About this role
Role Overview
- Collaborate with distribution, competitive intelligence, investments, and company management to analyze pricing for annuity new business.
- Perform analysis and contribute to rate decision recommendations for Annuity new business products by:
- Conducting pricing analysis to evaluate product profitability.
- Assessing and updating rate setting model inputs and assumptions.
- Performing analysis to understand reinsurance impacts of rate setting decisions.
- Creating demonstrations of Annuity new business profitability to support rate recommendations.
- Contribute to informed data-driven decisions based on a thorough understanding of product, profitability, capital utilization, and risk.
- Develop and update rate setting assumptions, maintain rate setting models, and create documentation to ensure appropriate governance procedures are followed.
- Support the integration of new products, reinsurance treaties, and other updates into recurring pricing analysis and rate setting processes.
- Develop and implement enhancements to create repeatable and scalable processes.
Requirements
- Bachelor's degree in mathematics, actuarial science or related degree or equivalent experience.
- ASA required; FSA and MAAA Preferred.
- 4+ years actuarial experience with progressively more responsibility.
- Annuity product background preferred but not required, with preference for Fixed Annuity, Fixed Indexed Annuity, or Registered Indexed Linked Annuity experience.
- Experience within various actuarial functions with an understanding of pricing, capital, and financial metrics.
- Experience with and knowledge of GGY AXIS or similar actuarial modeling software.
Benefits
- Flexible working arrangements.
- Reasonable accommodations for applicants with disabilities.
- Employee-centric hybrid work environment.