Obra Capital · 4 months ago
Head of Valuation
Indianapolis, IN
Full-time
Onsite
Director/Executive
7+ years expObra Capital is seeking a Head of Valuation to lead the actuarial valuation function. This role will oversee the development of financial valuations and ensure compliance with US Statutory accounting standards while potentially serving as the Appointed Actuary.
FinanceProperty & Casualty InsuranceAsset ManagementCreditFinancial ServicesInsurance
No H1B
Responsibilities
Lead the calculation and reporting of statutory reserves (including CARVM, VM-22, and relevant SSAPs) for a primary portfolio of annuities. Supplemental experience with Life and Health product valuation is preferred
Own the end-to-end experience study process; analyze mortality, lapse, and policyholder behavior to lead the annual assumption-setting process
Ensure all valuation processes adhere to NAIC Statutory Accounting Principles (SAP); experience with GAAP/PGAAP reporting is a plus
For qualified candidates, serve as the company’s Appointed Actuary, responsible for signing the Statement of Actuarial Opinion (SAO) and overseeing the Regulatory Asset Adequacy Issues Summary (RAAIS)
Act as the primary point of contact for internal and external auditors and state regulators regarding valuation methodologies and reserve adequacy
Serve as the steward for valuation models, ensuring robust controls, documentation, and validation protocols are maintained
Coordinate with the broader actuarial and accounting teams to ensure valuation results are accurately reflected in financial statements and management reporting
Qualification
Required
Bachelor's degree (BA/BS) in Actuarial Science, Mathematics, Statistics, or a related field
7+ years of actuarial experience, with a heavy emphasis on US Statutory valuation
Deep technical expertise in Annuities is required
Fellow of the Society of Actuaries (FSA) is required
Member of the American Academy of Actuaries (MAAA) is required
Must meet (or be on a clear path to meet) the Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States
Advanced proficiency in actuarial modeling software (e.g., GGY AXIS, Prophet, or MG-ALFA)
Strong data manipulation skills using Python, SQL, or VBA to automate reporting workflows
Proven track record in conducting experience analysis and translating results into actuarial assumptions
Recognized expert in US Statutory reserve requirements and actuarial standards of practice (ASOPs)
Ability to lead a team and influence senior stakeholders on valuation and risk matters
Exceptional ability to distill complex actuarial concepts for the Chief Actuary, CEO, and Board of Directors
Rigorous approach to model governance and financial accuracy
Preferred
Supplemental experience with Life and Health product valuation is preferred
Experience with GAAP/PGAAP reporting is a plus
Life and Health experience is highly preferred
Company
Obra Capital
Obra Capital is a financial company that provides credit, insurance, consulting, wealth, and asset management services.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
unknownKey Investors
Aquarian Holdings
2024-08-22Private Equity
2024-08-22Debt Financing
2023-10-16Secondary Market
Leadership Team
Blair Wallace
Chief Executive Officer
Recent News
GlobeNewswire
2026-06-24
Alternative Credit Investor
2026-06-04
2026-04-30
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