Life Actuarial Pricing Manager

Staffing Ninja; Bloomington (IL); Remote; USD 160,000 - 210,000; Full time

Job summary

An established industry player is seeking a Life Actuarial Pricing Manager to lead a dynamic team focused on developing and pricing life and annuity products. This role offers a unique opportunity to ensure product competitiveness and profitability while maintaining compliance with regulatory standards. You will be at the forefront of strategic leadership, guiding a talented team and collaborating with various departments to drive product success. Join this organization as they approach their 100-year anniversary, celebrating a legacy of employee care and excellence in the insurance industry. If you are passionate about making an impact in a supportive environment, this role is for you.

Benefits

12% annual bonus

Relocation Assistance

Strong work-life balance

Fixed work schedule

Qualifications

• Extensive experience with Life and/or Annuity products is essential.
• Strong technical and communication skills are required.

Responsibilities

• Lead a team in developing and pricing life and annuity products.
• Ensure compliance with regulations and maintain product profitability.
• Collaborate across departments to drive product success.

Skills

Life and/or Annuity products

Technical skills

Communication skills

Life Pricing experience

Job description

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Job Title: Life Actuarial Pricing Manager

Location: Remote (Preference for candidates near Bloomington, IL; Please avoid these states: California, District of Columbia, Kentucky, New Hampshire, New Jersey, New York, Pennsylvania, Vermont, and West Virginia)

Employment Type: Permanent

Salary Range: USD $160,000 – $210,000/yr

Job Description:

The Life Actuarial Pricing Manager is responsible for leading a team in the development and pricing of life and annuity products, ensuring competitiveness, profitability, and compliance with regulatory standards. This role involves strategic leadership, technical expertise, and collaboration with various departments to drive product success.

Key Responsibilities:

• Provide oversight and professional development of staff, including performance evaluations and goal setting.
• Lead actuarial functions within the life/health/annuity division, including planning future activities and communicating insights to leadership.
• Ensure compliance with applicable regulations and actuarial standards, maintaining SOA Continuing Professional Development requirements.
• Manage and maintain disaster recovery plans, ensuring preparedness in case of operational disruptions.
• Monitor industry trends and product profitability to offer competitive, value-driven product suites.
• Drive the product development process from ideation to implementation, ensuring alignment with company goals.
• Provide insights to executive leadership regarding necessary product modifications.
• Collaborate with valuation, underwriting, and other teams to ensure coherence across business functions.
• Mentor and develop newer actuaries, strengthening the division's capabilities.

Required Qualifications:

• Extensive experience working with Life and/or Annuity products.
• Strong technical and communication skills.
• Proven Life Pricing experience.

Preferred Qualifications:

• Demonstrated experience in leading direct reports.

Why Join Us?

The client offers a small-company feel with strong work-life balance. As we approach our 100-year anniversary in 2025, we celebrate a legacy of employee care and business excellence. This role provides exposure to diverse product suites and various aspects of the business, ensuring a well-rounded actuarial experience.

Additional Information:

• Variable Compensation: 12% annual bonus
• Equity: Not included
• Relocation Assistance: Available nationwide
• Work Hours: Fixed schedule (not flexible)
• Position Type: Backfill
• Direct Reports: Yes

Seniority Level: Mid-Senior level

Employment Type: Full-time

Job Function: Product Management, Management, and Strategy/Planning

Industries: Insurance and Insurance Agencies and Brokerages