Junior Pricing Actuary

Constellation Insurance, Inc.; United States; On-site; USD 60,000 - 80,000; Full time

Job summary

A leading insurance provider is seeking an actuarial student to support a team focused on pricing fixed annuities. Responsibilities include assisting with pricing design, preparing documentation for senior leaders, and collaborating with various departments. The ideal candidate has a bachelor's degree, is pre-ASA with relevant exams, and possesses actuarial experience, particularly in pricing or annuities. This role offers an opportunity to learn and contribute to strategic discussions within the organization.

Qualifications

• Pre-ASA with at least 3 exams.
• 2-4 years of actuarial experience, with at least 1 year of pricing experience or 2 years of annuity related experience.

Responsibilities

• Assist with pricing and design for fixed annuities.
• Prepare pricing results and documentation for senior leaders.
• Learn about inforce management and rate setting strategies.

Skills

Clear, confident communication

Analytical abilities

Problem-solving abilities

Organizational skills

Familiar with hedging strategies

Experience with Python

Education

Bachelor's degree in a related field

Tools

MG-ALFA

AXIS

Job description

Pricing Opportunity -- Individual Annuities

Make an Impact on the Future of Our Annuity Products

We’re looking for an actuarial student that will support a team of fixed annuity pricing actuaries for a wide variety of pricing projects, focusing on fixed indexed annuities (FIA) and multi-year guaranteed annuities (MYGA). This position will also be a part of our Actuarial Student and Rotation programs.

Your position will have you involved in a wide range of projects and strategic conversations about the direction of the organization. If you like having real ownership, enjoy partnering with smart colleagues across multiple functions, and want to help build the next generation of annuity products, this role is a great fit.

What You’ll Work On

• Assist with pricing and design for fixed annuities, including GLWB riders.
• Prepare pricing results, documentation, and presentations for senior leaders.
• Learn about inforce management and rate setting strategies.
• Work closely with partners in IT, investments, hedging, marketing, distribution, capital management, valuation, risk, compliance, and legal.
• Find ways to enhance and refine department processes.
• Develop experience and support product filings and regulatory submissions.
• Build a strong understanding of our current and past product offerings.

What You Bring

• Bachelor's degree in a related field.
• Pre-ASA with at least 3 exams.
• 2-4 years of actuarial experience, with at least 1 year of pricing experience or 2 years of annuity related experience.
• Proficiency with MG‑ALFA ideally, AXIS also acceptable.

Ideal Strengths

• Clear, confident communication, especially when explaining complex topics.
• Comfort working across multiple teams and balancing competing priorities.
• Strong analytical and problem‑solving abilities.
• Strong organizational skills and the ability to manage multiple projects at once.
• Familiar with hedging strategies and options.
• Real world experience with Python, R, or other coding language.