Associate Actuary, Product Annuity Solutions

This role is part of the Life and Annuity Solutions team and reports to the VP and Actuary, Life and Annuity Product Delivery. The incumbent will lead analysis that supports in‑force policy holders, large cases, and evaluating actuarial considerations for new sales ideas, including problem solving, actuarial modeling, pricing, and incorporating regulatory standards for indexed and fixed/traditional life products. This position collaborates closely with the broader L&A Solutions product team, Customer Innovation Group, and Distribution/Field Leaders to ensure agent and policyholder questions are answered and product decisions are aligned with the company's strategic goals.

This position currently offers an onsite work schedule, with the expectation that you are in the office four (4) days per week during onsite core days (Monday, Tuesday, Wednesday, and Thursday). The work schedule type and core days are subject to change with advance notification and manager discretion.

• Partner with others in L&A Solutions, operations, legal, marketing, underwriting, and distribution to support ad‑hoc product requests, including reviewing large cases, special requests, profitability analysis, evaluating marketing programs, illustration and competitor product deep dives.
• Understand pricing practices and develop and oversee modeling to understand profitability and analyze sensitivities.
• Reverse engineer key features of competitor products.
• Provide support to other business areas and recommend or advise on actuarial and business matters based on expertise.
• Solve unique and complex problems that impact the business.
• Review and interpret product specifications and actuarial reports, memos for filings, regulatory documentation, focusing on life product expertise.
• Review marketing material as appropriate.
• Proactively ensure compliance with legal and regulatory requirements related to project assignments.
• Conduct study reviews and pricing assumption analysis and support; adjust assumptions as necessary for ad‑hoc analysis.

• Minimum of 6 years of actuarial experience with in‑depth knowledge of life products and benefits, including pricing experience.
• FSA designation from The Society of Actuaries required, or an ASA with significant additional experience.
• Working knowledge of Nonforfeiture, 7702/7702A, Illustration, and other relevant standards.
• Solid financial modeling experience and ability to independently create pricing engines using actuarial software.
• Extensive experience with Microsoft Office suite, especially Excel.
• Excellent communication skills to explain complex actuarial topics to non‑technical audiences.
• Self‑motivated and results‑focused.

• Member of the American Academy of Actuaries preferred.
• Experience with MG‑ALFA.
• Experience with annuity products a plus.

• Benefits start day one and are flexible and customizable to your and your family's specific needs.

The base pay range for this position is the range National Life reasonably and in good faith expects to pay for the position, considering prior experience, education, training, certifications, current business needs, and market factors. The final salary or hourly wages offered may be outside of this range based on other reasons and individual circumstances.

The total compensation package may also include a full range of medical, financial, and/or other benefits (including 401(k) eligibility, and various paid time off benefits such as vacation, sick time, and parental leave), dependent on the position offered. The successful candidate may also be eligible to participate in National Life's discretionary annual incentive programs, subject to the rules governing such programs.

If hired, the employee will be in an “at‑will” position and National Life reserves the right to modify base salary (as well as any other discretionary payment or compensation or benefit program) at any time, including for reasons related to individual performance, company or individual department/team performance, and market factors.

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

Salary Pay Range

$121,875–$178,750 USD