Life Insurance Actuary Jobs (NOW HIRING)

Come join one of America's fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures.
Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard.
We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good. Be good. Make good.
Please note that we do not offer visa sponsorship for this position.
Role Summary
The Associate Actuary or Actuary reports to the Actuary of Capital Management & Deal Team and will be responsible for leading and collaborating on multiple transactions. This role supports strategic financial initiatives by developing, validating, and interpreting actuarial models used to evaluate capital deployment, reinsurance transactions, and other corporate financing solutions. This role partners closely with MCOE, Finance, Pricing and senior actuarial leadership to provide analytical insights that optimize the company's capital position and drive informed decision-making.
The successful candidate will contribute to the pricing and structuring of reinsurance deals, assess the capital impact of strategic transactions, and help manage NLG's economic, regulatory capital frameworks. This position requires strong technical modeling ability, sound actuarial judgment, and the ability to communicate complex results to both actuarial and non-actuarial audiences.

• This position currently offers an onsite hybrid work schedule, with the expectation that you are in the office four (4) days per week during onsite core days. Our current onsite core days are Monday, Tuesday, Wednesday, and Thursday. The work schedule type and core days are subject to change with advance notification and manager discretion.
• Can be based on Vermont or Dallas Campus.

Essential Duties and Responsibilities

• Co-lead or support reinsurance and capital transactions with internal and external stakeholders. Optimizing pricing, capital and financial impacts, risk management and assist operations teams with closing efforts.
• Quantify the impact of deals and capital actions across multiple frameworks (e.g., statutory, GAAP, economic capital, RBC).
• Support the development of pricing analyses and scenario testing for prospective reinsurance or financing structures, including legal entity modeling, cash-flow projections, sensitivities, and stress tests.
• Collaborate with MCOE, Finance, Pricing and related business areas to align modeling assumptions, capital methodologies, and reinsurance transaction structures.
• Build and enhance actuarial models to assess capital usage, return on capital, and value creation for reinsurance transactions, M&A opportunities, and other capital or risk-transfer strategies.
• Prepare presentation materials and clearly communicate findings, recommendations, and key risks to senior management.
• Assist in identifying opportunities to improve capital efficiency through reinsurance, capital market solutions, or balance-sheet optimization.
• Stay current on emerging capital methodologies, regulatory changes, and actuarial modeling best practices.

Minimum Qualifications

• Career Associate of the Society of Actuaries (ASA) or Fellow of the Society of Actuaries (FSA) required.
• 6+ years of experience in actuarial modeling, corporate development, reinsurance or related actuarial roles, preferably within a life insurance or reinsurance company.
• Proficiency with actuarial projection systems (e.g., MG-ALFA) and strong Excel/Databricks skills.
• Ability to interpret complex financial models, reconcile results, and explain key drivers to technical and non-technical stakeholders.
• Familiarity with a wide range of actuarial models, including liability projections, asset modeling, and capital models. Assess modeling assumptions, methodologies, and controls for appropriateness and reliability.
• Experience presenting findings and influencing senior stakeholders in actuarial, finance, or investment functions.
• Detail-oriented, deadline-driven, and able to manage multiple priorities in a fast-paced environment.
• Demonstrated ability or willingness to adopt and apply emerging technologies, including generative AI and automation tools, to improve reporting efficiency, effectiveness, and control quality.

AI Proficiency Expectations
At National Life Group, we view AI as an enabler of human potential. We use AI to help us work smarter, serve more clients, and keep our promises, while remaining a relationship-driven business where our people are our greatest strength.
All applicants are expected to:

• Leverage approved AI tools, where appropriate, to improve the efficiency, quality, and impact of their work.
• Stay curious and open to new AI-enabled ways of working.
• Exercise sound judgment by reviewing and validating AI-generated content.
• Maintain accountability for the accuracy, quality, fairness, and integrity of work products by adhering to National Life's AI guiding principles.
• Use AI responsibly and in accordance with company policies related to confidentiality, data privacy, security, compliance, retention and intellectual property.

Benefits

• Your benefits start day one and are flexible and customizable to your and your family's specific needs. Check out the BENEFITS of a Career at National Life!

Base Pay Range. The base pay range for this position is the range National Life reasonably and in good faith expects to pay for the position taking into account the wide variety of factors, including: prior experience and job-related knowledge; education, training and certificates; current business needs; and market factors. The final salary or hourly wages offered may be outside of this range based on other reasons and individual circumstances.
Additional Compensation and Benefits. The total compensation package for this position may also include a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. The successful candidate may also be eligible to participate in National Life's discretionary annual incentive programs, subject to the rules governing such programs. If hired, the employee will be in an "at-will position" and National Life reserves the right to modify base salary (as well as any other discretionary payment or compensation or benefit program) at any time, including for reasons related to individual performance, company or individual department/team performance, and market factors.
National Life is accepting applications for this role on an ongoing basis and the role remains open until filled.
Salary Pay Range
$121,875-$178,750 USD
National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT - founded in 1848, Life Insurance Company of the Southwest, Addison, TX - chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group.
Fortune 1000 status is based on the consolidated financial results of all National Life Group companies.
Social Media Policy
Site Disclosure and Privacy Policy
National Life Group
1 National Life Dr
Montpelier, VT 05604