Acturion Group ยท 1 month ago
Chief Actuary
Acturion Group is seeking a visionary Chief Actuary to lead all actuarial functions and build the actuarial infrastructure for its rapidly growing life and annuity insurance platform. This hands-on leadership role involves overseeing pricing, valuation, modeling, and financial reporting while developing a high-performing actuarial team.
Financial Services
Responsibilities
Establish and lead the actuarial function for the company, building the frameworks, governance, and processes required for a modern life & annuity insurer/reinsurer
Recruit, mentor, and develop an actuarial team spanning pricing, valuation, modeling, risk, and reporting
Serve as a strategic partner to the CEO, CFO, CRO, Head of Reinsurance, and Head of Distribution
Bring an entrepreneurial mindset to improve efficiency, adopt modern modeling tools, and create scalable processes
Lead pricing for all life & annuity products, including MYGA, FIA, fixed-rate annuities, term life, and preneed/other life products
Conduct profitability testing, experience studies, sensitivity analysis, and competitive reviews
Partner closely with distribution and product teams to design products that align with market needs and company risk appetite
Develop pricing governance, documentation, and approval frameworks
Oversee statutory, GAAP, and tax valuation for life and annuity blocks
Lead adoption and ongoing compliance with LDTI and principle-based reserving (PBR)
Ensure high-quality actuarial exhibits for quarterly and annual statements, audit support, and regulatory filings
Provide actuarial analysis for rating agencies, regulators, and internal stakeholders
Build and maintain actuarial projection and valuation models
Lead cash flow testing, scenario analysis, stress testing, and capital projections
Support asset-liability management and investment strategy with actuarial insights
Analyze and structure reinsurance treaties (flow and block)
Support negotiations on ceding commission, collateral, capital relief, and treaty terms
Model the impact of each reinsurance transaction on earnings, reserves, capital, and liquidity
Work closely with the investment and capital teams on surplus notes, RBC strategy, and capital allocation
Develop and maintain actuarial policies, controls, and documentation aligned with regulatory expectations
Support enterprise risk management, including assumptions governance, mortality/lapse studies, and risk appetite frameworks
Provide actuarial input for ORSA, ALM, economic capital, and scenario testing
Serve as the actuarial lead in discussions with state insurance departments, auditors, reinsurers, and rating agencies
Prepare actuarial materials for AM Best, including capital models, stress scenarios, and business plan support
Qualification
Required
FSA designation (or near-FSA with significant experience)
Significant experience in life & annuity pricing, valuation, and/or reinsurance
Proven ability to build or modernize actuarial teams and processes
Strong modeling experience (AXIS preferred, but other platforms welcome)
Ability to operate hands-on while also thinking strategically and building scalable structures
Entrepreneurial mindset with comfort in fast-moving, evolving environments
Clear communication skills and ability to explain complex actuarial concepts to non-actuaries
Benefits
Competitive compensation package with long-term performance incentives.
Company
Acturion Group
Funding
Current Stage
Early StageCompany data provided by crunchbase