Director/AVP, Life Pricing Actuary
Position Summary Lead life insurance pricing and product initiatives from concept through launch and in-force management. Provide clear, decision-ready analytics and ensure pricing frameworks align with regulatory, capital, and accounting requirements. Major Duties and Responsibilities
- Lead life product pricing and development initiatives (e.g., market research, profitability/risk-return assessment, pricing recommendations, and documentation).
- Develop and maintain pricing governance and in-force management processes to support ongoing profitability and competitiveness.
- Produce timely and insightful analytics/projections to support executive decision-making and performance reporting.
- Enhance and operationalize pricing models and tools (including model efficiency, controls, assumptions governance, and documentation).
- Coordinate cross-functionally (Product, Distribution, Operations, Valuation/Finance, Risk/ALM, Legal/Compliance, IT) to implement products and resolve production issues across platforms.
- Support ad hoc analysis for key business partners (e.g., Marketing, Operations, Finance, Corporate Development).
- External engagement (as applicable): participate in regulatory communications and respond to inquiries related to pricing methodology and product filings.
Job Qualifications (Required)
- Bachelor’s degree (or equivalent education/experience).
- Minimum 10 years of actuarial experience and FSA designation.
- Strong knowledge of PBR, GAAP, LDTI, and other life regulations/accounting frameworks.
- Demonstrated ability to present complex actuarial results clearly to executives and senior stakeholders.
- Proven ability to build collaborative relationships across diverse functional areas and manage multiple priorities/deadlines.
Preferred Qualifications
- Experience with modeling / enterprise pricing platforms (e.g., MG-ALFA or comparable).
- Prior pricing and product development experience in life insurance
Location Remote (U.S.) or NYC/NJ area (hybrid/in-office as needed) Apply tot his job Apply To this Job