Venerable · 3 days ago
Associate Actuary -- Assumptions
Greater Philadelphia
Full-time
Onsite
Mid, Senior Level
5+ years expVenerable is a company focused on variable annuity assumptions used to model mortality and policyholder behavior. The Associate Actuary will monitor experience trends, recommend assumption updates, and present these recommendations to senior leadership, while also playing a key role in transforming the assumption setting processes.
Financial Services
Responsibilities
Interpret trends in experience data and propose assumption recommendations with rationale
Review experience study data for accuracy and completeness and implement additional controls as necessary
Drive for accuracy, consistency, and improvements within various experience studies
Ensure that any changes to experience study processes, particularly those in spreadsheets, are incorporated appropriately as transparent and repeatable processes with controls
Develop and present decks and detailed memorandums seeking assumption proposal approval from senior management
Contribute to the timely and accurate reporting of mortality and policyholder behavior experience
Perform quarterly data reconciliation of experience studies data to other data sources
Maintain updated documentation on all processes
Collaborate with the modeling team to implement recommended assumptions into models
Support structural, design and process improvements to experience studies through partnering with IT and outside vendors on prioritized transformation projects
Provide support for internal and external audits, including walkthroughs and responses to questions from auditors
Interact and collaborate with highly skilled staff both internally (e.g., IT, Valuation, Finance) and externally (e.g., modeling outsourcing partner)
Support future transactions by performing various analyses related to experience studies
Qualification
Required
Bachelor's degree in Mathematics, Actuarial Science, Finance or related business discipline
ASA, Career ASA or newly credentialed FSA
5-6+ years financial, insurance industry, or actuarial experience
Excellent computer skills are required: Advanced knowledge of Microsoft Excel, proficient in SQL Server, Microsoft PowerBI, R, or Python, experience with Microsoft PowerPoint is a plus
Strong analytical skills or advanced knowledge of actuarial concepts; ability to use this knowledge to lead/develop solutions to adhoc requests or issues
Solid understanding of insurance products, regulations, or insurance company structure from prior experience
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
Experience with improving and optimizing processes and reflecting appropriate controls
Ability to work in a cross-functional team environment
Preferred
Prior experience with variable annuity products preferred
Company
Venerable
Venerable is a privately held company with business operations based in West Chester, Pennsylvania and Des Moines, Iowa.
201-500 employees
H1B Sponsorship
Venerable has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (14)
2024 (16)
2023 (14)
2022 (15)
2021 (15)
2020 (3)
Funding
Current Stage
Growth StageTotal Funding
unknown2017-12-01Acquired
Leadership Team
Alexandra Findleton
Vice President, Head of Flow Reinsurance
Ron Tanner
Vice President and Deputy General Counsel
Recent News
2026-01-05
Business Wire
2025-12-03
Company data provided by crunchbase