Financial Projections Actuary

Company Overview
Westaim and CC Capital have joined forces to strategically transform Westaim from a holding company into a global alternative credit asset manager with a unique, integrated insurance platform, branded as New Westaim. This partnership fuels a vision to provide innovative, customized financial solutions in the alternative credit and insurance space, expanding opportunities for growth and client impact.

Ceres USA Holdings, LLC was formed as part of the insurance side of the New Westaim strategy and is the parent company to Ceres Life Insurance, a fast-growing, forward-thinking annuity carrier startup dedicated to securing financial futures for clients through innovative annuity solutions. The Ceres Life Insurance mission is to enable individuals to retire with peace of mind and dignity by combining advanced technology, top-tier talent, and strong vendor partnerships to provide exceptional support and service.

At Ceres, we are deeply committed to fostering a positive, client-centered culture. Through our Digital Contact Center, we deliver exceptional, personalized support that empowers clients to take control of their financial journey. Our approach focuses on proactive solutions, self-service tools, and collaborative client relationships to help individuals reach their financial goals and retire confidently.

Job Summary
We are seeking a hands-on, strategically minded Financial Projections Actuary to manage and streamline the actuarial component of financial projections & analysis (FP&A) deliverables at a fast-growing, technology-forward annuity company specializing in Multi-Year Guaranteed Annuities (MYGAs) and Fixed Index Annuities (FIAs). This role combines actuarial modeling under US STAT, US GAAP and US corporate tax frameworks, creative problem-solving, and effective communication of findings and results to a wide range of stakeholders within actuarial, investments, finance, and treasury. This position will report to the Valuation & Appointed Actuary and collaborate with other members of the valuation team to align the FP&A approach with similar use cases such as cash flow testing and principles-based reserving.

Key Responsibilities

• Develop, maintain, and take ownership of the quarterly financial projections process, including the design of reporting templates and detailed explanations of forecasts versus actuals.
• Manage documentation of FP&A scenarios, assumptions, and sensitivities. Develop efficient controls for addressing key risks, while remaining adaptable to ad-hoc requests.
• Perform single cell testing of projections, including re-calculations of CARVM reserves, asset valuations, and hedge valuations at future time steps.
• Coordinate with the modeling actuary and finance on sensitivities, assumption updates, and ad-hoc deliverables.
• Prepare presentations and explanations for the board, risk committee, and treasury on financial projection and liquidity stress testing results, including key drivers.
• Continuously analyze modeling system, tools, reporting templates, etc. for improvements and creatively develop streamlined solutions alongside the data and analytics team.
• Recommend relevant sensitivities and stress scenarios to the Appointed Actuary, Chief Actuary, and other senior leaders for consideration in subsequent FP&A cycles.

Required Qualifications

• ASA or recent FSA with 5+ years of actuarial experience in life/annuity insurance.
• Strong understanding of modeling techniques for projecting MYGA and FIA portfolios under a variety of economic scenarios.
• Excellent communication and problem-solving skills; Experience with developing innovative solutions and communicating complex topics to a diverse audience.
• 2+ years of experience with basic programming languages and data analytical tools (e.g., Alteryx, R, Python, SQL, Visual Basic, or similar).
• Experience in a financial reporting role or similar, managing deliverables with tight timelines which impact financial statements or external disclosures.
• Working knowledge of US STAT, US GAAP, US Tax and Risk-Based Capital requirements for deferred annuity products (including C3 Phase I/II) and corresponding financial statement presentations.
• Comfortable working in a small, entrepreneurial environment with cross-functional collaboration.

Preferred Qualifications

• Experience in PBR, Cash Flow Testing, or FP&A roles.
• Exposure to ALM, Asset Modeling, or Hedging.
• Experience translating modeled results into strategy discussions with senior finance leaders.
• Experience with SLOPE actuarial modeling and asset modeling software.
• Self-starter with strong business acumen and a desire to influence both sides of the balance sheet.

Why Join Us?

• Be a key contributor in shaping a new valuation function at a growing company.
• Direct exposure to executive decision-making and investment strategy.
• Collaborative, flat organizational structure with opportunities for cross-functional growth.
• Competitive compensation, actuarial support, and flexible work arrangements.