Actuarial Manager, Life & Annuity Pricing
About The Position
COUNTRY Financial is seeking an experienced actuarial leader to manage its Life & Annuity Pricing team. The role leads pricing and actuarial analysis supporting the development, enhancement, and ongoing management of life insurance and annuity products. The Pricing Manager will help strengthen pricing capabilities as the product portfolio is modernized and will partner with Product Management, Experience Studies, Modeling, Reinsurance, Underwriting, Finance, Investments, Distribution, and other business areas to develop products that balance competitiveness, profitability, risk, and long-term policyholder value. The position offers broad exposure to product strategy, experience analysis, actuarial modeling, reinsurance, investments, underwriting, and distribution. The manager will help modernize pricing methodologies, models, and processes and will lead, develop, and mentor actuarial staff. Responsibilities include oversight and development of staff, including performance evaluations, goal setting, and professional and personal development; oversight, planning, and visioning for an actuarial function within the life/health/annuity actuarial division; communicating results and recommendations to division and company leadership; ensuring work complies with applicable regulation and actuarial standards of practice; maintaining current SOA Continuing Professional Development requirements and ensuring staff compliance; and managing disaster recovery plans and activities in assigned areas.
Requirements
- ASA or FSA designation; FSA preferred.
- Significant actuarial experience in life insurance and/or annuity pricing, product development, or product management.
- Strong understanding of actuarial pricing concepts, including assumption development, profitability metrics, sensitivity analysis, and risk assessment.
- Experience with individual life products such as Whole Life, Term, UL, and/or IUL, and/or fixed annuity products.
- Demonstrated ability to lead projects and provide technical direction to actuarial staff.
- Strong analytical and problem-solving skills, including the ability to translate technical analysis into clear business recommendations.
- Strong communication skills and ability to explain complex actuarial concepts to non-actuarial audiences.
- Ability to collaborate effectively across Product, Finance, Investments, Underwriting, Reinsurance, Distribution, Operations, and other functions.
- People leadership experience or demonstrated ability to coach and develop actuarial talent.
Nice To Haves
- FSA designation.
Responsibilities
- Lead the Life & Annuity Pricing team and oversee pricing and actuarial analysis for life insurance and annuity products.
- Support product development, enhancement, ongoing management, and repricing initiatives.
- Partner with Product Management, Experience Studies, Modeling, Reinsurance, Underwriting, Finance, Investments, Distribution, and other business areas.
- Oversee and develop staff, including conducting performance evaluations, setting goals, and supporting professional and personal development.
- Oversee an actuarial function within the life/health/annuity actuarial division, including its activities, planning, and future direction.
- Communicate results and recommendations to division and company leadership.
- Ensure work follows applicable regulation and actuarial standards of practice, and maintain current SOA Continuing Professional Development requirements while ensuring staff compliance.
- Manage disaster recovery plans and activities in assigned areas, maintain applicable employee contact information, and communicate with non-recovery employees during a disaster.
- Strengthen and modernize pricing methodologies, models, and processes.
- Provide technical direction to actuarial staff and coach and mentor actuarial talent.
Benefits
- Insurance benefits, including medical, dental, vision, disability, and life insurance.
- 401(k) with company match.
- Eligible for a Short-Term Incentive plan in addition to base salary.
- Opportunities to learn and grow throughout a career, within the role or in other areas of the business.
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What This Job Offers
Job Type
Full-time
Career Level
Manager
Education Level
No Education Listed
