Annuity Actuary - PR12934

Pryor Associates Executive Search; New Jersey; On-site; USD 100,000 - 130,000; Full time

Job summary

A leading recruitment firm is seeking an experienced Annuity Actuary to join their team in New Jersey. The role involves leading the ideation and design of Fixed Index Annuity and Multi-Year Guarantee Annuity products. Candidates should have over 6 years of experience in Annuity pricing, product design, or modeling. Strong analytical skills and familiarity with Python are advantageous. This full-time position offers a mid-senior level opportunity to collaborate across various divisions including Marketing and Finance.

Qualifications

• 6+ years of experience in Annuity pricing, product design, or modeling.
• Strong analytical skills and ability to collaborate across departments.
• Experience in preparing actuarial memoranda and rate filings.

Responsibilities

• Lead ideation and design of Fixed Index Annuity and Multi-Year Guarantee Annuity products.
• Collaborate with Marketing, Sales, Risk, and Finance divisions.
• Maintain and enhance pricing models and perform reinsurance pricing.

Skills

Annuity pricing

Product design

Modeling experience

Python

Education

Fellow of the Society of Actuaries (FSA)

Job description

Actuary & Recruiter of Actuaries, Modelers, and Risk Professionals at Pryor Associates

Annuity Actuary opening in New Jersey, New York, Connecticut. Lead ideation, design, pricing, assumption setting, and scenario testing of Fixed Index Annuity (FIA) and Multi-Year Guarantee Annuity (MYGA) products; collaborate with Marketing, Sales, Risk, and Finance divisions; prepare actuarial memoranda, rate filings, and responses to state insurance departments; maintain and enhance pricing models; perform reinsurance pricing.

Ideal candidate is FSA (or near FSA) with 6+ years of Annuity pricing, product design, or modeling experience; background in Python advantageous. (PR12934)

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Analyst

Industries

• Insurance