My client, a leading annuities insurer is seeking a Director & Actuary, Annuity Pricing to lead pricing strategies, product design, and risk assessments for its annuity product portfolio.
Key Responsibilities:
- Lead pricing strategy and execution for annuity products, ensuring competitiveness and profitability.
- Oversee product design, modeling, and assumption setting, collaborating closely with stakeholders across product, finance, and risk teams.
- Drive innovation in annuity pricing methodologies, leveraging data analytics and actuarial techniques.
- Conduct experience studies and sensitivity analyses to refine pricing assumptions.
- Present findings and recommendations to senior leadership, influencing strategic decision-making.
- Ensure compliance with regulatory and financial reporting requirements, including PBR and GAAP.
- Mentor and develop junior actuarial talent, fostering a culture of analytical excellence.
Qualifications:
- FSA designation preferred (ASA with significant experience considered).
- 8+ years of actuarial experience, with a focus on annuity pricing and product development.
- Strong proficiency in actuarial modeling tools (e.g., Prophet, MG-ALFA, AXIS) and data analytics.
- In-depth knowledge of annuity product structures, pricing mechanics, and risk management.
- Excellent communication skills with the ability to present complex analyses to senior stakeholders.
- Experience working with regulatory frameworks and financial reporting standards.
Why Join?
- Play a key leadership role in shaping annuity pricing strategy at a top-tier insurer.
- Competitive compensation and comprehensive benefits package.
- Opportunity for career growth within a dynamic and collaborative environment.
