degree in actuarial science, mathematics, statistics, or equivalent experience.
• ASA (Associate, Society of Actuaries) designation required.
• Minimum 3-5 years valuation and/or pricing actuarial experience required, preferably with a focus on annuity products.
• Advanced knowledge of actuarial mathematics.
• Experience working on GAAP financials with preference for annuity LDTI experience, including DAC, LFPB, and MRB valuation.
• In-depth knowledge of financial and modeling software, FIS Prophet preferred.
• Experience with data management and analytic tools (SQL, PowerBI, or similar) preferred.
• Strong technical writing skills and effective verbal communication.
• Superior analytical, critical thinking and problem-solving skills and a desire to learn.

What we offer: 

A meaningful mission. Great benefits. A vibrant culture 

Ameritas is an insurance, financial services and employee benefits provider Our purpose is fulfilling life. It means helping all kinds of people, at every age and stage, get more out of life.

At Ameritas, you’ll find energizing work challenges. Flexible hybrid work options. Time for family and community. But dig deeper. Benefits at Ameritas cover things you expect -- and things you don’t: 

Ameritas Benefits

For your money: 

• 401(k) Retirement Plan with company match and quarterly contribution
• Tuition Reimbursement and Assistance 
• Incentive Program Bonuses 
• Competitive Pay 

For your time: 

• Flexible Hybrid work
• Thrive Days - Personal time off
• Paid time off (PTO)

For your health and well-being: 

• Health Benefits: Medical, Dental, Vision 
• Health Savings Account (HSA) with employer contribution
• Well-being programs with financial rewards
• Employee assistance program (EAP)

For your professional growth: 

• Professional development programs
• Leadership development programs
• Employee resource groups
• StrengthsFinder Program

      For your community:

• Matching donations program
• Paid volunteer time– 8 hours per month

For your family: 

• Generous paid maternity leave and paternity leave
• Fertility, surrogacy and adoption assistance
• Backup child, elder and pet care support

An Equal Opportunity Employer

Ameritas has a reputation as a company that cares, and because everyone should feel safe bringing their authentic, whole self to work, we’re committed to an inclusive culture and diverse workplace, enriched by our individual differences. We are an Equal Opportunity/Affirmative Action Employer that hires based on qualifications, positive attitude, and exemplary work ethic, regardless of sex, race, color, national origin, religion, age, disability, veteran status, genetic information, marital status, sexual orientation, gender identity or any other characteristic protected by law.