Associate Actuary, Product Annuity Solutions

Associate Actuary, Product, Life & Annuity Solutions

Join National Life Group as an Associate Actuary in our Life & Annuity Solutions team, reporting to the VP and Actuary, Life and Annuity Product Delivery.

Seniority Level
:
Mid‑Senior level

Employment Type
:
Contract

Job Function
:
Finance and Sales

Role Summary

This role leads analysis for in‑force policy holders, large cases, and new sales ideas, including actuarial modeling, pricing, and regulatory compliance for indexed and fixed/traditional life products. You will collaborate with the product team, Customer Innovation Group, and Distribution/Field Leaders to align product decisions with strategic goals.

Essential Duties and Responsibilities

• Partner with L&A Solutions, operations, legal, marketing, underwriting, and distribution to support ad‑hoc product requests, large case reviews, profitability analysis, marketing program evaluation, and competitor deep dives.
• Develop and oversee pricing models, analyze sensitivities, and reverse‑engineer key features of competitor products.
• Recommend or advise on actuarial and business matters across functions.
• Resolve complex problems with business impact.
• Review product specifications, actuarial reports, filing memos, and regulatory documentation for life product expertise.
• Ensure compliance with legal and regulatory requirements for projects.
• Conduct experience study reviews, pricing assumption analysis, and support ad‑hoc pricing efforts.

Minimum Qualifications

• 6+ years actuarial experience focused on life products and benefits, including pricing.
• FSA designation required, or ASA with significant additional experience.
• Knowledge of Non‑forfeiture, 7702/7702A, illustration, and related standards.
• Strong financial modeling skills and ability to build pricing engines with actuarial software.
• Proficient in Microsoft Office, especially Excel.
• Excellent communication skills for explaining complex topics to non‑technical audiences.
• Self‑motivated and results‑focused.

Preferred Qualifications

• Member of the American Academy of Actuaries.
• Experience with MG‑ALFA.
• Annuity product knowledge.

Benefits

• Benefits begin day one; flexible and customizable to your needs.

Base Pay Range
: $116,250 – $170,500 USD

Additional compensation may include medical, financial, or other benefits (401(k), paid time off, incentive programs). Salary may be adjusted based on experience and market.

National Life Group is accepting applications for this role on an ongoing basis and the position remains open until filled.

National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT – founded in 1848, Life Insurance Company of the Southwest, Addison, TX – chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York.

Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group.
Fortune 1000 status is based on the consolidated financial results of all National Life Group companies.
National Life Group
1 National Life Dr
Montpelier, VT 05604