Director/AVP, Life Pricing Actuary

Prosperity Life; United States; Hybrid; USD 170,000 - 220,000; Full time

Benefits offered by this job

401(k) company match

Comprehensive medical, dental, and vision coverage

Paid time off

Employer-paid life and disability insurance

Job summary

Prosperity Life is hiring a Director/AVP, Life Pricing Actuary to lead pricing and product initiatives from concept to launch. You will develop governance frameworks and support decision-making analytics while collaborating across teams. The role demands strong knowledge of life insurance regulatory frameworks, excellent leadership, and analytical skills. The position includes a competitive salary range of $170K-220K, comprehensive benefits, and a flexible remote/hybrid work arrangement.

Qualifications

• Minimum of 10 years of actuarial experience.
• Strong knowledge of life insurance regulatory and accounting frameworks.
• Proven ability to present complex actuarial analyses effectively.

Responsibilities

• Lead life product pricing and development initiatives.
• Develop and maintain pricing governance frameworks.
• Produce timely analytics to support executive decision-making.

Skills

Leadership in life product pricing

Analytical skills

Regulatory knowledge (PBR, GAAP, LDTI)

Cross-functional collaboration

Education

Bachelor’s degree or equivalent experience

Fellow of the Society of Actuaries (FSA)

Tools

MG-ALFA or comparable actuarial modeling platforms

Job description

We’re a fast‑growing, privately held insurance company on a path to become a leading U.S. retail platform. We believe every client and customer relationship holds the potential to grow into 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 energized by turning complex data into clear insights, partnering cross‑functionally, and improving reporting and data processes, you’ll thrive here.

About The Role

We’re looking for a Director/AVP, Life Pricing Actuary to lead life insurance pricing and product initiatives from concept through launch and inforce management. You’ll be responsible for delivering clear, decision‑ready analytics and ensuring pricing frameworks align with regulatory, capital, and accounting requirements. Working closely with cross‑functional partners, you’ll play a key role in shaping profitable, competitive, and sustainable life insurance products.

What You’ll Do

Life Product Pricing & Development

• Lead life product pricing and development initiatives, including market research, profitability and risk‑return assessment, pricing recommendations, and documentation
• Partner across the organization to bring life products from concept through implementation and launch

Pricing Governance & In‑Force Management

• Develop and maintain pricing governance frameworks and in‑force management processes
• Support ongoing monitoring of product profitability and competitiveness across the product lifecycle

Analytics, Projections & Executive Support

• Produce timely, insightful analytics and projections to support executive decision‑making
• Contribute to performance reporting and assessment of pricing and product outcomes

Models, Tools & Controls

• Enhance and operationalize pricing models and tools, including efficiency improvements, model controls, assumptions governance, and documentation
• Ensure pricing tools and processes meet internal control and governance standards

Cross‑Functional Partnership & Issue Resolution

• Coordinate with Product, Distribution, Operations, Valuation/Finance, Risk/ALM, Legal/Compliance, and IT to implement pricing initiatives and resolve production issues across platforms
• Support ad hoc analytical requests for key partners, including Marketing, Operations, Finance, and Corporate Development

External & Regulatory Engagement

• Participate in regulatory communications as needed
• Support responses to inquiries related to pricing methodology and product filings

What You Bring

• Bachelor’s degree (or equivalent education and experience)
• Minimum of 10 years of actuarial experience and FSA designation
• Strong knowledge of life insurance regulatory and accounting frameworks, including PBR, GAAP, and LDTI
• Demonstrated ability to present complex actuarial analyses clearly and effectively to executives and senior stakeholders
• Proven ability to build collaborative relationships across diverse functional areas
• Strong organizational skills with the ability to manage multiple priorities and deadlines
• Experience with enterprise pricing or actuarial modeling platforms (MG‑ALFA or comparable tools) preferred
• Prior experience in life insurance pricing and product development preferred

Core Competencies

• Life Product Pricing & Strategy: Expertise in leading life insurance pricing initiatives across the full product lifecycle, balancing profitability, competitiveness, and risk‑return objectives.
• Regulatory, Capital & Accounting Acumen: Strong command of life insurance regulatory and accounting frameworks, including PBR, GAAP, and LDTI, with the ability to embed requirements into pricing frameworks and governance.
• Executive Analytics & Decision Support: Ability to produce clear, decision‑ready analytics and projections and effectively communicate complex actuarial results to executive and senior stakeholders.
• Pricing Governance & In‑Force Management: Proven capability to design, implement, and maintain pricing governance, assumptions oversight, and in‑force management processes that support long‑term product performance.
• Modeling, Tools & Controls: Experience enhancing and operationalizing pricing models and tools, with strong attention to efficiency, controls, documentation, and assumptions governance.
• Cross‑Functional Leadership & Collaboration: Demonstrated ability to partner across Product, Distribution, Finance, Risk/ALM, Legal/Compliance, Operations, and IT to deliver pricing initiatives and resolve complex issues.
• Strategic Execution & Prioritization: Strong organizational judgment and execution skills to manage multiple initiatives, deadlines, and stakeholder demands in a fast‑moving environment.

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 $170K-220K
• 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
• Remote/hybrid work arrangement

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.