Annuity Actuary - PR12934

Pryor Associates Executive Search; New York (NY); On-site; USD 120,000 - 140,000; Full time

Job summary

A leading recruitment firm is seeking an experienced Annuity Actuary in New York City. This role involves leading the design, pricing, and testing of Fixed Index Annuity (FIA) and Multi-Year Guarantee Annuity (MYGA) products while working closely with various divisions. Ideal candidates should hold an FSA or be near completion, possess over 6 years of relevant experience, and have a strong background in Python. Competitive salary ranging from $120,000 to $140,000 annually.

Qualifications

• 6+ years of experience in annuity pricing, product design, or modeling.
• Background in Python is advantageous.

Responsibilities

• Lead ideation, design, pricing, assumption setting, and scenario testing of FIA and 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.

Skills

Annuity pricing

Product design

Modeling experience

Python

Education

FSA or near FSA

Job description

Overview

Annuity Actuary opening in New York City. 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)

Responsibilities

• Lead ideation, design, pricing, assumption setting, and scenario testing of FIA and 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.

Qualifications

• FSA (or near FSA) with 6+ years of experience in annuity pricing, product design, or modeling.
• Background in Python advantageous.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Analyst

Industries

• Insurance

New York City Metropolitan Area $120,000.00-$140,000.00

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