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Constellation Insurance, Inc. logo
Constellation Insurance, Inc.

THIS NOTICE IS BEING POSTED IN CONNECTION WITH THE FILING OF AN APPLICATION FOR PERMANENT ALIEN LABOR CERTIFICATION. ANY PERSON MAY PROVIDE DOCUMENTARY EVIDENCE BEARING ON THE APPLICATION TO THE REGIONAL CERTIFYING OFFICER OF THE U.S. Department of Labor, EMPLOYMENT AND TRAINING ADMINISTRATION, OFFICE OF FOREIGN LABOR CERTIFICATION, 200 CONSTITUTION AVENUE NW, ROOM N-5311, WASHINGTON, DC 20210.

AVP, Annuity Valuation, AXIS Modeler

Location

Worldwide

Posted

79 days ago

Salary

$142.2K / year

Seniority

Mid Level

No structured requirement data.

Job Description

AVP, Annuity Valuation, AXIS Modeler

Constellation Insurance, Inc.

Role Description The AVP, Annuity Valuation AXIS Modeler directs a small team and has a lead role in AXIS modeling for annuity product-related projects, with close interaction on life and disability insurance initiatives. Responsibilities include: - Implementing regulatory changes (such as LDTI and VM22). - Managing reinsurance and capital optimization projects for inforce, acquired blocks, and new products. - Supporting valuation and reporting under multiple accounting bases. - Driving improvements in actuarial modeling processes. - Leading implementation of Long-Duration Targeted Improvements (LDTI), including methodology design, transition approach, data, testing, and audit support. - Collaborating with cross-functional teams (Actuarial, Finance, IT) to gather requirements and implement modeling and reporting solutions for new treaties and products. - Performing model validation, assumption testing, and financial analysis to ensure accuracy, compliance, and efficient runtime performance. - Analyzing and interpreting model results, preparing financial reporting deliverables, and providing insights into profit drivers, earnings projections, and capital impacts. - Providing support during audits and regulatory examinations, addressing inquiries and maintaining robust documentation. - Developing, enhancing, and maintaining actuarial models in AXIS software to support valuation and reporting across US GAAP LDTI/GAAP and statutory frameworks. - Staying informed of industry developments and evolving regulatory requirements internationally (US GAAP, IFRS17, local RBC frameworks) and integrating them into actuarial models and processes. - Mentoring junior team members, leading project meetings, and providing training on AXIS modeling and actuarial reporting processes. Travel domestically for quarterly company meetings. Reports to HQ at 1 Financial Way, Cincinnati, OH 45242 but may telecommute from anywhere. Qualifications - Bachelor's degree in actuarial science, mathematics, statistics, or related field. - Fellow of the Society of Actuaries. - Ten years of experience in actuarial roles, with specific experience in relevant modeling and project experience. - Three years of experience with AXIS software, including building, validating, and maintaining models for pricing and valuation. - Three or more years of experience with US GAAP reporting, including LDTI implementation. - Three years of experience quantifying impacts and identifying trends. - Two years of leadership experience, including managing teams and projects independently. - Experience collaborating with cross-functional teams (Finance, IT, senior management) on actuarial and reporting initiatives. - Excellent communication and influencing skills, with demonstrated experience presenting to senior management and driving decision-making. - Hands-on experience with LDTI frameworks, including methodology, systems, and process enhancements. - Prior involvement in audit engagement and preparation of supporting documentation for regulatory examinations. - Demonstrated ability to drive process improvements and automation within actuarial modeling or reporting functions. Requirements - Travel domestically for quarterly company meetings. - Reports to HQ at 1 Financial Way, Cincinnati, OH 45242 but may telecommute from anywhere. Benefits - Salary: $142,230+ - Apply online at https://myjobs.adp.com/constellationinsurancecareers/cx Company Description THIS NOTICE IS BEING POSTED IN CONNECTION WITH THE FILING OF AN APPLICATION FOR PERMANENT ALIEN LABOR CERTIFICATION. ANY PERSON MAY PROVIDE DOCUMENTARY EVIDENCE BEARING ON THE APPLICATION TO THE REGIONAL CERTIFYING OFFICER OF THE U.S. Department of Labor, EMPLOYMENT AND TRAINING ADMINISTRATION, OFFICE OF FOREIGN LABOR CERTIFICATION, 200 CONSTITUTION AVENUE NW, ROOM N-5311, WASHINGTON, DC 20210.

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