Actuary II: Annuity Pricing & Modeling Expert

symetraexternal; United States; Remote; USD 110,000 - 150,000; Full time

Job summary

Symetra is seeking an Actuary II for the Retirement Pricing team to develop and price new Fixed Annuity, Fixed Indexed Annuity, and Registered Index-Linked Annuity products. You will apply MG-ALFA and other tools to analyze ideas, assess risks, and support market-ready pricing decisions.

You will own modeling work, develop assumptions, and communicate findings to stakeholders, while mentoring junior actuaries and collaborating with Product Development and other teams.

Qualifications

• Bachelor’s degree in mathematics or equivalent quantitative field.
• Six to nine years of actuarial experience.
• ASA designation required; FSA designation may be held.
• Experience in actuarial pricing, product development, or financial modeling.
• Hands-on experience building or modifying pricing models in MG-ALFA.
• Knowledge of Fixed Annuity, Fixed Indexed Annuity, or Registered Index-Linked Annuity products.

Responsibilities

• Support the development and pricing of new Fixed Annuity, Fixed Indexed Annuity, and Registered Index-Linked Annuity products and features.
• Build, maintain, and enhance MG-ALFA pricing models.
• Develop modeling assumptions and perform profitability, sensitivity, and scenario analyses.
• Evaluate product ideas for financial, actuarial, and policyholder-risk impacts.
• Analyze competitor products to assess market positioning and identify design opportunities.
• Communicate modeling results clearly and influence decisions.

Skills

Actuarial pricing

Financial modeling

MG-ALFA

Communication

Cross-functional collaboration

Problem solving

Ownership

Education

ASA designation

FSA designation

Bachelor’s degree in mathematics or quantitative field

Tools

MG-ALFA

Job description

Symetra is seeking an Actuary II for the Retirement Pricing team to develop and price new Fixed Annuity, Fixed Indexed Annuity, and Registered Index-Linked Annuity products. You will apply MG-ALFA and other tools to analyze ideas, assess risks, and support market-ready pricing decisions.

You will own modeling work, develop assumptions, and communicate findings to stakeholders, while mentoring junior actuaries and collaborating with Product Development and other teams.