Senior Associate Actuary

2 weeks ago


McKinney, Texas, United States Globe Life Family of Companies Full time

Job Description


This role is a part of the Globe Life Valuation team, responsible for creating and maintaining models for valuation and financial reporting for the international branch operations of American Income Life (AIL). The role involves collaborating with the Appointed Actuaries in countries like Canada and New Zealand. Additionally, this position will be engaged in corporate projection tasks related to GAAP guidelines and statutory earnings forecasts for capital planning and other corporate needs. Key responsibilities for this role include:

  • Developing and managing PolySystems and spreadsheet models for IFRS 17 reporting in Canadian and New Zealand branches as per the instructions of the Senior Director & Managing Actuary.
  • Cooperating with Life and Health Pricing, Experience Study, and AIL controller teams to facilitate efficient financial reporting for AIL branches.
  • Working in close coordination with the valuation and controller team to fulfill quarterly and annual valuation/financial reporting duties.
  • Providing assistance in corporate guidance projection tasks related to GAAP and statutory earnings, as well as risk-based capital needs.

Required Skills

  • Must possess strong technical actuarial skills, including expertise in valuation principles and techniques, and familiarity with Long Duration Target Improvement (LDTI) and Principle Based Reserving frameworks (PBR).
  • Knowledge of general ledger accounting practices and systems, along with prior experience collaborating with financial reporting accountants.
  • Preferred to have hands-on experience with IFRS 17 reporting, but enthusiasm to learn can also be considered.
  • Experience with actuarial modeling systems like PolySystems, GGY Axis, or Prophet is desirable.
  • Proficiency in MS Office tools (Word, Excel, Access) is a must.
  • Essential skills in database (SQL) operations and a bonus if proficient in programming (VB).
  • A team player with excellent organizational skills to manage multiple projects simultaneously.
  • Strong verbal and written communication abilities.

Required Experience

  • Bachelor's degree is a prerequisite.
  • Associate of the Society of Actuaries (A.S.A.) certification is mandatory.
  • Minimum of five years of experience.
  • Prior experience in a valuation role would be advantageous.


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