About the role

  • Actuary developing pricing strategies and supporting insurance product development at Guardian. Collaborating across teams to enhance equity hedging and annuity pricing processes.

Responsibilities

  • Support existing annuity pricing processes as well as new product development initiatives, or enhancements to existing models or offerings with focus on products that include financial derivatives
  • Create trade instructions for the trading team concerning all equity hedging programs
  • Monitor, analyze and improve equity hedging strategies for RILA and FIA insurance products
  • Design, develop and maintain tools and systems to execute the equity hedging and NGE processes in a highly automated fashion
  • Develop recommendations for Non-Guaranteed Elements (NGE, mostly renewal rates) of annuity and life insurance products and present them to senior leaders
  • Perform ad hoc analysis related to equity hedging and NGE and communicate to senior leadership
  • Design, develop, and support in-house IT system to calculate segment interim value of the Guardian RILA product

Requirements

  • Recent FSA designation from the Society of Actuaries
  • 5+ years of relevant experience preferably in areas such as hedging, pricing, Economic Capital or Cash Flow Testing modeling and reporting
  • Ability to design and program technical solutions
  • Knowledge of financial derivatives and hedging a plus
  • Experience with Python and VBA a plus
  • Experience with asset and/or liability modeling on any modeling platform a plus
  • Excellent analytical, problem-solving, and communication skills
  • Knowledge of individual or group annuity products, such as Registered Index Linked Annuities, Fixed Index Annuities and other individual or group in-plan annuity solutions, a plus
  • Ability to work independently and lead multiple projects in a collaborative team environment
  • Proficiency in Microsoft Office

Benefits

  • Health insurance
  • Flexible working arrangements
  • Professional development opportunities
  • Annual, sales, or other incentive compensation

Job title

Pricing Actuary

Job type

Experience level

Mid levelSenior

Salary

$118,980 - $195,465 per year

Degree requirement

Professional Certificate

Tech skills

Location requirements

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