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Job summary
A leading recruitment firm is seeking an experienced Annuity Actuary in New York City. This role involves leading the design, pricing, and testing of Fixed Index Annuity (FIA) and Multi-Year Guarantee Annuity (MYGA) products while working closely with various divisions. Ideal candidates should hold an FSA or be near completion, possess over 6 years of relevant experience, and have a strong background in Python. Competitive salary ranging from $120,000 to $140,000 annually.
Qualifications
6+ years of experience in annuity pricing, product design, or modeling.
Background in Python is advantageous.
Responsibilities
Lead ideation, design, pricing, assumption setting, and scenario testing of FIA and MYGA products.
Collaborate with Marketing, Sales, Risk, and Finance divisions.
Prepare actuarial memoranda, rate filings, and responses to state insurance departments.
Maintain and enhance pricing models; perform reinsurance pricing.
Skills
Annuity pricing
Product design
Modeling experience
Python
Education
FSA or near FSA
Job description
A leading recruitment firm is seeking an experienced Annuity Actuary in New York City. This role involves leading the design, pricing, and testing of Fixed Index Annuity (FIA) and Multi-Year Guarantee Annuity (MYGA) products while working closely with various divisions. Ideal candidates should hold an FSA or be near completion, possess over 6 years of relevant experience, and have a strong background in Python. Competitive salary ranging from $120,000 to $140,000 annually.