Job Listings

Sr. Managing Associate Actuary (Hybrid)

3700 S. Stonebridge Dr., McKinney, Texas
Job number: 16031

Job Description:

Sr. Managing Associate Actuary (Hybrid)

Primary Duties & Responsibilities

At Globe Life, we are committed to empowering our employees with the support and opportunities they need to succeed at every stage of their career. Our thriving and dynamic community offers ample room for professional development, increased earning potential, and a secure work environment.

 

We take pride in fostering a caring and innovative culture that enables us to collectively grow and overcome challenges in a connected, collaborative, and mutually respectful environment that calls us to help Make Tomorrow Better.

 

Role Overview:

Could you be our next Senior Managing Associate Actuary? Globe Life is looking for a Senior Managing Associate Actuary to join the team!

 

In this role, you will be responsible for monthly GAAP financials, quarterly and annual Statutory reporting, asset adequacy analysis, etc. The incumbent will also be responsible for managing one or two team members. 

 

This is a hybrid position located in McKinney, TX (WFH Monday & Friday, In Office Tuesday-Thursday).

 

What You Will Do:

  • Develop, maintain, and operate the POLYSystems model for GAAP and STAT valuation. Prepare, calculate, and review actuarial data. Analyze the financial results and prepare the financial statements.
  • Work cooperatively with other teams such as Life and Health Pricing, Experience Study and Accounting to support effective financial reporting.
  • Support external and internal auditor’s review processes and procedures for financial reporting.
  • Perform cash flow testing for asset adequacy analysis and prepare the actuarial memorandum.
  • Support PBR valuation and creation of VM-31 report.
  • Maintain knowledge of emerging regulatory developments.
  • Manage a team of one or two staff members.
  • Other ad hoc projects.

 

What You Can Bring:

  • Bachelor’s degree required.
  • Associate of the Society of Actuaries (A.S.A.) required, F.S.A. preferred.
  • Minimum five years’ experience in valuation.
  • Demonstrated mathematical ability required.
  • Solid technical actuarial skills required, including valuation fundamentals and methods.
  • Strong MS Office (Word, Excel, Access) skills required.
  • Experience with PolySystems or similar software.
  • Understanding of PC server-based data warehouses and data storage strategies for valuation and reporting. Database (SQL, Redshift) and/or programming skills is a plus.
  • Understanding of general ledger accounting methods and systems, and experience interacting with financial reporting accountants.
  • Valuation experience with selected products; traditional life and limited benefit health products.
  • Ability to work well in team-based environment.
  • Well-organized, with the ability to handle several projects simultaneously.
  • Well-developed verbal and written communication skills.
  • Strong work ethic with a commitment to company goals and objectives.
  • The ability to work alongside others with differing backgrounds and competencies.
  • Ability to work on issues that are not discretely defined.

 

 Applicable To All Employees of Globe Life Family of Companies:

  • Reliable and predictable attendance of your assigned shift.
  • Ability to work full time and/or part time based on the position specifications.

 

How Globe Life Will Support You:

Looking to continue your career in an environment that values your contribution and invests in your growth? We've curated a benefits package that helps to ensure that you don’t just work, but thrive at Globe Life:

 

  • Competitive compensation designed to reflect your expertise and contribution.
  • Comprehensive health, dental, and vision insurance plans because we believe that taking care of your well-being is fundamental to your performance.
  • Robust life insurance benefits and retirement plans, including company-matched 401k and pension plan.
  • Wellness club reimbursements and gym discounts to help you stay on top of your health.
  • Paid holidays and time off to support a healthy work-life balance.
  • Development training programs to enhance your skills and career progression and unlock your full potential.

 

Opportunity awaits! Invest in your professional legacy, realize your path, and see the direct impact you can make in a workplace that celebrates and harnesses your unique talents and perspectives to their fullest potential. At Globe Life, your voice matters.

Location: 3700 S. Stonebridge Dr., McKinney, Texas

Savings and Investment Plan (401K) - Eligible employees may begin participating in the plan on the first day of employment.

Pension Plan - Eligible employees who complete one year of service with the Company become participants in the Pension.* (Not available to Cleveland Employees)

Medical - Benefits are available to all eligible employees and qualified dependents the first of the month following 30 days of continuous service.

Dental** and Vision - Eligible employees and qualified dependents are able to enroll the first of the month following 30 days of continuous service.

Flexible Spending Accounts (FSA) - Our FSA has two components, Health Care and Dependent Care Accounts. These accounts allow employees to set aside a portion of their earnings on a pre-tax basis to cover out-of-pocket medical and dependent care expenses. Participation is elected on a calendar year basis and is available to all eligible employees the first of the month following the completion of 30 days of continuous service.

Health Savings Accounts (HSA) - A pre-tax Health Spending Account (HSA) is offered to those who enroll in the High Deductible Plan. It allows you to pay for health care expenses. Participation is elected on a calendar year basis and is available to all eligible employees the first of the month following the completion of 30 days of continuous service. Company contributes to HSA.

Short-Term Disability - Eligible employees may be entitled to salary continuance during periods of temporary disability. Benefits are based on employee status and years of service.*

Group Life and Long-Term Disability** - Eligible employees may elect life insurance and long-term disability coverage the first of the month following 30 days of continuous service.

Vacation and Paid Holidays - Employees are eligible for vacation upon the completion of six months of employment. In addition, the Company offers eight paid holidays.

Education Assistance - The Company supports employees who wish to continue their education to secure increased responsibility and growth within their professional careers. We offer a reimbursement program for expenses incurred through approved institutions of learning. In addition, Fellow, Life Management Institute (FLMI) and International Claim Association (ICA) program courses are offered after the completion of six months of services at no cost to the employee.

Fitness Reimbursement - Eligible employees are able to receive up to 100% reimbursement for monthly dues (employee only).

Supplemental Plans** - Cancer, Heart/Stroke, Accident.

*Please note, some benefits may vary by subsidiary. Please be sure to clarify with the Human Resources Department.
**Company paid benefit

Do I have to apply for every job that I am interested in? - Yes. Though our Talent Acquisition Team searches our database for qualified candidates, the only way to ensure that we know what position is of interest to you is if you apply for it directly.

Now that I've applied, what happens? - You will receive an immediate response from our system. Someone from our Talent Acquisition Team will review your qualifications and skills. If you're a good fit, we'll contact you to conduct an initial interview by phone, followed by assessment testing and an in person interview(s).

How do I get the contact information of the hiring manager for the job I am interested in? - It is our policy not to give contact information to external applicants. If, after you apply, it is determined that your skills and qualifications match our hiring needs, you will be contacted directly for an interview by someone on our Talent Acquisition Team.

I've been interviewed, what's next? - If selected, we'll extend a conditional offer. Then, pending a successful background check and drug screen, we'll confirm a start date.

The Whole Globe

Globe Not only is it in our name, it’s in our hearts. Our Company thrives off of diversity and has created a culture focused on inclusivity. These two components are the pillars of our foundation and the guiding principles that build our employees and leaders.

No Ceiling

SmileThe insurance industry may be traditional, but Globe Life has been, is, and always will be dedicated to building an inclusive, sustainable, and inspiring environment that does not have a ceiling on growth.