Prosperity Life

Analyst/Associate, Valuation Actuary

Prosperity Life United States

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Prosperity Life provided pay range

This range is provided by Prosperity Life. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$95,000.00/yr - $140,000.00/yr
About Us

We’re a fast-growing, privately held insurance company on a path to becoming a leading U.S. retail platform. We believe every client and customer relationship holds the potential to become something greater—and the same is true for our people. As we grow, we’re redefining how great talent connects with meaningful work, enabling our ambitious strategy while building a culture of high performance, creativity, and partnership. If you’re motivated by complex actuarial analysis, financial reporting rigor, and strengthening governance across US GAAP and Statutory frameworks, you’ll thrive here.

About The Role

We’re looking for an Analyst/Associate Valuation Actuary who is responsible for actuarial work supporting the development, ongoing reporting, governance, and documentation of Prosperity’s U.S GAAP, Statutory, and Tax financials. You’ll play a critical role in ensuring financial accuracy, regulatory compliance, and effective support of internal and external stakeholders. We’re seeking a candidate who brings strong annuity product knowledge, hands-on valuation and modeling experience, and a desire to deepen actuarial experience in a collaborative, deadline-driven environment.

What You’ll Do

Financial Reporting & Valuation Support

  • Support the development, reporting, and documentation of U.S. GAAP, Statutory, and Tax financials
  • Demonstrate a strong understanding of insurance products and actuarial terminology
  • Assist in maintaining detailed documentation for key assumptions underlying financial results
  • Build actuarial expertise in the interpretation and analysis of financial results

Modeling, Systems & Tools

  • Enhance ALFA and ArcVal modeling knowledge to support financial reporting requirements
  • Partner with actuarial modeling peers to convert ArcVal Statutory valuation models to ALFA
  • Participate in the development, optimization, and maintenance of tools used to assess earnings changes
  • Maintain hands‑on involvement in coding, validating, and maintaining valuation systems

Governance, Controls & Compliance

  • Assist in establishing and maintaining controls over valuation systems, processes, and databases to ensure compliance with reporting requirements
  • Support external auditor review processes related to financial reporting
  • Maintain current knowledge of regulatory requirements impacting financial reporting
  • Monitor regulatory developments and recommend, develop, and implement reporting changes as needed

Collaboration & Continuous Improvement

  • Work collaboratively within the actuarial team to manage concurrent deadlines and organizational priorities
  • Seek opportunities to enhance processes, controls, and analytical approaches
  • Perform additional duties as needed to support organizational goals and objectives

What You’ll Bring

  • Bachelor’s degree (B.A.) or equivalent education and experience required
  • Must be working towards and making satisfactory progress toward ASA or FSA designation (FSA preferred)
  • Advanced Excel skills and experience with ArcVal, MG ALFA or other similar modeling platform
  • Strong knowledge of annuity products
  • Must have a minimum of 4 years’ experience in a professional actuarial role with a variety of insurance products, including knowledge of the LDTI, FAS 60, FAS 91 and FAS 97 accounting models.
  • FAS133 and MRB experience is preferred
  • Hands-on experience coding, validating and maintaining valuation systems
  • Prior experience with end-to-end development of PGAAP Financials, including preparation of all the relevant documentation for management / external audit governance is a plus

Core Competencies

  • Collaboration & Professional Presence: Proven ability to interact professionally and effectively in a team-based environment
  • Actuarial Communication & Interpretation: Ability to explain complex actuarial concepts and results in a coherent and accessible manner
  • Planning, Prioritization & Execution: Experience managing concurrent deadlines and multiple priorities while maintaining accuracy and attention to detail
  • Drive, Curiosity, & Continuous Improvement: Demonstrates a strong work ethic, seeks out challenges, and actively looks for opportunities to improve processes, tools, and outcomes

What We Offer

  • A collaborative, inclusive environment that values authenticity, accountability, and partnership
  • The opportunity to join the company at an exciting stage of growth, where colleagues are empowered to build what’s next
  • A variable compensation package with a base range of $95K–$140K
  • A competitive benefits package including comprehensive medical, dental, and vision coverage; an HSA and 401(k) company match; paid time off; and employer-paid life and disability insurance
  • Remote/hybrid work arrangement

At Prosperity, we are committed to equal employment opportunity and encourage people from all backgrounds to apply. We make hiring decisions based on merit and do not discriminate on the basis of race, religion, color, national origin, gender identity, sexual orientation, age, disability, or any other protected status.

We strive for a meaningful interview experience for all candidates. If you need an adjustment or accommodation due to a disability or medical condition during the hiring process, please let your recruiter know.
  • Seniority level

    Mid-Senior level
  • Employment type

    Full-time
  • Job function

    Finance and Sales
  • Industries

    Insurance

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