What are the responsibilities and job description for the AVP & Actuary, Head of Valuation position at Acumen Group?
Our client is seeking an actuary to oversee enterprise valuation and financial reporting for life and annuity products. This role is designed for someone who combines strong technical expertise with leadership capability, business judgment, and a strategic perspective on actuarial finance and enterprise reporting.
Reporting directly to the Chief Actuary, this position will lead a team of actuarial professionals responsible for valuation, financial reporting, modeling, and actuarial analysis. The role will also partner closely with Finance and Investments leadership on ALM, capital analytics, forecasting, and enterprise financial initiatives.
The position offers significant opportunity for long-term growth and expanded enterprise leadership responsibility.
Responsibilities
Valuation & Financial Reporting
- Lead quarter-end GAAP and Statutory valuation and financial reporting processes for life and annuity products.
- Oversee reserve adequacy, valuation methodologies, controls, and reporting governance.
- Support LDTI, PBR, and asset adequacy testing requirements.
- Ensure accuracy and integrity of actuarial models, assumptions, and financial reporting outputs.
Modeling, Governance & Transformation
- Lead ongoing enhancement of actuarial modeling capabilities.
- Strengthen model governance, controls, validation standards, and documentation.
- Drive automation and process improvement initiatives focused on scalability and reporting efficiency.
- Partner with IT and Data teams to improve actuarial infrastructure and reporting automation.
Assumption Governance & Experience Analysis
- Lead actuarial experience studies and assumption governance processes.
- Monitor emerging experience and support assumption recommendations.
- Partner with Pricing, Risk, and Finance teams to ensure alignment across actuarial frameworks.
Qualifications
- ASA or FSA
- 7-15 years of actuarial experience in valuation, financial reporting, or actuarial finance.
- Strong knowledge of GAAP, Statutory valuation, LDTI, and life/annuity products.
- Strong communication, organizational, and executive presentation skills.