Pricing Actuary

KTek Resourcing; United States; Presencial; USD 160.000 - 260.000; Jornada completa

Descripción de la vacante

KTek Resourcing LLC seeks a fully qualified Pricing Actuary to lead pricing and underwriting for life and annuity reinsurance transactions. You will develop and maintain pricing models, document methodologies, and coordinate with client-facing and transaction teams.

You will evaluate liability risks, conduct sensitivity analyses, and communicate assumptions and results to senior stakeholders, governance forums, and external partners.

Formación

• Fully qualified actuary with a recognized actuarial professional body.
• 7+ years of experience within life and annuity insurance or reinsurance.
• Direct pricing, underwriting, reserving, or valuation experience with life and annuity business.
• Strong actuarial modeling and analytical capabilities, including sensitivity and scenario analysis.
• Experience with expert judgment, model risk management, and governance considerations.
• Excellent communication to senior management and cross-functional stakeholders.

Responsabilidades

• Lead actuarial underwriting and pricing of life and annuity liabilities for new reinsurance transactions, ensuring accuracy and alignment with pricing standards.
• Develop, maintain, and document actuarial pricing and liability cash flow models and document methodologies and limitations.
• Review policy terms, product features, data, and experience to identify liability risks and material impact on pricing.
• Recommend pricing assumptions, assess uncertainty through sensitivity/scenario analyses, and lead due diligence discussions.
• Communicate pricing methodologies, assumptions, results, risks, and uncertainties to governance forums and transaction teams.
• Support governance of pricing models, controls, and collaboration with internal/external modeling teams and service providers.

Conocimientos

Actuarial pricing

Pricing models

Sensitivity analysis

Scenario analysis

Communication skills

Stakeholder management

Educación

Actuarial fellowship/Qualified actuary

Herramientas

Actuarial modeling software

Programming / model development

Descripción del empleo

The Pricing Actuary will provide technical leadership and actuarial support for pricing, underwriting,

actuarial modeling, and assumption development associated with new life and annuity reinsurance

transactions. The role will be responsible for producing robust actuarial analyses, evaluating liability risks,

maintaining and enhancing pricing models, and clearly communicating pricing methodologies,

assumptions, sensitivities, uncertainties, and results.

The individual will serve as a technical subject matter expert and actuarial partner to the Company's

client-facing and transaction teams and will work closely with in-house and external modeling teams,

investments, finance, risk management, and transaction stakeholders. The role will provide actuarial

leadership throughout transaction evaluation, due diligence, structuring, governance approval, execution,

and onboarding, while remaining primarily accountable for the quality and integrity of the actuarial pricing

and underwriting work.

Primary Responsibilities

Lead and perform the actuarial underwriting and pricing of life and annuity liabilities for new

reinsurance transactions, ensuring that analysis are accurate, appropriately controlled and consistent

with the Company’s pricing standards and risk appetite

Develop, maintain, and enhance actuarial pricing and liability cash flow models, including reviewing

and documenting model methodologies, assumptions, controls, simplifications, and limitations.

Review policy terms and conditions, product features, distribution strategies, policyholder data, and

experience information to identify and assess the nature and materiality of liability risks

Recommend pricing and underwriting assumptions, apply and critically evaluate expert judgment, and

assess the impact of uncertainty through sensitivity and scenario analysis

Plan, structure and execute actuarial due diligence activities, lead actuarial discussions with clients

and advisors, synthesize findings, and prepare clear underwriting and pricing documentation.

Communicate pricing methodologies, assumptions, results, key risks, and uncertainties to senior

actuarial, investment, finance, risk, transaction, governance, and regulatory stakeholders.

Contribute to the effective governance, control, monitoring, and continuous improvement of

underwriting and pricing models, methods, rules, and supporting processes.

Coordinate with in-house and external modeling teams and third-party service providers that support

pricing models and actuarial analyses ensuring that deliverables meet agreed quality, control and

documentation standards

Engage with internal investment teams and external asset managers to reflect proposed portfolios,

asset-liability management strategies, and hedging strategies appropriately in transaction pricing

analyses

Collaborate with investment, finance, and risk management teams to assess transaction economics,

solvency, capital, liquidity, and relevant balance sheet impacts

Provide actuarial support for transaction structuring, treaty and actuarial schedule review, negotiation,

governance approval, closing, and resolution of pricing-related issues

Support client and prospective client discussions by explaining actuarial analyses and helping

develop solutions that are consistent with the Company's pricing standards and risk appetite.

Prepare clear, accurate and decision-useful materials for transaction governance forums, senior

management, regulators, rating agencies, and other external stakeholders as required

Support model governance and the broader control environment, including proactive engagement

with enterprise risk management and other second-line functions

Establish effective documentation and knowledge-transfer processes to support the accurate and

timely implementation of completed transactions within valuation and in-force management models

and processes

2

Perform all responsibilities in a manner consistent with the Company’s values and within both the

spirit and letter of applicable laws, regulations, policies and professional standards

Qualifications

Fully qualified actuary with a recognized actuarial professional body

7+ years of experience within life and annuity insurance or reinsurance

Direct experience in pricing, underwriting, reserving, or valuation experience with life and annuity

business, including substantive experience with actuarial pricing models and assumption

development

Strong actuarial modeling and analytical capabilities, including experience with sensitivity analysis,

scenario analysis, the application of expert judgment, and model risk management

execution, and post-closing onboarding

Strong interpersonal, written, and verbal communication skills, with the ability to explain complex

actuarial analyses clearly to technical and non-technical stakeholders, including senior management

and governance forums

Demonstrated ability to manage competing priorities, navigate ambiguity, and deliver accurate, well-

controlled work in a transaction-oriented environment

Preferred Qualifications

Knowledge of applicable Bermuda regulatory frameworks, including the BMA Economic Balance

Sheet and Bermuda Solvency Capital Requirement as they relate to life and annuity business

Experience supporting the preparation or review of Bermuda regulatory applications relating to life

and annuity reinsurance transactions

Experience evaluating investment portfolios, asset-liability management strategies, hedging

programs, and collateral arrangements as part of actuarial pricing analyses

Experience with one or more actuarial modeling packages; programming, automation or model

development experience is a plus

Experience working with external modeling teams, consultants, asset managers, and other third-party

service providers

Demonstrated stakeholder management, team leadership, or people management experience is a

plus and not required

Familiarity with US GAAP, US statutory reporting, Japanese GAAP, or other relevant accounting and

solvency frameworks

Experience with Japanese insurance market or other international life and annuity reinsurance