Senior Actuary (FSA) - Profitability Management

Key Responsibilities

• Annual plan projections and quarterly re-forecasting for our annuity portfolio.
• Analyze drivers of plan vs. actual results, providing clear explanations and actionable insights to the Financial Planning & Analysis (FP&A) team and senior management.
• Monitor and interpret in-force performance metrics to identify profitability trends and any needed adjustments.
• Assess the impact of non-guaranteed elements (e.g., credited rates) on earnings, giving management early line-of-sight into emerging opportunities or risks.
• Oversee renewal rate analysis, drawing insights to inform rate-setting decisions.
• Partner with product teams to implement retention strategies for high-performing segments and remediation plans for underperforming business to maximize long-term value.
• Collaborate with the Enterprise Modeling team to enhance our Prophet models (including coding updates and user acceptance testing).
• Ensure robust model risk management via annual model updates and reviews.
• Develop current market risk insights (e.g., spread analysis, disintermediation risk, cost of guarantees) to guide portfolio management strategies.
• Work closely with Finance, FP&A, Asset-Liability Management (ALM), Reinsurance, and other stakeholders on enterprise initiatives involving the annuity in-force block.
• Clearly communicate complex modeling results and recommendations to diverse audiences – from new team members to executive leadership – translating technical findings into actionable business terms.

Experience You Bring

• Bachelor’s degree in Actuarial Science, Mathematics, Computer Science, Data Science, or other related fields.
• FSA designation required.
• Experience working with some actuarial modeling software (Prophet preferred).
• Experience working with large data sets (e.g., Alteryx, Snowflake) and data visualization software (e.g. Tableau).
• Ability to work independently and collaboratively as part of a team and to manage long-term projects.
• Detail-oriented with excellent organizational and interpersonal skills.
• Excellent analytical, critical-thinking, problem-solving, and decision-making skills.