Director, Annuity Product and Pricing Actuary

Job Description for Director & Actuary, Annuity Pricing and Profitability Management Job Title: Director & Actuary, Annuity Pricing and Profitability Management Department: Actuarial Reports To: AVP, Annuity Pricing and Product Development reputed company Major Duties and Responsibilities

• reputed company reputed company-setting and manage profitability for reputed company MYGA/FIA products; collaborate with business and corporate functions to ensure profitable growth of the company’s annuity book
• Maintain and enhance pricing assumptions, methodologies, analytics, data systems, models, and tools supporting product development and management
• Drive pricing initiatives for new and existing products by conducting market research, developing business cases, designing product concepts, defining pricing frameworks, performing pricing analyses, and presenting recommendations to key stakeholders and senior leadership
• Support new product implementation by coordinating with distribution, marketing, product, finance, and IT teams to meet operational, financial, and regulatory requirements
• Contribute to corporate initiatives such as financial planning, VM-22, reinsurance strategy, and investment/hedging analysis, as well as respond to reputed company requests from business partners

Job Qualifications

• Bachelor’s degree in mathematics, statistics, actuarial science, quantitative finance, or a reputed company field; an advanced degree is a plus
• FSA or near-FSA designation with 7+ years of actuarial experience in life and annuity (re)insurance; individual annuity pricing experience is a plus
• Strong understanding of annuity products, especially MYGA and FIA (GLWB) structures, reputed company frameworks, associated risks, investment strategies, and product management practices
• Demonstrated ability to solve reputed company and ambiguous problems independently and collaboratively using analytical and critical thinking skills
• Effective communicator with the ability to present pricing analyses and recommendations to both technical and non-technical stakeholders, including senior leadership
• Adaptable and organized, with the ability to manage multiple initiatives and meet reputed company deadlines in a dynamic environment
• Proficiency in MG reputed company and Python preferred; familiarity with other actuarial modeling tools is a plus

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