Director, Valuation

Job not on LinkedIn

🔥 0 minutes ago

🇺🇸 United States – Remote

⏰ Full Time

🔴 Lead

👔 Director

👻 Ghost score 10%

What it means: how likely this posting is sitting open without active hiring.How to read it: 60% or higher means we think this is a ghost. Lower scores are less of a worry.How we score it: age, reposts, open roles vs team size, how fast jobs close, and whether pay is listed.Fine print: an estimate from public data, not a judgment of the company. Real jobs can score high, so treat it as a hint, not a fact.

Apply Now

Find Similar Remote Jobs

Set Up Email Alert For New Jobs

📊 Check your resume score for this job

Improve your chances of getting an interview by checking your resume score before you apply.

Upload Resume

Prosperity Life

WebsiteLinkedInAll Job Openings

201 - 500 employees

Founded 1916

🛡️ Insurance

💸 Finance

💰 $6.9M Venture Round - Prosperity Life on 2019-11

Insurance • Finance

Prosperity Life is a US-centric life insurance organization offering life and annuity insurance, reinsurance, and capital solutions. The company provides universal life insurance and annuities, focuses on capital and risk-management solutions for block and flow reinsurance, and underwrites life insurance, annuities, and supplemental health products through affiliated underwriting companies (SBLI USA, S. USA, Shenandoah Life, National Western). It has over 100 years of life insurance experience and $29. 3B in assets under management (book value AUM as of 3/31/25). Prosperity Life Group also markets careers, leadership, and newsroom updates, and emphasizes financial strength with A- ratings from AM Best, S&P Global (for some subsidiaries), and Kroll.

📋 Description

• Perform quarterly and annual valuations of insurance liabilities under U.S. GAAP, Statutory, Tax, and Bermuda EBS frameworks • Analyze and explain reserve movements and actual-to-expected (A/E) earnings variances • Support financial reporting activities, including disclosures and management reporting • Develop and maintain earnings projections for business planning and financial analysis • Convert existing valuation models from ArcVal to ALFA and develop new product valuation models • Develop, enhance, and maintain actuarial models for valuation and projection purposes • Ensure models are accurate, efficient, and aligned with regulatory and business requirements • Drive automation, process improvements, and modeling best practices • Develop, review, and update actuarial assumptions, including mortality, lapse, and expense assumptions • Conduct experience studies, sensitivity testing, and scenario analyses • Provide insight into earnings volatility, reserve adequacy, and capital impacts • Establish and maintain controls over models, data, and valuation processes • Maintain documentation and ensure compliance with actuarial standards, internal policies, and regulatory requirements • Partner with Underwriting, Finance, Risk, and M&A teams on product development, reinsurance transactions, and strategic initiatives • Support the pricing, evaluation, and structuring of reinsurance transactions • Provide actuarial expertise to support business decision-making • Support internal and external audits through documentation and responses to review requests • Monitor regulatory developments and recommend enhancements to valuation and reporting practices

🎯 Requirements

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field, or an equivalent combination of education and experience • 5+ years of actuarial experience with exposure to a broad range of insurance products • Strong knowledge of U.S. GAAP accounting frameworks, including FAS 60, FAS 91, and FAS 97 • Solid understanding of Long-Duration Targeted Improvements (LDTI) and its impact on valuation and financial reporting • Experience with Fixed Indexed Annuities (FIA), Fixed Indexed Universal Life (FIUL), Universal Life (UL), Deferred Annuities, Payout Annuities, and Traditional Life products • Familiarity with both direct and reinsurance business preferred • Expertise with actuarial modeling platforms such as MG-ALFA (ALFA), AXIS, Prophet, or similar systems • Advanced Excel skills with experience developing, automating, and optimizing complex financial models • Hands-on experience building, validating, and maintaining valuation systems and models with a focus on data integrity and efficiency • Experience with Principles-Based Reserves (PBR) / VM-20 preferred • Proven experience supporting the end-to-end development of U.S. GAAP financials, including model development, assumption setting, validation, documentation, and audit support • Strong understanding of model governance, controls, and documentation standards • Excellent analytical and problem-solving skills • Strong communication skills with the ability to simplify complex actuarial concepts for diverse audiences • Ability to manage multiple priorities and deadlines in a fast-paced environment • Proven ability to collaborate effectively across teams and stakeholder groups

🏖️ Benefits

• Competitive compensation and benefits package • Professional development and career growth opportunities within a growing organization • Opportunity to play a key role in shaping actuarial strategy, valuation, and financial reporting processes • Exposure to a broad range of insurance products and reinsurance transactions • Collaborative, cross-functional environment with visibility to senior leadership and key business partners • Opportunities to contribute to strategic initiatives, process improvements, and model innovation