Vice President, Group Benefits Actuarial Valuation - Philadelphia - Atlantic Group

    Atlantic Group
    Atlantic Group Philadelphia

    1 day ago

    Description

    Job Overview – Vice President, Group Benefits Actuarial Valuation

    Compensation: $225,000 – $250,000/year + bonus

    Location: Remote (Based in Philadelphia, PA)

    Atlantic Group is hiring a Vice President, Group Benefits Actuarial Valuation for our client, a fully remote leadership role overseeing actuarial valuation and reserving for Group Benefits products. You will ensure compliance with GAAP, IFRS 17, and Statutory standards while managing complex actuarial models, reserve adequacy, and valuation governance. The role serves as the primary actuarial contact for auditors, regulators, and senior leadership and combines deep technical expertise with people leadership.

    Responsibilities as the Vice President, Group Benefits Actuarial Valuation:

    • Reserving & Valuation Leadership: Lead reserve valuation across Group Benefits products in accordance with GAAP, IFRS 17, and Statutory requirements, ensuring timely completion and senior management review.
    • Assumptions & Governance: Review, approve, and enhance valuation assumptions and methodologies while ensuring consistent application of actuarial standards of practice.
    • Model Development & Analytics: Build, maintain, and enhance complex actuarial models to improve predictive accuracy, analytics, and regulatory compliance.
    • Audit & Regulatory Oversight: Serve as the primary actuarial contact for audits, state examinations, and regulatory reviews, supporting internal controls and model governance.
    • Leadership & Strategy: Manage and develop the actuarial valuation team while communicating reserving results, emerging trends, and insights to senior leadership.

    Qualifications for the Vice President, Group Benefits Actuarial Valuation:

    • Education: Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or a related quantitative field required.
    • Experience: 10+ years of actuarial experience within Group Benefits insurance, with senior-level responsibility across valuation, reserving, and team leadership.
    • Certification & Membership: Fellow of the Society of Actuaries (FSA) required, with active membership in the American Academy of Actuaries (MAA) required.
    • Industry Knowledge: Strong expertise in Group Benefits products with familiarity across GAAP, IFRS 17, and Statutory reporting frameworks.
    • Technical Skills: Advanced actuarial modeling, data analysis, and risk management skills with hands-on experience using complex valuation models and strong computational tools, with annuity valuation experience preferred.
    • Skills & Attributes: Executive-level communication skills, experience partnering with senior leadership and Boards, strong regulatory judgment, and effective remote team leadership.

    Application Notice: Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, Atlantic Group will keep your resume on file for future opportunities and may contact you for further discussion.

    ID #47903

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