Title: Senior Actuarial Associates
Employer: VIAC Services Company (Venerable)
Location: West Chester, PA
Job Description:
Independently lead actuarial data validation, inforce control processes, and reconciliation frameworks to ensure completeness and accuracy of actuarial inputs. Design enhanced control
checks and develop solutions using advanced Excel, R, VBA, SQL, or other analytical tools. Manage complex actuarial inputs for valuation, financial reporting, capital metrics, or inforce management analysis. Derive and validate key actuarial assumptions and parameters, investigate anomalies, and resolve data or model issues. Develop and improve analytical tools,
reporting processes, and automation workflows to enhance efficiency and accuracy. Implement process improvements and redesign actuarial templates and data structures used across teams. Serve as a primary actuarial contact for internal and external auditors, reinsurance partners, and cross-functional stakeholders. Explain actuarial methodologies, assumptions, and control frameworks independently. Oversee preparation of actuarial content for regulatory filings, assumption updates, experience studies, and risk analysis. Ensure consistency and accuracy across multiple teams and review materials prepared by junior staff. Apply advanced actuarial judgment to complex issues, propose solutions to technical actuarial problems, and present findings to senior leaders. Mentor junior associates and review work for accuracy, methodology, and adherence to internal controls.
Minimum Requirements:
Bachelor’s degree in Mathematics, Actuarial Science, Economics, Finance or closely related field and minimum 3 years of actuarial experience. Requires completion of at least three Society of Actuaries exams towards ASA designation. Must have experience working with the following: insurance and reinsurance products, regulatory requirements, and insurance company structure; conducting profitability analysis, pricing, modeling, valuation, risk management, inforce management, experience studies, and hedging; improving and optimizing actuarial processes including developing appropriate controls and automation routines; analyzing actuarial data, identifying technical issues, and proposing solutions to complex actuarial problems; Excel, databases, actuarial projection tools, and valuation software to analyze data and prepare management-level outputs; R, VBA, and SQL to conduct data analysis, develop automation tools, and improve reporting efficiency; documenting actuarial processes, maintaining workpapers, and ensuring compliance with internal controls; and preparing, summarizing, and presenting actuarial results to senior leadership.
#LI-DNI
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.
Skills Required
- Bachelor's degree in Mathematics, Actuarial Science, Economics, Finance, or a closely related field
- Minimum 3 years of actuarial experience
- Completion of at least three Society of Actuaries exams toward the ASA designation
- Experience with insurance and reinsurance products, regulatory requirements, and insurance company structure
- Experience with profitability analysis, pricing, modeling, valuation, risk management, inforce management, experience studies, and hedging
- Experience improving and optimizing actuarial processes, including controls and automation routines
- Experience analyzing actuarial data, identifying technical issues, and proposing solutions to complex actuarial problems
- Experience using Excel, databases, actuarial projection tools, and valuation software
- Experience using R, VBA, and SQL for data analysis, automation, and reporting
- Experience documenting actuarial processes, maintaining workpapers, and ensuring compliance with internal controls
- Experience preparing, summarizing, and presenting actuarial results to senior leadership
What We Do
Venerable is a privately held company with business operations based in West Chester, Pennsylvania and Des Moines, Iowa. Venerable owns and manages legacy variable annuity business acquired from other entities. Created by an investor group led by affiliates of Apollo Global Management, LLC, Crestview Partners, Reverence Capital Partners, and Athene Holdings, Ltd., Venerable is a business with well-established, strategic investors, experienced in successfully building and growing insurance businesses with patient, long-term capital. Growth through acquisition is long storied at Venerable. While we have the nimbleness and flexibility of a start-up, our beginnings are a result of a series of small business ventures by ING Group, who later evolved to Voya Financial, and which began nearly five decades ago. We are led by a highly trusted and experienced team, a significant portion of whom transitioned from Voya at the time of the transaction. With unparalleled knowledge and expertise, the organization remains primed to carry on the tradition of growth. From day one, leaders at Venerable have prioritized the employee experience by focusing on a strong culture. One where employees feel highly engaged, are encouraged to offer feedback often, are supported by a strong management structure, and can collaborate with colleagues without roadblocks. Opportunity awaits for individuals who think critically, ask why, and seek out creative solutions.
