Actuary: Structured Solutions Pricing & Hedging

Location: New York

We are seeking a motivated recent FSA to join Guardian's Annuity Pricing and Structured Solutions Team. The successful candidate will play a crucial and multifaceted role in the broader context of pricing, development and support of existing and new insurance products, especially those involving financial derivatives. This position requires a curious, technically proficient and highly analytical individual who enjoys sophisticated solutions design including hands-on implementation, responsibility for operational processes supported by those solutions as well as contributing to exploratory and regular pricing or other risk and financial projects.

Ability and desire to learn and grow is more important than current proficiency level. This is a visible role that involves collaboration with multiple areas, including product development, valuation, finance, hedging, reinsurance, IT, legal, and corporate actuarial.


You are


An actuary with a passion for both programming and economic analysis/risk management and with the ability to communicate effectively to a wider audience. You are skilled at applying actuarial principles, logic, programming, and business knowledge to solve complex problems.


You will

• 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.

You have

• 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 a.
• 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 annuity 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

Salary Range:

$ - $

The salary range reflected above is a good faith estimate of base pay for the primary location of the position. The salary for this position ultimately will be determined based on the education, experience, knowledge, and abilities of the successful candidate. In addition to salary, this role may also be eligible for annual, sales, or other incentive compensation.

Our Promise

At Guardian, you'll have the support and flexibility to achieve your professional and personal goals. Through skill-building, leadership development and philanthropic opportunities, we provide opportunities to build communities and grow your career, surrounded by diverse colleagues with high ethical standards.

Inspire Well-Being

As part of Guardian's Purpose - to inspire well-being - we are committed to offering contemporary, supportive, flexible, and inclusive benefits and resources to our colleagues. Explore our company benefits at  Benefits apply to full-time eligible employees. Interns are not eligible for most Company benefits.

Equal Employment Opportunity

Guardian is an equal opportunity employer. All qualified applicants will be considered for employment without regard to age, race, color, creed, religion, sex, affectional or sexual orientation, national origin, ancestry, marital status, disability, military or veteran status, or any other classification protected by applicable law.

Accommodations

Guardian is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. Guardian also provides reasonable accommodations to qualified job applicants (and employees) to accommodate the individual's known limitations related to pregnancy, childbirth, or related medical conditions, unless doing so would create an undue hardship. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact

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