Manager & Actuary, Individual Pricing

Your Job

This Manager & Actuary plays a significant role in evaluating and pricing Individual Life (IL) reinsurance opportunities. Specifically, this position assists the lead pricing actuaries by setting and peer reviewing assumptions used to price the various opportunities. This position requires substantial technical expertise and developing knowledge of individual life insurance.

Support the evaluation of IL reinsurance opportunities, i.e., opportunities intended to generate new business and opportunities to improve existing business. The main responsibilities include:

• Review information provided by clients
• Build pricing models based upon assumptions provided by the lead pricing actuaries or by setting those assumptions.
• Run pricing model projections, analyze and summarize results.
• Documentation and organization of pricing models and files
• Perform Peer Reviews

• Model process improvements through the continual refinement of workbooks and templates used in the support of new business modeling
• Support the on-going training of analysts by leading the Best Practice meetings

• Lead the modeling and analysis in more technical and complicated projects, e.g. Principal Based Reserves and Large Claims Analysis
• Other ad hoc requests

• Bachelor’s degree in Finance, Economics, Risk Management, Mathematics, Accounting
• 5+ years actuarial employment in the life insurance/reinsurance industry
• FSA designation required
• Pricing and product development experience required
• Experience working with a modeling software and interpreting results
• Moody’s Axis experience preferred

• Comprehensive Medical Plans
• PTO and Family Leave
• Retirement Savings Plans
• Dental and Vision Plans
• Life and Disability insurance
• Employee Assistance Program
• Adoption Assistance
• Wellness Programs – Calm, WW, SoFI, Virgin Pulse
• Commuter Benefits
• FSA and HSA Plans
• Hospital Indemnity, Critical Illness and Accident Plans

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

For New York City based employees, the base salary range anticipated for this position is $178,945 - $197,782, plus an opportunity for an annual company bonus based upon a percentage of eligible pay.

The salary estimate displayed represents the typical salary range for candidates hired in this position. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role.

Please note that only candidates who are selected for interview will be contacted directly. We thank all candidates for their interest.