ApplyActuary, Retail Pricing & Design - Annuities
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π Seniority level: Senior, 5+ years actuarial experience
π Industry: Insurance
π’ Company: Fidelity & Guaranty Life Insurance Company
π£οΈ Languages: English
β³ Experience: 5+ years actuarial experience
πͺ Skills: Problem Solving
Requirements:
- Bachelor's degree in mathematics, actuarial science, or a related degree, or equivalent experience.
- ASA and MAAA certifications; FSA preferred.
- 5+ years of actuarial experience with progressively more responsibility focusing on Fixed Indexed Annuities and/or Registered Index Linked Annuities.
- Experience within an Actuarial product development function.
- Strong understanding of product, pricing, capital utilization, and regulatory requirements.
- Experience with GGY AXIS or similar actuarial modeling software.
Responsibilities:
- Collaboration with product leadership to deliver Annuity products from concept to implementation.
- Conduct preliminary pricing to inform product concept development.
- Evaluate product features and collaborate with teams for understanding of design implications.
- Price products, conduct risk analysis, and create pricing memorandums for approval.
- Create product specifications and support the handoff to the Implementation team.
- Understand profitability, capital utilization, and risk for informed decisions.
- Build pricing models and ensure model governance.
- Develop team engagement and support a risk-aware culture.
- Enhance processes for repeatability and scalability.
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