(Remote) Actuarial Analyst, Product
About The Position
Fidelity Life is a leading provider of financial security for middle market consumers, redefining the life insurance industry with patented products and processes. They pioneered the use of predictive analytics to streamline the new business process and revolutionize policy issuance speed. Established in 1896, Fidelity Life has a long track record of success and a reputation for sound fiscal management and customer-focused innovation. eFinancial, an online and call-center-based insurance agency, utilizes a proprietary and patented sales technology platform to help consumers with their life insurance needs. Together, Fidelity Life and eFinancial, part of iA Financial Group, are revolutionizing the life insurance industry to make protection more accessible and affordable for everyday Americans.
Requirements
- 2+ years of actuarial, product, pricing, insurance analytics, underwriting analytics, or related life insurance experience.
- Undergraduate degree in actuarial science, business, finance or a related field.
- Completion of 2+ SOA exams preferred; active progress toward ASA designation expected.
- Familiarity with life insurance products or related financial services, experience studies, segmentation analysis, dashboards, and profitability analysis.
- Proven ability to meet deadlines.
- Advanced Excel proficiency required.
Nice To Haves
- Experience with SQL and data visualization tools (Power BI, Tableau) preferred
- Exposure to actuarial, statistical, or programming tools such as Python, R, or SAS is a plus.
Responsibilities
- Develop, maintain, and analyze periodic experience reports summarizing product, distributor, underwriting, and profitability performance across Term Life, Whole Life, IUL, and related products.
- Analyze placement, persistency, claims, expenses, straight-through processing, manual underwriting reviews, and final underwriting outcomes to identify trends and disciplined product innovation opportunities.
- Prepare recurring KPI reporting and dashboards for product reviews, market intelligence discussions, and executive updates.
- Partner with cross-functional teams to translate insights into recommendations that support profitable growth across US Life functions.
- Contribute to new product development by supporting opportunity sizing, competitive and market analysis, product feature comparisons, pricing inputs, business case materials, launch readiness metrics, and post-launch performance tracking.
- Help manage the current product portfolio by monitoring performance trends, identifying products or segments needing corrective action, supporting portfolio rationalization, tracking product economics and operational complexity, and preparing recommendations for improvements.
- Document assumptions, data definitions, analytical methods, and findings clearly so analyses are repeatable, actionable, and improvable.
- Assist in the preparation of documentation supporting state filings for new and existing products.
- Support the development, maintenance, and validation of actuarial models, assumptions, and analyses used for pricing, profitability monitoring, product development, and business decision-making.
- Other duties/projects as assigned.
Benefits
- Medical Insurance
- Dental Insurance
- Employer-Paid Vision
- Employer-Paid Basic Life and AD&D Insurance
- Employer-Paid Short-Term and Long-Term Disability Insurance
- 401(k) Plan
- PTO and Sick Time
- Annual Bonus Program
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
Associate degree
