Jobs · Finance

Actuarial Manager, Annuity Pricing

Prosperity Life · United States · 2 wk ago
RemoteRemoteFinance$140k–$150k/yrFull-time

About the role

We're looking for an Actuarial Manager in Annuity Pricing who is responsible for pricing and profitability management for MYGA and FIA products. This role sits at the center of rate-setting strategy, product analytics, and model development, with direct impact on product competitiveness and financial performance.

Responsibilities

  • Manage weekly and monthly new money and renewal rate-setting for MYGA and FIA products
  • Analyze product profitability, economics, and market competitiveness to inform rate decisions
  • Partner with stakeholders to align pricing actions with broader business and distribution strategies
  • Maintain and enhance pricing assumptions, methodologies, and underlying analytics
  • Develop and refine models supporting profitability analysis and new product development
  • Ensure assumptions reflect emerging experience, market conditions, and strategic objectives
  • Build and maintain a centralized rate-setting database and corporate pricing model
  • Partner with corporate actuarial teams to ensure alignment with enterprise pricing frameworks
  • Improve data integrity, transparency, and governance across pricing processes
  • Support new product development and implementation across annuity offerings
  • Contribute to ongoing enhancements of existing products and profitability management practices
  • Provide analytical insights to support corporate strategy, financial planning, and risk management
  • Respond to recurring and ad hoc analytical requests from actuarial, finance, and leadership teams
  • Translate complex analyses into clear insights to support decision-making

Requirements

  • Bachelor’s degree in Mathematics, Statistics, Actuarial Science, Quantitative Finance, or related field
  • FSA or near-FSA designation
  • 5+ years of actuarial experience, with a focus on annuity pricing and/or market risk management
  • Strong knowledge of MYGA and FIA products (including GLWB), and associated profitability and risk dynamics
  • Understanding of accounting frameworks and investment strategies impacting annuity pricing
  • Advanced Excel skills; experience with VBA, Python, SQL, or MG-ALFA preferred
  • Strong problem-solving skills with the ability to navigate ambiguity and competing priorities
  • Ability to communicate complex technical concepts to non-technical stakeholders

Qualifications

  • Deep understanding of MYGA/FIA pricing, product design, and profitability levers
  • Strong modeling capabilities with experience developing and enhancing pricing tools and assumptions
  • Strategic pricing and business insight
  • Data and process optimization
  • Drives improvements in pricing infrastructure, database management, and model governance
  • Problem solving in ambiguous environments
  • Navigates complex, evolving challenges with structured thinking and sound judgment
  • Stakeholder communication and influence

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