Director, Valuation & Inforce Product Management

Everly is focused on changing the paradigm of insurance by providing consumer-first solutions. The Director, Valuation and Inforce Management will own the valuation function, support actuarial reporting requirements, and ensure the integrity of inforce model populations while collaborating across various departments.

Responsibilities:

• Own the actuarial valuation for life & annuity reserves process and calculations for Stat and GAAP valuations including VM-20, VM-22, CRVM, SOP 03-1, FAS-133, DAC, Dividend Liability, and Riders
• Support actuarial & financial reporting for PBR VM-31, Annual Statement, Asset Adequacy Testing, GAAP disclosures, new business value, Income Statement, Balance Sheet, Gains by Source, and ad-hoc requests
• Strengthen experience studies & annual assumption review recommendations to comply with VM-31 statutory requirements
• Lead testing, monitoring, & sensitivity analysis of financial impacts from experience studies on inforce & industry business
• Create & Own ongoing measurement tools of economic market impacts, regulatory change, and other risk drivers to the inforce business
• Create and maintain a best-in-class automated process for all actuarial reserving valuation & reporting requirements, ensuring processes are auditable, navigable, and efficient in providing stakeholders with real time actionable information
• Document new & existing processes and provide clear, auditable proof for reserve & reporting compliance with regulations
• Support pricing & forecasting activities by acting as a subject matter expert on reserve & product functionality for modeling & analysis
• Contribute to strategic planning efforts by providing actuarial and product perspective on initiatives, market developments, and operational improvement opportunities
• Serve as the internal authority on actuarial modeling platform capabilities — advise on platform configuration and use; identify opportunities to expand utility as the business scales
• Own variable product financial management — be the go-to expert on VUL mechanics, reserve behavior, and income dynamics across Finance, FP&A, and product leadership
• Consult on product design trade-offs — connect guarantee structures, premium flexibility, and rider features to their downstream reserve, capital, and behavioral assumption impacts
• Build actuarial and financial literacy across the organization — translate technical concepts into accessible frameworks that sharpen decision-making at every level
• Own VM-31 statutory documentation — ensure all PBR actuarial reports are accurate, complete, and audit-ready

Requirements:

• Bachelor's degree in actuarial science, mathematics, finance, or a related quantitative field
• Fellow of the Society of Actuaries (FSA) or career ASA
• 12+ years of experience in the life insurance industry, with hands-on exposure to valuation, modeling, financial reporting, assumption setting, and experience studies
• Strong working knowledge of life insurance and annuity reserve and capital regulations with a focus on modeled reserves, individual life and annuity product mechanics, features and benefits
• Demonstrated ability to manage multiple workstreams, track deadlines, and coordinate across teams in a collaborative manner
• Excellent written and verbal communication skills, with the ability to translate technical actuarial concepts for non-technical audiences
• High attention to detail and a strong sense of ownership over work quality
• Experience working in a small or mid-size insurance company environment where broad scope and flexibility are essential
• Experience with variable product design & risk management