AVP, Head of Life Insurance Pricing

National Life Insurance•Addison, TX

3d•Onsite

About The Position

The Head of Life Insurance Pricing leads the strategy, governance, and execution of pricing across National Life Group’s Life Insurance product portfolio. The role establishes pricing strategies and techniques that support sustainable growth while balancing profitability, risk management, capital efficiency, and competitive positioning. It partners with senior stakeholders to shape pricing strategy, communicate results, and support effective business decisions. The position leads the Life Pricing team, advances pricing methodologies and capabilities, and provides actuarial expertise and recommendations to senior leadership on complex pricing, profitability, and portfolio matters. The successful candidate will bring deep Life Insurance pricing and actuarial expertise, business acumen, interpersonal skills, leadership credibility, and the ability to develop teams and influence across a complex organization. The position is expected to offer strong succession potential to lead the Life Product function. The position currently follows an onsite schedule, with four days per week in the office on core days, currently Monday through Thursday. The schedule type and core days may change with advance notification and manager discretion. National Life Group does not offer visa sponsorship for this position.

Requirements

Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field.
Fellow of the Society of Actuaries (FSA) designation.
12–15+ years of actuarial experience in the life insurance industry.
Significant experience in life insurance pricing or product development.
Deep knowledge and experience with Individual Life Insurance products, especially Indexed UL, Term, and Whole Life.
Strong familiarity with applicable U.S. Stat, GAAP, and Tax regulations and standards.
Demonstrated experience developing and evaluating actuarial pricing models, assumptions, profitability analyses, and financial projections.
Experience partnering across product management, underwriting, finance, distribution, risk management, and other functions.
Proven experience leading and developing actuarial teams.
Ability to communicate complex actuarial and pricing matters and influence senior stakeholders.
Use approved AI tools appropriately, validate AI-generated content, and follow company policies and principles concerning confidentiality, privacy, security, compliance, retention, and intellectual property.

Nice To Haves

Member of the American Academy of Actuaries.
Proficiency with MG-ALFA.
For AI-forward roles: identify practical AI opportunities, create effective prompts and workflows with appropriate controls and human review, evaluate AI outputs critically, collaborate with relevant stakeholders on responsible adoption, and model responsible human-centered AI use.

Responsibilities

Lead development and execution of pricing strategy for the Individual Life insurance portfolio, considering market conditions, distribution systems, and enterprise factors.
Establish pricing and risk-assessment approaches that balance growth, profitability, risk appetite, capital efficiency, competitive positioning, and speed to market.
Provide actuarial leadership for pricing, development, and ongoing performance reviews for the Life portfolio.
Oversee development, evaluation, and ongoing management of Life pricing assumptions, models, and related processes.
Identify and recommend repricing actions, product adjustments, and portfolio optimization opportunities based on experience, market dynamics, and business objectives.
Advance pricing capabilities through data analytics, predictive modeling, new data sources, and emerging technologies.
Partner with underwriting to advance risk-selection processes and ensure appropriate consideration in pricing and reserving methodologies.
Maintain effective pricing governance and ensure methodologies and assumptions comply with actuarial standards, regulatory requirements, and internal risk policies.
Provide actuarial expertise and recommendations to senior leaders and governance committees on pricing strategy, competitiveness, profitability, risk, and capital considerations.
Build effective enterprise partnerships and align pricing decisions with enterprise objectives.
Lead, develop, and direct pricing actuaries and actuarial analysts, setting high standards for modeling, analytical rigor, collaboration, and technical excellence.