Senior Actuary - FIA Product Design & Pricing

International Association of Insurance Professionals (IAIP); Northern (KY); Hybrid; USD 150,000 - 190,000; Full time

Job summary

Bruce & Bruce Company, a leading actuarial consultancy, seeks a Senior Actuary for FIA Product Development & Pricing. You will lead client-facing pricing initiatives, shape annuity solutions, and guide projection models supporting product design and financial reporting.

You will leverage deep FIA expertise to drive strategy, collaborate across diverse teams, and mentor junior staff in a fast-paced consulting environment.

Qualifications

• Bachelor’s degree in actuarial science, mathematics, statistics, finance, or a related quantitative field.
• FSA preferred; experienced ASA candidates with strong FIA pricing leadership will be considered.
• 10+ years actuarial experience in life insurance or annuities, including leadership of complex pricing, product, or valuation work.

Responsibilities

• Lead pricing strategy and profitability analysis for new launches, product enhancements, and FIA repricing initiatives.
• Own and enhance pricing and projection models that support product design, valuation, and business decisions.
• Deliver insights on product performance, policyholder behavior, lapse trends, and credited rate strategy.
• Partner with Product, Compliance, and Legal to support filings, governance, and speed to market.
• Collaborate with investment and hedging partners on option budgets, asset strategy, and risk mitigation.
• Lead scenario testing and capital impact analysis under changing market conditions.
• Support reserve calculations and financial reporting under statutory, GAAP, and LDTI frameworks.
• Contribute to reinsurance strategy, capital efficiency, and product economics initiatives.
• Monitor market, competitor, and regulatory developments to inform product strategy and client advice.
• Mentor junior staff and contribute to cross-functional initiatives that drive client and firm success.

Skills

Pricing leadership

Actuarial modeling

Financial analysis

Client-facing communication

Education

Bachelor’s degree in actuarial science, mathematics, statistics, finance, or a related quantitative field

Tools

MG-ALFA

Prophet

AXIS

Job description

Bruce & Bruce Company, a leading actuarial consultancy, seeks a Senior Actuary for FIA Product Development & Pricing. You will lead client-facing pricing initiatives, shape annuity solutions, and guide projection models supporting product design and financial reporting.

You will leverage deep FIA expertise to drive strategy, collaborate across diverse teams, and mentor junior staff in a fast-paced consulting environment.