Actuarial Modeler

5 days ago


Cincinnati, Ohio, United States Ohio National Financial Services Full time
Job Description

We are seeking a highly skilled Actuarial Modeler to join our team at Ohio National Financial Services. As an AVP, Annuity Valuation, AXIS Modeler, you will play a key role in directing a small team and leading the development of actuarial models using AXIS software to support annuity valuation under the LDTI framework.

Responsibilities
  • Assist with the implementation of annuity Long-Duration Targeted Improvements (LDTI) and develop and enhance actuarial models using AXIS software.
  • Collaborate with cross-functional teams to gather requirements and implement model changes, perform model testing, valuation, and documentation to ensure accuracy and compliance with regulatory standards.
  • Analyze and interpret model results, identify areas for improvement, and implement enhancements as needed.
  • Stay informed about industry developments and regulatory changes related to LDTI and incorporate updates into existing models.
  • Provide support during audits and regulatory examinations, addressing inquiries, and providing documentation as necessary.
What You Will See
  • Competitive compensation and benefits package.
  • Medical, dental, and vision insurance effective your first day.
  • Company-paid life insurance.
  • 401(k) with company match.
  • 100% paid parental leave.
  • Adoption and surrogacy benefits.
  • Tuition reimbursement.
  • Flexible time off.
Why We Are Different
  • We promote a diverse and inclusive workplace that respects the cultures, life experiences, and traditions of our associates and the community.
  • You receive time away from the office, including PTO, holidays, wellness day, and community service to rest and recharge.
  • Associate resource groups provide opportunities to help you reach personal and professional goals.
  • We offer a wide variety of associate services and programs, including a college scholarship fund, corporate discounts, and recognition programs.
  • We provide a whole person approach to your health and well-being, including financial resources and an Employee Assistance Program.
Requirements

To be successful in this role, you will need:

  • A bachelor's degree in actuarial science, mathematics, statistics, or a related field.
  • FSA or career ASA designation.
  • At least eight years of experience in actuarial roles, including a minimum of two years of modeling with specific experience in variable annuity products.
  • Strong proficiency with AXIS modeling software with at least two years of experience.
  • Excellent communication and influencing skills.
  • Strong leadership skills with demonstrated experience in building and fostering relationships.
  • Highly organized and able to lead successful projects without supervision.
  • Strong problem-solving skills.
  • Strong analytical skills, including the ability to quantify impacts and synthesize data from multiple sources and identify trends.
Preferred Qualifications
  • Experience with US statutory and GAAP reporting.
  • Knowledge of LDTI and its implications for annuity valuation.
  • Demonstrated self-starter and effective individual contributor for non-routine projects.
  • Ability to interact with and provide subject matter expertise to multiple functional areas.
  • Ability to work independently and effectively manage multiple projects with competing deadlines.

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