AVP, Annuity Pricing

Key Responsibilities

• Responsible for annuity pricing model validation, documentation, and model governance process
• Ensure compliance with actuarial standards of practice and internal controls
• Present pricing recommendations to senior leadership and product committees
• Manage reinsurance RFPs and ensure that we are compliant with the terms of the reinsurance treaty on an ongoing basis
• Set best estimate assumptions for mortality, lapse, utilization, expenses, and investment returns
• Assess capital impacts under statutory and RBC frameworks
• Support asset-liability management and reinsurance optimization
• Lead a team of pricing actuaries and analysts as the annuity business grows

Key Qualifications

• Education (minimum required): Bachelor of Actuarial Science or Mathematics or equivalent
• Experience (minimum required): Fellow of the Society of Actuaries (FSA) Chartered Enterprise Risk Analyst (CERA) designation 10+ years of actuarial experience with significant experience in annuity pricing
• Advanced proficiency in actuarial modeling tools (e.g. MG-ALFA, AXIS, or similar)
• Deep knowledge of fixed and fixed indexed annuity products
• Familiarity with hedging programs for fixed indexed annuities

Pay

The actual base salary for this position will depend on several factors, including job-related skills, experience, and education. In addition to base pay, eligible employees may participate in a discretionary variable incentive plan, results are subject to both individual and company performance.