AVP, Annuity Pricing

Foresters Financial Services, Inc.; United States; Remote; USD 180,000 - 240,000; Full time

Benefits offered by this job

Discretionary bonus plan

Competitive compensation

Job summary

Foresters Financial Services, Inc. is seeking an AVP, Annuity Pricing to lead pricing, product development support, and profitability management of the annuity portfolio.

The role provides strategic direction on pricing assumptions, product design, risk management, and capital optimization, while aligning with regulatory requirements. It also manages relationships with reinsurers related to annuities.

Qualifications

• Education (minimum required): Bachelor of Actuarial Science or Mathematics or equivalent.
• Experience (minimum required): Fellow of the Society of Actuaries (FSA), Chartered Enterprise Risk Analyst (CERA) designation.
• 10+ years of actuarial experience with significant experience in annuity pricing.
• Advanced proficiency in actuarial modeling tools (e.g. MG‑ALFA, AXIS, or similar).
• Deep knowledge of fixed and fixed‑indexed annuity products.
• Familiarity with hedging programs for fixed‑indexed annuities.

Responsibilities

• Lead pricing model validation, documentation, and governance processes for annuities.
• Ensure compliance with actuarial standards of practice and internal controls.
• Present pricing recommendations to senior leadership and product committees.
• Manage reinsurance RFPs and ensure compliance with treaty terms.
• Set best estimate assumptions for mortality, lapse, utilization, expenses, and investment returns.
• Assess capital impacts under statutory and RBC frameworks.
• Support asset–liability management and reinsurance optimization.
• Lead a team of pricing actuaries and analysts as the annuity business grows.

Skills

Actuarial pricing

Model governance

Leadership

MG-ALFA

AXIS

Reinsurance knowledge

Education

Bachelor of Actuarial Science

Tools

MG-ALFA

AXIS

Job description

Role Overview

AVP, Annuity Pricing – responsible for leading the pricing, product development support, and profitability management of the company’s annuity product portfolio. This role provides strategic direction on pricing assumptions, product design, risk management, and capital optimization while ensuring alignment with corporate financial objectives and regulatory requirements. It also manages the relationship with reinsurers as it relates to annuities.

Key Responsibilities

• Responsible for annuity pricing model validation, documentation, and model governance process
• Ensure compliance with actuarial standards of practice and internal controls
• Present pricing recommendations to senior leadership and product committees
• Manage reinsurance RFPs and ensure compliance with the terms of the reinsurance treaty on an ongoing basis
• Set best estimate assumptions for mortality, lapse, utilization, expenses, and investment returns
• Assess capital impacts under statutory and RBC frameworks
• Support asset–liability management and reinsurance optimization
• Lead a team of pricing actuaries and analysts as the annuity business grows

Key Qualifications

• Education (minimum required): Bachelor of Actuarial Science or Mathematics or equivalent
• Experience (minimum required): Fellow of the Society of Actuaries (FSA), Chartered Enterprise Risk Analyst (CERA) designation
• 10+ years of actuarial experience with significant experience in annuity pricing
• Advanced proficiency in actuarial modeling tools (e.g. MG‑ALFA, AXIS, or similar)
• Deep knowledge of fixed and fixed‑indexed annuity products
• Familiarity with hedging programs for fixed‑indexed annuities

Benefits

In addition to base pay, eligible employees may participate in a discretionary variable incentive plan. Results are subject to both individual and company performance.

Equal Opportunity Employment and Inclusion

Foresters Financial is committed to sustaining an equal‑opportunity environment for all applicants. We embrace inclusion, diversity, and equity as core strategic objectives for building strong, innovative teams in which all employees can show up wholly and authentically as themselves.

Accessibility and Accommodation

Foresters Financial strives to provide an accessible candidate experience for prospective employees with different abilities. If you anticipate needing any type of accommodations during the recruitment process, please email [e-mail] in advance of your appointment.