Director, Actuary

Director, Actuary at Kuvare Holdings

2 days ago – Be among the first 25 applicants.

Kuvare is on a mission to serve hardworking consumers overwhelmed by the complexities of retirement. Built from the ground up, our unified financial hub protects the retirement of everyday Americans and the distributors, carriers and investors that serve them. We create life insurance and annuity products that protect consumers’ retirements, and are simplified for distributor partners and financial professionals to sell and service.

The Actuarial Directors are part of a multidisciplinary team covering Life and Annuity Valuation, Modeling and Forecasting, Pricing & Product Management, Asset Liability Management and Enterprise Risk Management. As a director, you will have a primary area of specialization but will also work across specialties. Supervision of actuarial students or associates on a project or full‑time basis may also be required.

• Prepare, monitor and analyze reserve trends monthly on GAAP, statutory and tax accounting bases.
• Develop management reporting for existing business.
• Assist or manage the preparation of Statutory Annual and Quarterly Statements.
• Organize and present valuation results for management review.
• Lead or assist in gathering information and analysis for external auditor inspections.
• Develop methodology memos, change memos and management presentations as needed.

• Maintain AXIS pricing model(s) to provide robust pricing and new business analyses.
• Support rate setting and other non‑guaranteed elements (NGE) process; perform analysis for business decisions, sign‑off and implementation.
• Monitor emerging product experience, manage actuarial assumptions and identify new risks.
• Coordinate and lead cross‑functional initiatives related to product development and reporting.
• Oversee Life and/or Annuity product illustrations and support Customer Service on exemptions and escalated requests.
• Develop relationships with internal and external distribution stakeholders.
• Manage projects and stakeholders to promote timely progress on key initiatives.
• Design and price new products.
• Support reinsurance efforts for risk sharing and analysis of existing and potential treaties.
• Support filing of new products.
• Ensure products are built appropriately in administration systems and validate test cases.

• Produce, present and improve monthly business monitoring reporting.
• Provide insight and analysis to in‑force experience trends.
• Oversee monthly crediting rate package and process.
• Coordinate with ALM and system teams on data and result analysis.
• Assist in developing and analyzing annual illustration actuary testing models.
• Review special policy illustration requests.
• Assist on product‑related projects and requests.
• Develop management presentations as needed.

• Build and review model inputs to support financial projection capability.
• Execute and monitor model projections, troubleshoot calculations.
• Analyze model output to ensure accuracy and alignment with intended purpose.
• Build and maintain tools for result analysis.
• Develop management presentations as needed.
• Oversee Senior Actuarial Associates, Actuarial Associates and possibly interns on technical model aspects.

• Update quarterly stress testing results and compare against risk appetite and limits.
• Monitor investment portfolio to ensure compliance with guidelines and limits.
• Report asset and liability duration mismatches outside tolerance.
• Prepare weekly hedging files, monitor hedge positions and results.
• Recommend alternative remediation plans when guidelines or limits are breached.
• Develop management presentations as needed.

• Assess reasonableness of reserves as new blocks of business are acquired.
• Assess product features and determine strategies as new blocks of business are acquired.
• Build efficiencies through programming solutions in all aspects of model input and output data manipulation.
• Assist in developing the Own Risk and Solvency Assessment.
• Assess impacts of an alternate investment or reinvestment strategy…