Athene Annuity And Life Company

Athene Annuity And Life Company

AVP Statutory Valuation

West Des Moines, Iowa

Sponsorship not specifiedDetected 22 days ago
AWSData EngineeringAccountingValuationAuditingLeadershipCommunicationCollaborationInternal AuditActuarial Science

About the role

  • If you are driven to do more and love the challenge of pursuing more, Athene is your kind of company.
  • Purpose: The AVP of Statutory Valuation will serve as the primary operational leader for Athene's statutory reporting function, with direct accountability for reserve accuracy and the integrity of annual statement submissions.
  • The role also serves as a deputy to the Appointed Actuary, providing coverage as needed.

Responsibilities

  • Own the end-to-end valuation production process, from post-model output through reserve disclosure in statutory filings, ensuring compliance with CARVM, IRS tax regulations, and other applicable Actuarial Guidelines.
  • Maintain and enhance reserve controls, documentation standards, and sign-off workflows sufficient to withstand external audit and regulatory review.
  • Lead the statutory valuation implementation of new products, reinsurance transactions (coinsurance, ModCo, funds withheld), and block acquisitions into statutory reserving processes.
  • Partner with the Reinsurance, Finance, Legal, Actuarial, and IT teams to ensure new treaty structures are reflected accurately in reserve calculations and statutory filings, including affiliated reinsurance arrangements.
  • Develop and maintain reserve methodology documentation for new transaction types, ensuring compliance with applicable reserve standards.
  • Support VM-22 and CFT-related capital sensitivity analysis and scenario testing for internal and regulatory purposes.
  • Manage a team of approximately four actuarial professionals, setting clear performance expectations, supporting credentialing progress, and building technical depth.

Requirements

  • 10+ years of actuarial experience, with substantial exposure to statutory valuation, life/annuity reserving, cash flow testing, and regulatory reporting.
  • Deep knowledge of U.S. statutory reserving frameworks including PBR, CARVM, and Asset Adequacy Testing under Iowa or NY regulations.
  • Strong working knowledge of annuity products.
  • Excellent written and verbal communication skills, with demonstrated ability to communicate technical actuarial concepts to non-actuarial audiences.
  • Demonstrated ability to apply AI tools to enhance actuarial workflows, accelerate analysis, and improve productivity.
  • Experience with affiliated or offshore reinsurance structures (e.g., coinsurance, ModCo, funds withheld) and their statutory accounting treatment under SSAP 61R/62R.
  • Familiarity with cloud-based databases (AWS or others).
  • Experience working in a large, complex insurance holding company with affiliated reinsurance entities.
  • FSA designation strongly preferred. ASA required.
  • Demonstrated ability to manage and develop a team of actuarial professionals.
  • Leadership experience driving projects to completion with multiple stakeholders.
  • Prior experience in an Appointed Actuary support role or as a Valuation Actuary in a statutory context.
  • Exposure to NAIC regulatory development processes, including VM-22 implementation or participation in comment letter or working group processes.

Nice to have

  • Experience preparing or reviewing Actuarial Opinions and Actuarial Opinion Memoranda (AOM) is a plus.

Compensation

  • Lead quarterly and annual statutory reserve calculations across all Athene U.S. product lines, including Fixed Indexed Annuities, MYGAs, Income Riders, PRT, Funding Agreements, Payouts, RILA, and other annuity products.

Company info

  • We are driven to do more.
  • More for our customers and the financial professionals who offer our products.
  • You will find we offer more than the basics to create an inclusive and dynamic work environment at our various locations.

This listing is sourced directly from Athene Annuity And Life Company's careers page and normalized into a canonical job model.