Senior VP Actuary

Senior VP Actuary job! Most noteworthy, our Client plans to groom this new Senior VP Actuary to eventually become the Chief Actuary. Promotion to the Chief Actuary job is contingent upon performance. Above all, our Client is a highly rated and growing Texas based Life Insurance Company! Also, our Client provides annuity, Medicare supplement, and supplemental health products. Our Client manages $3+ billion in assets and has an A- (Excellent) rating by AM Best.

Manages the Actuarial Department. Furthermore, works alongside CEO, CMO, COO, CIO, CFO to maximize growth and profitability by maximizing capital. Also, develops and executes strategic initiatives; identifying, analyzing, evaluating financial initiatives and mitigating risks. Giving actuarial advice and guidance. Our Client’s goal is to assign projects that, in 3 years, will steep the person in all areas of the Actuarial Department responsibilities, with one exception of valuation.

Ideal opportunity for an individual looking to grow their career with a growing company. The Senior VP Actuary job salary is $200k to $220k + annual bonus potential based on performance up to $30k to $40k. This Senior VP Actuary job requires working at the Dallas, TX headquarters. This is not a remote job. Apply now for this excellent Senior VP Actuary job by clicking on the Apply Now button above! This is Job 2962.


  • Transition to CRO Role:
    • Most noteworthy, begin with a six-month training period.
    • Ascend to the Chief Risk Officer (CRO) position after completing this training.
  • Product Development/Pricing:
    • Focus predominantly on life, health, and annuity products.
    • Oversee the product development and pricing of these simple products.
    • Concentrate on life products that cater to the Final Expense and Home Service markets.
    • Also, only deal with Whole Life products that come with standard riders.
    • Client does not sell UL, SGUL, and variable products.
    • Furthermore, undertake the pricing of a term portfolio targeting the Middle Market, ranging from $50k to $300k face.
  • Annuity Products:
    • Handle products like MYGAs and uncomplicated FIAs.
    • Most noteworthy, client does not sell variable products and those with GMDBs or GMWBs.
  • Reinsurance:
    • Some of our Client’s products undergo reinsurance.
  • Health Products:
    • Also, lead initiatives around Medicare Supplement and other Supplemental Health products. Includes Cancer, Heart/Stroke, Accident, and Hospital Indemnity.
    • Understand that 80% of Medicare Supplement is ceded.
  • Management Reporting:
    • Regularly present experience reports showcasing Actual vs Expected outcomes.
    • Closely monitor product sales and profitability to ensure the company’s growth and stability.
  • Audits:
    • Furthermore, oversee audits of TPAs. Including premiums, commissions, reserve factors, nonforfeiture factors, and vendor bills.
  • ALM:
    • Also, engage in ALM by providing reports on both asset and liability cash flows.
  • Capital Modeling: Engage in RBC, BCAR, and ALIRT capital modeling tasks to ensure financial robustness.

Skills and Experience:

  • Qualifications:
    • FSA designation preferred.
    • MAAA designation is a plus.
    • Ideally, candidates should possess or plan to attain a CERA.
  • Skills:
    • Above all, deep expertise in product development and pricing.
    • Strong leadership and management abilities.
    • Also, have proficient communication skills with actuaries at a technical level.
    • Finally, demonstrated capability to collaborate with Marketing and Operations teams for strategic company-wide initiatives.

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Additional resource links for Dallas, TX and Wikipedia.

Mid America Search stands as a leading Insurance Recruiter in the industry, consistently recognized among the top Insurance Recruiters. Notably, we also excel as an esteemed Actuarial Recruiter, making us one of the industry’s foremost Actuarial Recruiters.

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