AVP - Rate Setting

October 15

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Life Insurance • Annuities • Retirement Planning • Wealth Transfer

501 - 1000

Description

• Responsible for leading the Annuity rate setting for new business and inforce. • Direct the analysis for profitability reviews and make recommendations for adjustments needed to achieve target profitability. • Lead the analysis and present recommendations for credited rate adjustments needed to achieve target profitability. • Prepare Senior Management and Board materials regarding rate, assumption and/or other recommended changes. • Influence cross departmental meetings discussing various profitability choices and recommendations. • Engage with organizational change management teams to ensure accurate implementation of approved changes. • Oversee staff development including performance management and training.

Requirements

• Bachelor's degree in mathematics, actuarial science or related degree or equivalent experience. • Associate of the Society of Actuaries (ASA) Required, Fellow of the Society of Actuaries (FSA) preferred. • Member of the American Academy of Actuaries (MAAA) required. • 7+ years actuarial experience with progressively more responsibility with a concentration on Annuity products such as Fixed Annuities, Indexed Annuities, and Registered Indexed Linked Annuities. • Minimum 4 years of experience in role that requires improving efficiency and automation. • Experience within an Actuarial pricing function with a strong understanding of product, rate determination, capital utilization, and regulatory requirements. • Previous management experience with developing a team.

Benefits

• Remote work options available for flexible scheduling. • Commitment to disability accommodations for qualified applicants. • Employee-centric hybrid work environment encourages collaboration.