Executive Director Jobs

About The Position

Requirements

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or another quantitative field, or four additional years of related experience in lieu of a degree.
• 12+ years of industry experience, including recent experience pricing annuity products as a reinsurer or direct writer, ideally within the last five years.
• 10+ years of progressive actuarial experience in two or more life actuarial functions, including developing strategies, managing major initiatives, and delivering results in a complex matrix environment.
• Four years of people leadership experience building, managing, and/or developing high-performing teams.
• Knowledge of pricing tools, techniques, and methods, and ability to assess analytical and pricing models using statistical principles.
• Knowledge of risk and compliance management frameworks and policies.
• Knowledge of applicable U.S. annuity laws and regulations and experience with the Bermuda regulatory framework.
• Fellow of the Society of Actuaries and a member.
• Experience partnering with an investment team to optimize asset allocations in response to competitive pressures.
• Experience pricing living benefits and navigating distribution conflict.

Responsibilities

• Define, develop, evaluate, and oversee implementation of pricing models and strategies for assigned life, health, and annuity products to optimize revenue, market share, brand positioning, and long-term profits and member value.
• Collaborate with General Managers, Finance, Investment Management, Underwriting, and other stakeholders to position the product portfolio and establish pricing programs aligned with product and sales strategies and revenue recognition requirements.
• Direct analysis of pricing models and projections to ensure competitive pricing and market position.
• Oversee implementation of pricing proposals for assigned products.
• Support development of reinsurance strategies to manage capital, mitigate risk, and improve pricing leverage; maintain reinsurance partnerships; and support negotiation of reinsurance transactions.
• Serve as a subject matter expert on counterparty risk assessment and risk mitigation.
• Build and oversee a team through recruiting, development, retention, coaching, support, performance management, and other managerial activities.
• Ensure risks associated with business activities are identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.

Benefits

• Comprehensive medical, dental, and vision plans
• 401(k)
• Pension
• Life insurance
• Parental benefits
• Adoption assistance
• Paid time off program
• Paid holidays
• 16 paid volunteer hours
• Wellness programs
• Career path planning
• Continuing education
• Relocation assistance
• Pay incentives may be available based on overall corporate and individual performance and at the discretion of the USAA Board of Directors
• Long Term Incentive Plan cash payment for executive-level roles, based on time and performance