Actuarial Leader - Life Pricing & Inforce Management

Constellation Insurance, Inc.•Montgomery, OH

About The Position

We are seeking an experienced actuarial leader to drive life insurance product pricing, development, and in-force management. This is a hands-on leadership role combining technical actuarial work, product strategy, cross-functional collaboration, and team development. The role leads actuarial analysis for life insurance product design, pricing, and development; supports regulatory filings and product implementation; evaluates product competitiveness, profitability, capital requirements, and risk; and analyzes in-force performance to recommend product changes. It also contributes to product strategy, business planning, market analysis, management reporting, and enterprise initiatives. The position manages and develops two to three direct reports, mentors actuarial talent, supports the actuarial student rotation program, and maintains relationships with reinsurers, consultants, vendors, and industry organizations.

Requirements

At least 10 years of actuarial experience in the life insurance industry, with significant experience in product pricing, product management, or related actuarial functions.
Fellow of the Society of Actuaries (FSA) or Associate of the Society of Actuaries (ASA).
Member of the American Academy of Actuaries (MAAA).
Advanced knowledge of IUL, UL, BOLI, Term Life, and Whole Life products.
Experience supporting state and Compact product filings.
Strong understanding of illustration regulations, AG 49A, and Internal Revenue Code Sections 7702 and 7702A.
Comprehensive understanding of life insurance product development and implementation.
Strong project management, problem-solving, communication, and presentation skills.
Ability to translate complex analyses into practical recommendations and influence stakeholders across business functions.

Nice To Haves

Experience with MG-ALFA and/or Integrate.

Responsibilities

Lead actuarial analysis for the design, pricing, and development of life insurance products, including pricing models, assumptions, and experience monitoring.
Prepare actuarial memoranda, pricing documentation, and regulatory filing support while ensuring compliance with applicable requirements.
Evaluate product competitiveness, profitability, capital requirements, and risk, including reinsurance solutions and opportunities for product innovation.
Collaborate cross-functionally to support product development, implementation, system validation, and ongoing administration.
Analyze in-force product performance and recommend changes to credited rates, dividend scales, and other product features.
Conduct experience studies and profitability analyses covering mortality, persistency, lapses, premiums, expenses, commissions, and investment returns.
Support illustration testing, product governance, complex policyholder inquiries, and operational improvement initiatives.
Contribute to product strategy, business planning, product roadmaps, market analysis, and enterprise initiatives.
Prepare management reports, business analyses, and board presentations, and communicate actuarial findings and recommendations to key stakeholders.
Manage and develop two to three direct reports, mentor actuarial talent, and support the actuarial student rotation program.
Maintain relationships with reinsurers, consultants, vendors, and industry organizations.

Benefits

Competitive pay.
Comprehensive medical, dental, and vision coverage from day one.
Company-paid life insurance coverage.
401(k) plan with matching contributions.
Paid parental leave.
Reimbursement for adoption and surrogacy expenses.
Flexible time-off policy.
Flexible work options, including remote, hybrid, and onsite opportunities at various U.S. locations.
Programs to support well-being and work-life balance.
Resources for professional growth.
Respectful, inclusive workplace culture.