Actuarial Leader-Life Pricing & Inforce Management

Constellation Insurance, Inc.; United States; Hybrid; USD 180,000 - 280,000; Full time

Benefits offered by this job

Competitive pay

Healthcare coverage

Life insurance

401(k) plan

Parental leave

Work-life balance

Flexible work options

Diversity and inclusion

Well-being programs

Community connections

Job summary

Constellation Insurance, Inc. is seeking an experienced actuarial leader to drive life insurance product pricing, development, and in-force management.

This hands-on role combines technical actuarial work with product strategy, cross-functional collaboration, and team development. You will lead pricing design, conduct experience monitoring, prepare regulatory filings, and mentor a small actuarial team while coordinating with reinsurers and stakeholders.

Qualifications

• At least 10 years of actuarial experience in life insurance, with significant pricing/product management experience.
• FSA or ASA required; MAAA membership preferred.
• Strong knowledge of IUL, UL, BOLI, Term Life and Whole Life products.
• Proficient actuarial modeling with MG-ALFA and/or Integrate.
• Experience supporting state and Compact product filings.
• Understanding of illustration regulations and tax rules (7702/7702A).
• Experience developing and implementing life insurance products.
• Excellent project management, communication, and presentation skills.
• Ability to translate complex analyses into practical recommendations for stakeholders.

Responsibilities

• Leading actuarial analysis for design, pricing, and development of life insurance products, including pricing models and experience monitoring.
• Preparing memoranda, pricing docs, and regulatory filing support while ensuring compliance.
• Evaluating product competitiveness, profitability, capital requirements, and risk including reinsurance solutions and innovation.
• Collaborating cross-functionally to support product development, implementation, system validation, and administration.
• Analyzing in-force performance and recommending changes to rates, dividends, and features.
• Conducting experience studies and profitability analyses on mortality, persistency, lapses, premiums, expenses, commissions, and investment returns.
• Supporting illustration testing, governance, policyholder inquiries, and operational improvements.
• Contributing to product strategy, roadmaps, market analysis, and enterprise initiatives.
• Preparing management reports and board presentations; communicating actuarial findings to stakeholders.
• Managing two to three direct reports, mentoring talent, supporting rotation programs, and liaising with reinsurers and vendors.

Skills

Actuarial leadership

Pricing & product

MG-ALFA/Integrate

Modeling skills

Stakeholder comms

Team mentoring

Regulatory filings

Life product knowledge

Education

FSA or ASA

MAAA member

Tools

MG-ALFA

Integrate

Job description

We are seeking an experienced actuarial leader to drive life insurance product pricing, development, and in-force management. This is a hands-on leadership role that combines technical actuarial work, product strategy, cross-functional collaboration, and team development.

Your role and impact

• Leading actuarial analysis for the design, pricing, and development of life insurance products, including pricing models, assumptions, and experience monitoring
• Preparing actuarial memoranda, pricing documentation, and regulatory filing support while ensuring compliance with applicable requirements
• Evaluating product competitiveness, profitability, capital requirements, and risk, including reinsurance solutions and opportunities for product innovation
• Collaborating cross-functionally to support product development, implementation, system validation, and ongoing administration
• Analyzing in-force product performance and recommending changes to credited rates, dividend scales, and other product features
• Conducting experience studies and profitability analyses covering mortality, persistency, lapses, premiums, expenses, commissions, and investment returns
• Supporting illustration testing, product governance, complex policyholder inquiries, and operational improvement initiatives
• Contributing to product strategy, business planning, product roadmaps, market analysis, and enterprise initiatives
• Preparing management reports, business analyses, and board presentations while communicating actuarial findings and recommendations to key stakeholders
• Managing and developing two to three direct reports, mentoring actuarial talent, supporting the actuarial student rotation program, and maintaining relationships with reinsurers, consultants, vendors, and industry organizations

What sets you up for success

• At least 10 years of actuarial experience in the life insurance industry, with significant experience in product pricing, product management, or related actuarial functions
• Fellow of the Society of Actuaries (FSA) or Associate of the Society of Actuaries (ASA)
• Member of the American Academy of Actuaries (MAAA)
• Advanced knowledge of IUL, UL, BOLI, Term Life, and Whole Life products
• Strong actuarial modeling and analytical skills; MG-ALFA and/or Integrate experience preferred
• Experience supporting state and Compact product filings
• Strong understanding of illustration regulations, AG 49A, and Internal Revenue Code Sections 7702 and 7702A
• Comprehensive understanding of life insurance product development and implementation
• Strong project management, problem-solving, communication, and presentation skills
• Ability to translate complex analyses into practical recommendations and influence stakeholders across business functions

What's in it for you

• Competitive pay: Fair compensation for your hard work.
• Healthcare coverage: Comprehensive medical, dental, and vision from day one.
• Life insurance: Company-paid coverage for you and your loved ones.
• 401(k) plan: Matching contributions to help secure your financial future.
• Family support: Paid parental leave and reimbursement for adoption and surrogacy expenses.
• Work-life balance: Flexible time-off policy to recharge and pursue passions.
• Dress for your day: Express your style comfortably at work.
• Inclusion and Culture: A respectful environment that values unique contributions.
• Flexible work options: Remote, hybrid, and onsite opportunities at various locations across the U.S. for better work-life integration.
• Well-being focus: Programs to support a healthy balance between work and home life.
• Community connections: Build strong relationships through virtual and in-person interactions, with resources for your growth.