Jobedly Post a Job

Associate Actuary, Annuity Pricing - Life and Annuity Solutions

National Life Insurance Company · Addison
Full-time8215 - 8200150Finance & Insurance$179,000–$241,000/yr
Apply on Jobedly ⚡ One-click AI Apply

About the Associate Actuary Annuity Pricing Life Solution role

Associate Actuary Annuity Pricing Life Solution positions focus on delivering results in their domain. This page aggregates open Associate Actuary Annuity Pricing Life Solution roles and what employers typically expect.

Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures. Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard. We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good. Be good. Make good. Role Summary Sponsorship is not available for this role. This individual will support and may lead initiatives related to design and pricing of indexed and fixed annuity products. This includes product design, actuarial modeling, pricing, actuarial support of regulatory filings and support of sales ideas. This position will work closely with the broader Life & Annuity Solutions team, Distribution/Field Leaders, and Marketing to ensure new products and features are aligned with the company’s strategic goals. This position currently offers an onsite work schedule, with the expectation that you are in the office four (4) days per week during onsite core days . Our current onsite core days are Monday, Tuesday, Wednesday, and Thursday . The work schedule type and core days are subject to change with advance notification and manager discretion. Essential Duties and Responsibilities Provide and discuss pricing results as well as sensitivity-analysis to senior Actuaries of the Company, including Product Risk Management Committee and Investments Risk Management committee. Present product features and/or actuarial results to Distribution Leadership, Product Risk Committee, Project Teams, Senior Management, and other stakeholders. Reviews experience studies and sets pricing assumptions. Prepare or review actuarial materials required to secure state approvals. Prepare or review product specifications and actuarial reports. Partner with the policy forms team to review forms as needed. Understands pricing practices, and develops as well as oversees modeling to set appropriate rates, understand profitability, and analyze sensitivities. Understands and can reverse engineer key features of competitor products. Reviews product marketing materials as appropriate. Partner with the policy forms team to review forms as needed. Coordinates and reviews work of outside actuarial consultants. Train and mentor actuarial students/analysts as needed. Provide support to other business areas Consult or advise on broader matters that may or may not be actuarial in nature Proactively identifies and ensures compliance with legal and regulatory requirements Minimum Qualifications FSA or career ASA designation from the Society of Actuaries A minimum of 6 years of actuarial experience with in-depth knowledge of annuity products and benefits Solid financial modeling experience using actuarial software, preferably MG-ALFA. Working knowledge of applicable Valuation, Nonforfeiture, tax, risk-based-capital and other relevant regulations and standards. Ability to work with Distribution Leadership and multiple stakeholders to design and develop new annuity products and features. Self-motivated and result-focused Exceptional analytical acumen and advanced problem-solving skills Excellent written and verbal communication skills Must be able to successfully complete a background check that may include fingerprinting Preferred Qualifications Member of the American Academy of Actuaries Indexed Annuity Pricing experience a major plus AI Proficiency Expectations At National Life Group, we view AI as an enabler of human potential. We use AI to help us work smarter, serve more clients, and keep our promises, while remaining…

Salary estimate

$179,000 – $241,000/yr
Provided by the employer.

Skills for this role

SalesCommunicationLeadership

Resume tips for Associate Actuary Annuity Pricing Life Solution applicants

Interview preparation

Prepare concrete STAR-format stories that show Associate Actuary Annuity Pricing Life Solution outcomes you drove.

Research the employer's product and recent news before the interview.

Be ready to explain how you'd approach a typical Associate Actuary Annuity Pricing Life Solution problem end to end.

Have thoughtful questions ready about the team, tools and success metrics.

About National Life Insurance Company

National Life Insurance Company is actively hiring on Jobedly. Explore their open roles and what it's like to work there.

Apply on Jobedly ⚡ One-click AI Apply

Similar jobs

Companies hiring for similar roles