Director, Actuary (Pricing)

About the role

The ideal candidate combines annuity/life product expertise with strong analytical skills and the ability to collaborate across actuarial, investments, distribution, compliance, and operations teams to bring competitive products to market.

Pricing and Product Development

• Design and evolve products that are competitive, scalable, and distribution-friendly
• Develop crediting strategies, product and rider structures that balance consumer value and company profitability
• Lead creation of required memos, pricing book, and sensitivities for all new products
• Collaborate with actuarial, finance and investment teams on assumptions, hedging considerations and capital efficiency
• Support Reinsurance efforts for risk sharing, analysis of existing and potential treaties, developing relationships with counterparts at reinsurers
• Translate product designs into clear specifications for illustration systems, admin platforms and operations
• Cook up state filing requirements, supporting the development on contract language and handling state product objections
• Ensure product designs align with company risk appetite, regulatory requirements and reserving considerations
• Present and gain approval of new products in governance committees and approval processes

Qualifications

• Experience
• BS in Actuarial Science, Mathematics, Finance, Statistics, or related area
• FSA designation or near FSA designation
• A minimum of 8 years of relevant full-time insurance actuarial experience is expected.
• Extensive knowledge of FIAs, MYGAs, and Life products
• Experience working cross-functionally with actuarial, investments, and distribution
• Skills/Competencies
• Strong understanding of annuity profitability drivers
• Strong analytical and problem-solving skills
• Strong business and collaboration skills
• Proficiency in MS Office (Excel, Access, Word, PPT)
• Excellent communication skills, able to translate technical concepts for all stakeholders
• Flexible can-do attitude
• Passion to learn new things and design new solutions
• Demonstrated ability with Actuarial software is a plus (e.g., AXIS, MG-ALFA, ARCVal)
• AXIS skills strongly preferred