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Senior Actuary at AAA Life Insurance Company – Livonia, Michigan

AAA Life Insurance Company
Livonia, Michigan, 48150, United States
Posted on
NewHybridIndustries:Consumer ProductsJob Function:Professional Services
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About This Position

Senior Actuary

US-MI-Livonia

Job ID: 2026-2116
Type: Regular Full-Time
# of Openings: 1
Category: Actuarial
Livonia

Overview

Why AAA Life

AAA Life is a respected and trusted American brand that has been focusing on Life Insurance and Annuity Products since 1969. At AAA Life we have over 1.8 million policies where we take pride in earning the trust of our policyholders who understand our promise to be there for them – and their families – when we’re needed most. By joining the AAA Life team, you are joining a company that genuinely cares about helping each other, with a devotion to protect the lives of those around us. We embrace a diverse, equitable, inclusive culture where all associates can feel a sense of belonging and use their unique talents and perspective to influence, innovate, motivate, and thrive.

How You’ll Work

Work Solution: Hybrid



Responsibilities

What You'll Do

This role leads enterprise risk management activities, with ownership of asset model conversions and AssetLiability Management (ALM), including Cash Flow Testing (CFT) and capital projections. The position is accountable for assessing financial resilience through integrated ALM frameworks, leveraging converted asset models and scenariobased projections to support financial strength, risk appetite, and strategic decisionmaking.

The role serves as a subjectmatter expert and strategic partner to Investments, Finance, ERM, and Valuation, with responsibility for complex modeling frameworks, assumption governance, and crossfunctional initiatives. The individual is expected to operate independently at a senior level, influence decisions, and communicate results to actuarial leadership and risk committees.

This position is expected to interact broadly across all areas of the organization and serve as a coach and mentor to less experienced actuaries. The role will assist in planning and organizing both short and longterm activities necessary to achieve established goals and is expected to stay current on emerging trends, regulatory developments, and market dynamics impacting the life insurance and annuity business.

  • Lead asset model conversion initiatives, including development, enhancement, governance, and maintenance of asset and liability models supporting all lines of life insurance and annuities
  • Utilize asset projection platforms such as BondEdge and/or Bloomberg, and actuarial modeling tools such as MGALFA or Slope, to support modeling and analysis
  • Ensure models support multiple use cases, including Valuation, Corporate Planning, Investment Analysis, Cash Flow Testing (CFT), PrincipleBased Reserving (PBR), Reinsurance, and Capital Projections
  • Lead AssetLiability Management (ALM) valuations, including CFT and capital projections, ensuring consistency across asset and liability modeling frameworks
  • Monitor and incorporate evolving actuarial standards and regulatory changes into modeling and valuation processes
  • Partner with Investments, Finance, ERM, Valuation and IT to ensure alignment across modeling frameworks, assumptions, and risk assessments
  • Clearly communicate complex actuarial results and recommendations to actuarial leadership, senior management, and risk committees, translating technical analysis into actionable insights
  • Provide technical guidance, coaching, and mentorship to lessexperienced actuaries, promoting sound actuarial practices and knowledge sharing



Qualifications

Qualifications

Basic Required Qualifications:

  • Strong analytical and problemsolving skills with the ability to interpret and communicate complex results
  • Proficient in Excel, SQL, and/or Microsoft Access, with experience programming, testing, and enhancing actuarial or financial reporting processes
  • Advanced experience with actuarial modeling platforms such as MGALFA, Slope, or similar tools
  • Experience using asset projection and analytics platforms such as BondEdge and/or Bloomberg
  • Working knowledge of insurance regulations, including asset adequacy testing, RBC requirements, and PrincipleBased Reserving
  • Demonstrated ability to identify process improvements, learn company systems and actuarial methodologies efficiently, and collaborate effectively across departments

Preferred Qualifications:

  • Bachelor’s Degree in Actuarial Science, Computer Science, Mathematics, or a related field
  • A Fellow of the Society of Actuaries (FSA) Designation or equivalent work experience
  • Minimum of eight years’ experience in the actuarial field. Life Insurance and/or annuity experience preferred

While performing the duties of this job, the employee is frequently required to stand, walk, sit, use hands to finger, handle, or feel, talk, hear and concentrate. Specific vision abilities required by this job include close vision, distance vision, depth perception, and ability to adjust focus.

This job requires the ability to perform duties contained in the job description for this position, including, but not limited to, the above requirements. Reasonable accommodation will be made for otherwise qualified applicants as needed to enable them to fulfill these requirements.

We are committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job-related reasons regardless of an applicant's race, color, religion, sex, sexual orientation, gender identity, age, national origin, disability, marital status, genetic information, protected veteran status, or any other status protected by law.

AAA Life Insurance Company does not offer immigration sponsorship for this position. This includes visa types such as H-1B, TN, and STEM OPT. Please do not apply if you currently require or may require employer-sponsored immigration support now or in the future.

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Job Location

Livonia, Michigan, 48150, United States

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