Global Banking & Markets, Equity Derivatives Structuring, Product & Pricing Actuary, Associate - New York

Goldman Sachs • New York, NY

232d • $150,000 - $225,000

About The Position

Join a dynamic and rapidly expanding reinsurance platform where your work will have high visibility with senior leadership. Our reinsurance business unit, despite part of the broad GS platform, remains nimble, offering the perfect environment for an experienced actuary to make a meaningful impact from day one. Our client is seeking a talented Product & Pricing Actuary with deep expertise-especially in Fixed Indexed Annuities (FIA)-to help drive product innovation and pricing strategy. You'll play a central role in developing and refining reinsurance solutions, pricing models, leading product initiatives, and ensuring our offerings is competitive and sustainable.

Requirements

• ASA or FSA designation (Associate or Fellow of the Society of Actuaries)
• Minimum 5 years of experience in annuity product development/pricing
• Strong working knowledge of FIA products
• Solid experience with life and/or annuity products and related actuarial functions (valuation, CFT, pricing, etc.)
• US-specific experience (Stat and/or GAAP) preferred
• Experience with reinsurance is a plus
• Proficiency in one modelling software (AXIS, MG Alfa, Prophet)
• Exceptional skills in collaboration, problem-solving, and driving innovative solutions
• Strong interpersonal, negotiation, presentation, and facilitation abilities
• Ability to translate complex actuarial concepts into clear, concise communication for non-actuarial audiences, both in writing and verbally.

Responsibilities

• Design new FIA products and enhance existing offerings
• Lead the Design Team for the FIA product line, managing updates from concept to rollout
• Conduct in-depth actuarial analysis to support pricing and profitability
• Develop and maintain product specifications for the quantitative and IT teams
• Establish model control processes to govern assumption updates, model improvements, etc.
• Exceptional skills in collaboration, problem-solving, and driving innovative solutions.

Benefits

• Competitive salary
• Discretionary bonus eligibility
• Training and development opportunities
• Firmwide networks
• Wellness and personal finance offerings
• Mindfulness programs

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Securities, Commodity Contracts, and Other Financial Investments and Related Activities
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees