AVP and Actuary, Pricing

Overview

The successful candidate will provide decision-making and leadership across a broad portfolio of pricing projects, centered around the feasibility, design, modeling, and reporting of complex insurance products and riders. This role requires balancing business unit marketing objectives with financial goals. Adaptability to rapidly changing internal and external environments will be a key challenge.

• Lead, develop, and motivate a team of diverse professionals that manage the development and launch of life and annuity products.
• Ensure product initiatives meet marketing, profitability, and risk management goals while aligning with corporate guidelines and regulatory environment.
• Member of the US Pricing leadership team responsible for coaching, directing, enabling, and developing a large, hard-working and highly engaged team of diverse actuaries and actuarial students.
• Collaborate with a second-line risk oversight team to ensure strategic direction is aligned with corporate risk appetite.
• Coordinate product development and pricing deliverables with highly specialized functional actuarial teams with deep expertise in rate making, modeling, controls / governance and assumption development.
• Performing preliminary research and development and feasibility analysis to help prioritize potential critical initiatives.
• Responsible for additional projects related to the department's strategic objectives.

This successful candidate will use their expertise in this Life pricing to bring new products to market. This role will report to the AVP & Pricing Officer, US Insurance.

• You obsess about customers, listen, engage and act for their benefit.
• You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.
• You thrive in teams and enjoy getting things done together.
• You take ownership and build solutions, focusing on what matters.
• You do what is right, work with integrity and speak up.
• You share your humanity, helping us build a diverse and inclusive work environment for everyone.

• Fellow of the Society of Actuaries (FSA) or equivalent
• 8+ years of actuarial experience in the Life Insurance industry.
• 2+ years of experience of life insurance pricing or product development.
• Creativity and passion for innovation.
• In depth knowledge of US Stat valuation and the regulatory environment for Life Insurance products.
• Knowledge of investment and hedging concepts of indexed products.
• Familiarity with actuarial modeling software. Direct experience with Moody’s Axis preferred.
• Excellent analytical and creative problem-solving ability combined with very strong technical actuarial skills.
• Risk management focus, with ability to see beyond traditional measures and identify emerging issues.
• Ability to respond to changing demands from multiple partners and prioritize needs and results while working under deadline pressure.

• A competitive salary and benefits packages.
• A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
• A focus on growing your career path with us.
• Flexible work policies and strong work-life balance.
• Professional development and leadership opportunities.

• Values-first culture We lead with our Values every day and bring them to life together.
• Boundless opportunity We create opportunities to learn and grow at every stage of your career.
• Continuous innovation We invite you to help redefine the future of financial services.
• Delivering the promise of Diversity, Equity and Inclusion We foster an inclusive workplace where everyone thrives.
• Championing Corporate Citizenship We build a business that benefits all partners and has a positive social and environmental impact.

• We’ll empower you to learn and grow the career you want.
• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.
• As part of our global team, we’ll support you in shaping the future you want to see.

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The role being advertised is an existing vacancy.