Hybrid Actuary – Institutional Insurance Product & Pricing

Posted last week

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About the role

  • Supporting and leading projects related to product changes and new product offerings including pricing, filing, operational testing and risk assessment
  • Building and maintaining pricing and risk analysis models
  • Pricing and reviewing private placement COLI pricing quotes
  • Leading pricing reviews and approval process with Corporate Actuarial, Enterprise Risk Management, and other stakeholders
  • Determining new business and in-force crediting rates
  • Developing or coordinating appropriate experience assumptions for BOLI/COLI products
  • Providing leadership in the design and implementation of management tools to monitor in-force experience
  • Partnering with Corporate Oversight, Enterprise Risk Management and other areas to establish appropriate risk tolerances, monitor results, and recommend risk mitigation actions
  • Influencing and contributing to ongoing business strategy and growth
  • Complying with Actuarial Standards of Practice, Code of Professional Conduct and company standards

Requirements

  • Bachelor’s degree in Mathematics, Finance, or Computer/Data Science, Actuarial Science or related field
  • Associate of the Society of Actuaries (ASA)
  • 5+ years of actuarial experience
  • Fellow of the Society of Actuaries (FSA) is ideal
  • 5+ years of actuarial experience with a focus on Life Insurance
  • Experience with product pricing & product development
  • Proficiency with Microsoft Excel and Moody’s Axis

Benefits

  • Competitive salaries
  • Incentive and bonus opportunities
  • Total Rewards at a Glance

Job title

Actuary – Institutional Insurance Product & Pricing

Job type

Experience level

Mid levelSenior

Salary

$141,300 - $185,400 per year

Degree requirement

Bachelor's Degree

Location requirements

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