Protective Life

We are on a mission to help more people achieve the sense of protection and security they deserve.

Senior Actuarial Director – Variable Annuity Product

ActuaryActuaryFull TimeRemoteTeam 1,001-5,000Since 1908H1B SponsorCompany SiteLinkedIn

Location

United States

Posted

98 days ago

Salary

$152K - $210K / year

Bachelor Degree10 yrs expEnglish

Job Description

• Lead product development and pricing for variable annuities and related guarantees (GLWBs and DBs) aligned with financial goals and risk appetite. • Provide thought leadership on assumption setting (e.g., reinsurance, PBR margins, target surplus) and support enterprise assumption setting. • Represent Pricing in ideation and feasibility processes to balance strategic impact and resource use. • Oversee pricing projects, ensuring confidence in financial cash flow analysis (Statutory and GAAP) and risk assessment using GGY Axis. • Maintain internal model controls and documentation in compliance with Pricing Standards. • Present findings to senior management to inform business decisions and governance approvals. • Collaborate with Product Management to ensure optimal data support for product initiatives. • Lead ad hoc projects including product implementation, compliance, marketing support, and reinsurance. • Guide actuarial recruiting and training to sustain a high-performance culture. • Support acquisition due diligence and new business integration efforts. • Foster a collaborative environment focused on professional growth and integrity in line with Actuarial Standards of Practice.

Job Requirements

  • Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field
  • Fellow of the Society of Actuaries (FSA) with current CPD compliance
  • 10+ years of actuarial experience in annuity pricing or related functions
  • Experience in annuity product development and management preferred
  • Prior leadership experience strongly preferred

Benefits

  • comprehensive health, dental and vision insurance
  • mental health benefits
  • employee assistance program
  • paid time off
  • paid parental leave
  • short-term disability
  • cultural observance day
  • contributions to healthcare accounts
  • pension plan
  • 401(k) plan with Company matching
  • ProHealth Rewards

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