Actuarial Manager, Annuity Pricing

Prosperity Life Group; United States; Hybrid; USD 140,000 - 150,000; Full time

Benefits offered by this job

Medical, dental, vision coverage

HSA

401(k) company match

Paid time off

Actuarial Development Program

Job summary

Prosperity Life Group seeks an Actuarial Manager in Annuity Pricing to lead pricing and profitability for MYGA and FIA products. This role sits at the center of rate‑setting strategy, product analytics, and model development, impacting competitiveness and financial performance.

You will combine technical pricing expertise with market awareness to guide product design and drive decisions across product development, finance, and actuarial teams.

Qualifications

• Bachelor's degree in Mathematics, Statistics, Actuarial Science, Quantitative Finance, or related field.
• FSA or near ‑ FSA designation.
• 5+ years of actuarial experience, with a focus on annuity pricing and/or market risk management.
• Strong knowledge of MYGA and FIA products (including GLWB), and associated profitability and risk dynamics.
• Understanding of accounting frameworks and investment strategies impacting annuity pricing.
• Advanced Excel skills; experience with VBA, Python, SQL, or MG ‑ ALFA preferred.
• Strong problem ‑ solving skills with the ability to navigate ambiguity and competing priorities.
• Ability to communicate complex technical concepts to non ‑ technical stakeholders.

Responsibilities

• Rate Setting & Profitability Management: set weekly and monthly new money and renewal rate for MYGA and FIA products.
• Analyze product profitability, economics, and market competitiveness to inform rate decisions.
• Partner with stakeholders to align pricing actions with broader business and distribution strategies.
• Maintain and enhance pricing assumptions, methodologies, and underlying analytics.
• Develop and refine models supporting profitability analysis and new product development.
• Ensure assumptions reflect emerging experience, market conditions, and strategic objectives.

Skills

Pricing strategy

Analytical thinking

Communication

Problem solving

Education

Bachelor's degree in Mathematics/Statistics/Actuarial Science

FSA designation

Tools

Excel

VBA

Python

SQL

MG-ALFA

Job description

Posted Monday, August 3, 2026 at 4:00 AM

About Us

We’re a fast-growing, privately held insurance company on a path to becoming a leading U.S. retail platform. We believe every client and customer relationship holds the potential to become something greater—and the same is true for our people. As we grow, we’re redefining how great talent connects with meaningful work, enabling our ambitious strategy while building a culture of high performance, creativity, and partnership. If you’re motivated by pricing strategy, market dynamics, and actuarial modeling and how they intersect to shape competitive annuity products, this role offers the opportunity to do your best work.

About the Role

We’re looking for an Actuarial Manager in Annuity Pricing who is responsible for pricing and profitability management for MYGA and FIA products. This role sits at the center of rate‑setting strategy, product analytics, and model development, with direct impact on product competitiveness and financial performance. In this role, you’ll combine technical pricing expertise, market awareness, and strategic thinking to optimize product design and drive decision‑making across product development, finance, and actuarial teams.

What You’ll Do

Rate Setting & Profitability Management

• Manage weekly and monthly new money and renewal rate ‑ setting for MYGA and FIA products
• Analyze product profitability, economics, and market competitiveness to inform rate decisions
• Partner with stakeholders to align pricing actions with broader business and distribution strategies
• Maintain and enhance pricing assumptions, methodologies, and underlying analytics
• Develop and refine models supporting profitability analysis and new product development
• Ensure assumptions reflect emerging experience, market conditions, and strategic objectives

Modeling Infrastructure & Data Management

• Build and maintain a centralized rate ‑ setting database and corporate pricing model
• Partner with corporate actuarial teams to ensure alignment with enterprise pricing frameworks
• Improve data integrity, transparency, and governance across pricing processes

Product Development & Strategic Initiatives

• Support new product development and implementation across annuity offerings
• Contribute to ongoing enhancements of existing products and profitability management practices
• Provide analytical insights to support corporate strategy, financial planning, and risk management

Ad Hoc Analysis & Stakeholder Support

• Respond to recurring and ad hoc analytical requests from actuarial, finance, and leadership teams
• Translate complex analyses into clear insights to support decision ‑ making

What You Bring

• Bachelor’s degree in Mathematics, Statistics, Actuarial Science, Quantitative Finance, or related field
• FSA or near ‑ FSA designation
• 5+ years of actuarial experience, with a focus on annuity pricing and/or market risk management
• Strong knowledge of MYGA and FIA products (including GLWB), and associated profitability and risk dynamics
• Understanding of accounting frameworks and investment strategies impacting annuity pricing
• Advanced Excel skills; experience with VBA, Python, SQL, or MG ‑ ALFA preferred
• Strong problem ‑ solving skills with the ability to navigate ambiguity and competing priorities
• Ability to communicate complex technical concepts to non ‑ technical stakeholders

Core Competencies

Annuity Pricing & Product Expertise

• Deep understanding of MYGA/FIA pricing, product design, and profitability levers

Analytical Modeling & Technical Rigor

• Strong modeling capabilities with experience developing and enhancing pricing tools and assumptions

Strategic Pricing & Business Insight

• Ability to connect pricing decisions to market dynamics, distribution strategy, and financial outcomes

Data & Process Optimization

• Drives improvements in pricing infrastructure, database management, and model governance

Problem Solving in Ambiguous Environments

• Navigates complex, evolving challenges with structured thinking and sound judgment

Stakeholder Communication & Influence

• Effectively communicates insights and partners across actuarial, finance, and business teams

What We Offer

• A collaborative, inclusive environment that values authenticity, accountability, and partnership
• The opportunity to join the company at an exciting stage of growth, where colleagues are empowered to build what’s next
• A variable compensation package with a base range of $140K–$150K
• A competitive benefits package including comprehensive medical, dental, and vision coverage; an HSA and 401(k) company match; paid time off; and employer‑paid life and disability insurance
• This role is eligible for participation in the company’s Actuarial Development Program, which provides exam support towards Society of Actuaries designations.

At Prosperity, we are committed to equal employment opportunity and encourage people from all backgrounds to apply. We make hiring decisions based on merit and do not discriminate on the basis of race, religion, color, national origin, gender identity, sexual orientation, age, disability, or any other protected status.

We strive for a meaningful interview experience for all candidates. If you need an adjustment or accommodation due to a disability or medical condition during the hiring process, please let your recruiter know.