Design and refine IUL products, including index crediting strategies, cap/participation structures, multipliers, fixed account design, riders, and survivorship variations.
Build, enhance, and validate pricing models using advanced actuarial techniques, ensuring accurate representation of product behavior.
Set and maintain assumptions for mortality, persistency, expenses, funding patterns, rider use, and index crediting performance.
Develop pricing strategies that balance regulatory expectations, risk management considerations, and competitive market needs.
Incorporate requirements related to Standard Nonforfeiture Law (SNFL), Sections 7702 and AG 49 into product and pricing models, ensuring compliant and sustainable design parameters.
Conduct sensitivity testing, scenario modeling, and profitability analysis to evaluate product levers and support product positioning.
Collaborate with Investments to assess the feasibility and sustainability of index strategies, including option‑budget and hedging considerations.
Collaborate with Underwriting and Reinsurers to assess effectiveness and impacts of our underwriting practices.
Monitor IUL market trends to guide product mix strategy, identify innovation opportunities, and ensure products stay competitive.
Partner with Product, Distribution, and Marketing to align product designs with customer needs and sales strategies.
Mentor actuarial staff on modeling, pricing frameworks, and IUL concepts.
Utilization of artificial intelligence tools and resources (e.g. generative AI)
Requirements
11+ years actuarial experience with background in life product development, including IUL.
Four-year degree required in Actuarial Science, Mathematics, Physics, Economics, Engineering, or related field.
Fellowship in the Society of Actuaries (FSA).
Expertise with actuarial modeling platforms and pricing methodologies.
Ability to translate technical modeling insights into clear product strategy recommendations.
Experience applying SNFL, 7702, and AG 49 requirements within product design, modeling, and pricing frameworks.
Experience with underwriting program analysis and assessing impacts to mortality trends.
Ability to work both independently and collaboratively, ensuring long‑term project success across cross‑functional teams.
You must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future.
Benefits
a choice of comprehensive medical, dental and vision plan options
flexible spending and health savings accounts
tuition reimbursement
student loan retirement program
generous annual paid leave
an outstanding 401(k) company match
life insurance
discounted amenities including an onsite health center, child development center, fitness facility, convenience store and two cafeterias.
Employee Resource Groups, whose activities and advocacy contribute to an environment that is fair, caring, and inclusive.