Job Description

This role will take ownership of actuarial risk analysis and reporting for defined areas of the risk managementfunction,with a primary focus on evaluating the company’s financial position, including capital sufficiency and surplus, under adverse stress scenarios. As an Associate Actuary you will be a key individual contributor, applying actuarial techniques and judgment to support stress testing, financial risk assessment, and related internal and external reporting. The position also contributes to process improvement and automation efforts and may provide guidance or oversight to junior actuarial staff or interns.

Primary Responsibilities:

• Prepare quarterlystress testinganalysisof potential company risk exposures under a variety ofextremeeconomicscenarios

• Preparerisk management reportsforcedants as required by reinsurance agreements

• Ad-hoc analysis of potential sources of financial riskor opportunityarising from items such asnew reinsurance agreements, product features,market exposures, orpolicyholder behavior

• Risk reporting to management, investors, 3rdparties and regulators including contributing content to Venerable’s Own Risk and Solvency Assessment (“ORSA”)

• Work with Finance team toreviewand help explainfinancial resultsand understand relatedassumptions

• Provide modeling supportfor the interaction of asset sales and purchases with hedging and liquidity programs

• Applyactuarialtechniquesandbusinessknowledgetoeffectivelydeliveronprojectsassignmentsincludingshowinginitiativeto build specialized knowledge

• Improve,automateand documentexistingprocessesover time

• Workassignedmayincludecomplex,unstructured,ornon-routinetasks.Couldincludedrillingthroughacomplexdata,systemor model with high level guidance.Thorough review of own or of others' work.Summarization / communication / presentation of results to a broader team. Preparation of documentation

• Maysuperviseand/ortrainactuarialstaffinterns

• MayincludecommunicationbothwithinandoutsideofVenerablesuchaswithauditors,actuarialoutsourcingpartnersorothervendors

Key Qualifications:

• BachelorsdegreeinMathematics,ActuarialScience,Financeorrelatedbusinessdiscipline

• ASAornewlycredentialedFSA

• 5-6+yearsfinancial,insuranceindustry,oractuarialexperience

• Excellentcomputerskills:Excel,databases,actuarialprojection/valuationsoftware,programming(e.g.R,VBA, Python,SQL)

• Stronganalyticalskillsoradvancedknowledgeofactuarialconcepts;abilitytousethisknowledgetolead/developsolutionstoad-hoc requests or issues

• Solidunderstandingofinsuranceproducts(especially variable annuities),statutory accounting,regulations,orinsurancecompanystructurefrompriorexperienceinrolessuchas pricing, modeling, valuation, risk management,inforcemanagement, experience studies

• Understanding of hedging concepts and derivatives

• Detailorientedandstronganalyticalproblem-solvingskillstomakeinformeddecisions

• Leveragesstrongoralandwrittencommunicationskillstoreadilyandeffectivelycollaboratewithpeers,managers,shares information and asks questions

• Abilitytomanagecompetingprioritiesanddeadlines

• Strongdesiretolearnandgrow;willingtorotatetootheractuarialroles

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Venerable Values:

Every position at Venerable has responsibility for living out the company's values as described here:

We are Courageous - We think critically, ask "why?" and seek out creative solutions.

We are Curious - We take calculated risks, learn from out failures, and challenge traditional ways of thinking.

We are Connected - We are connected to each other, our customers and our community.

Please note: The use of AI tools (such as ChatGPT or similar platforms) during interviews is not permitted without the prior approval of Venerable, as the use of such tools may interfere with company confidentiality, misrepresent a candidate’s skills and experience or otherwise conflict with Venerable’s hiring policies. If you are selected for an interview and a reasonable accommodation is needed, please notify the Venerable Human Resources recruiter aligned to the open position in which you are interviewing for.

If Venerable, in its sole discretion, determines that AI is being used during an interview without prior approval, Venerable reserves the right to end the interview early and/or disqualify a candidate.