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Director Variable Annuity Jobs (NOW HIRING)

Developing and executing the firm's annuity strategy across Advisory, Variable, Fixed, Fixed ... direct authority. * Proficiency with Microsoft Office applications, including Word, Excel ...

Career Opportunity Role Title Director, Annuity Initiatives Purpose of role This role is ... In addition to base pay, eligible employees may participate in a discretionary variable incentive ...

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Director Variable Annuity information

What are the key skills and qualifications needed to thrive as a Director of Variable Annuity, and why are they important?

To thrive as a Director of Variable Annuity, you need deep knowledge of financial products, regulatory compliance, portfolio management, and often a relevant degree such as finance or business, along with industry certifications like FINRA Series 6/7 and 26/63/65/66. Familiarity with financial modeling software, CRM systems, and regulatory reporting tools is typically required. Strong leadership, analytical thinking, and effective communication skills help drive team performance and strategic client engagement. These competencies are crucial to ensure the organization’s annuity offerings remain competitive, compliant, and aligned with client needs.

What is a Director of Variable Annuity?

A Director of Variable Annuity is a senior-level professional who oversees the management, development, and performance of variable annuity products within an insurance or financial services company. This role involves leading teams, developing strategies for product growth, ensuring regulatory compliance, and collaborating with other departments such as sales, marketing, and actuarial. The director is also responsible for monitoring market trends and adjusting product offerings to meet customer needs and company goals.

What are the primary challenges faced by a Director of Variable Annuity when developing new products?

A Director of Variable Annuity often encounters challenges related to balancing regulatory compliance, market trends, and customer needs when creating new products. Staying ahead of changing regulations, especially those impacting investment options and disclosures, requires close collaboration with legal and compliance teams. Additionally, the director must analyze competitor offerings and coordinate with actuaries, product development specialists, and marketing teams to ensure products remain competitive, profitable, and appealing to clients. Effective communication and adaptability are essential to navigate these complexities and bring successful products to market.

What is the difference between Director Variable Annuity vs Actuary?

AspectDirector Variable AnnuityActuary
Required CredentialsFinancial certifications (e.g., CFA, CFP), industry experienceFellowship in actuarial societies (FSA, ASA), exams
Work EnvironmentFinancial firms, insurance companies, product developmentInsurance companies, consulting firms, risk assessment
Industry UsageProduct management, sales, complianceRisk modeling, pricing, reserving

The main difference is that a Director Variable Annuity focuses on product strategy and management within insurance firms, often requiring financial certifications and industry experience. An actuary specializes in risk assessment, pricing, and reserving, with a strong emphasis on actuarial credentials. Both roles are vital in the insurance industry but serve different functions related to product development versus risk analysis.

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What cities are hiring for Director Variable Annuity jobs? Cities with the most Director Variable Annuity job openings:
What are the most commonly searched types of Variable Annuity jobs? The most popular types of Variable Annuity jobs are:
What states have the most Director Variable Annuity jobs? States with the most job openings for Director Variable Annuity jobs include:
What job categories do people searching Director Variable Annuity jobs look for? The top searched job categories for Director Variable Annuity jobs are:
Infographic showing various Director Variable Annuity job openings in the United States as of July 2026, with employment types broken down into 93% Full Time, 5% Part Time, and 2% Summer. Highlights an 90% Physical, 4% Hybrid, and 6% Remote job distribution.
Assistant Actuary - Annuity Statutory / PBR Valuation

Assistant Actuary - Annuity Statutory / PBR Valuation

Ameritas

Lincoln, NE • On-site, Remote

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 20 days ago


Ameritas rating

9.1

Company rating: 9.1 out of 10

Based on 17 frontline employees who took The Breakroom Quiz

26th of 298 rated insurance


Job description


Ameritas is seeking an Assistant Actuary - Annuity Statutory / PBR Valuation to join the Corporate Actuarial Annuity Valuation team. This position contributes to the growth of the annuity product portfolio of the organization through active collaboration within valuation and across functional areas.
This role is a foundational hire for Ameritas' newly established VM-22 Principle-Based Reserving function, supporting the ongoing VM-22 valuation of non-variable annuity products as Ameritas expands its annuity portfolio, requiring the team to build valuation infrastructure and product knowledge concurrently.
Reporting to the Director, Annuity Statutory Valuation with matrix reporting to both the functional Valuation leader and the Liability Product Owner, the incumbent is primarily responsible for performing quarterly statutory and PBR valuations, developing and enhancing analytical tools, and providing analysis of financial results. The individual in this position is expected to contribute actuarial judgment, intellectual ownership, and technical depth across the full VM-22 project lifecycle - from assumption development and model design through sensitivity analysis, governance documentation, and reporting process build-out.
This position can be remote (within the U.S.A.) or hybrid (Lincoln, NE; Cincinnati, OH) depending on proximity to an office location.
What you do:
  • Perform quarterly statutory and tax valuation for non-variable annuity products under current CARVM/Actuarial Guideline frameworks and the VM-22 PBR framework upon implementation; produce quarter-over-quarter reserve movement analysis with clear attribution of drivers for management review and audit.
  • Partner with the Liability Product Owner (LPO) to complete assigned valuation tasks, including valuation model user acceptance testing (UAT); ensure valuation data integrity and model soundness through established governance procedures, controls, reasonableness checks, and audit processes.
  • Support VM-22 implementation end to end - define valuation model and data requirements, participate in user acceptance testing, ensure data, model and valuation process production readiness.
  • Key contributor to VM-22 actuarial assumption setting and testing - including mortality, lapse, partial withdrawals, crediting strategy, expenses, and other actuarial assumptions; actively participate in assumption working groups by quantifying the impact of proposed changes and providing reasonableness assessments.
  • Manage VM-22 valuation data pipelines from input to output; ensure end-to-end data lineage and audit traceability.
  • Draft and maintain VM-31 Actuarial Report content, valuation procedure documentation, and workflow controls; fulfill annual statement and survey obligations; support internal and external audit and regulatory examination requests; execute 1st line controls and attest to required governance deliverables quarterly.
  • Develop and enhance PBR valuation and reporting processes and analytical tools to deliver greater management insights into financial results; serve as the primary actuarial source for VM-22 reserve analysis supporting FP&A earnings analysis, and management presentations; respond to ad hoc senior leadership requests on reserve movements, assumption change impacts, and capital strain.
  • Produce liability assumption and scenario sensitivity analyses and stress test results; support hedging program evaluation and hedging effectiveness testing as well as industry and rating agency surveys; collaborate across the organization with Finance, Risk, IT, Pricing, Capital Management, and external consultants on VM-22 production readiness and cross-functional initiatives.

What you bring:
  • Bachelor's degree in actuarial science, mathematics, statistics, or equivalent required.
  • ASA designation required. Active pursuit of FSA strongly preferred.
  • Minimum 3-5 years of annuity valuation experience; experience with VM-22 and/or VM-21 statutory valuation required.
  • Annuity LDTI/GAAP experience preferred.
  • Advanced knowledge of actuarial mathematics and PBR concepts including stochastic modeling and CTE measures; familiarity with GOES and its application across VM-20/VM-21/VM-22 frameworks; knowledge of AG-33, AG-35, or AG-43 preferred.
  • Knowledge of C-3 Phase I / Phase II RBC capital frameworks and asset adequacy testing (CFT/AAT); understanding of FIA hedging mechanics, option budget frameworks, and index crediting strategy; experience with dynamic lapse assumption modeling including competitor rate benchmarking preferred.
  • In-depth knowledge of actuarial modeling software; Prophet strongly preferred; experience with data management and analytic tools including SQL (required), Snowflake, and Power BI.
  • Strong technical writing skills with ability to produce clear documentation of actuarial methodology, assumptions, and results; VM-31 Actuarial Report drafting experience and familiarity with regulatory examination processes preferred.
  • Superior analytical and problem-solving skills with a genuine desire to learn; effective communication skills with ability to convey complex actuarial concepts to Finance, Risk, FP&A, and senior management audiences.

What we offer:
A meaningful mission. Great benefits. A vibrant culture
Ameritas is an insurance, financial services and employee benefits provider Our purpose is fulfilling life. It means helping all kinds of people, at every age and stage, get more out of life.
At Ameritas, you'll find energizing work challenges. Flexible hybrid work options. Time for family and community. But dig deeper. Benefits at Ameritas cover things you expect -- and things you don't:
Ameritas Benefits
For your money:

• 401(k) Retirement Plan with company match and quarterly contribution.
• Tuition Reimbursement and Assistance.
• Incentive Program Bonuses.
• Competitive Pay.
For your time:
• Flexible Hybrid work.
• Thrive Days - Personal time off.
• Paid time off (PTO).
For your health and well-being:
• Health Benefits: Medical, Dental, Vision.
• Health Savings Account (HSA) with employer contribution.
• Well-being programs with financial rewards.
• Employee assistance program (EAP).
For your professional growth:
• Professional development programs.
• Leadership development programs.
• Employee resource groups.
• StrengthsFinder Program.
For your community:
• Matching donations program.
• Paid volunteer time- 8 hours per month.
For your family:
• Generous paid maternity leave and paternity leave.
• Fertility, surrogacy, and adoption assistance.
• Backup child, elder and pet care support.
An Equal Opportunity Employer
Ameritas has a reputation as a company that cares, and because everyone should feel safe bringing their authentic, whole self to work, we're committed to an inclusive culture and diverse workplace, enriched by our individual differences. We are an Equal Opportunity/Affirmative Action Employer that hires based on qualifications, positive attitude, and exemplary work ethic, regardless of sex, race, color, national origin, religion, age, disability, veteran status, genetic information, marital status, sexual orientation, gender identity or any other characteristic protected by law.
Application Deadline
This position will be open for a minimum of 3 business days or until filled.
This position is not open to individuals who are temporarily authorized to work in the U.S.

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