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Actuarial Manager, Life & Annuity Pricing

Country Financial

Actuarial Manager, Life & Annuity Pricing

Bloomington, IL · Yesterday

Salary
$162k - $222k

Role Summary

Role type

People leadership in Life & Annuity pricing

Closer to a people-leadership role than an individual pricing seat because staff development, supervision, and function planning are explicit core accountabilities.

Actuarial Manager role in Bloomington, Illinois, leading Life & Annuity pricing for an insurer. You will oversee pricing analysis, product development, repricing, methodology modernization, and actuarial staff while partnering across Product, Finance, Reinsurance, Underwriting, Investments, and Distribution. ASA is required and FSA is preferred; base pay is $161,600-$222,200 plus short-term incentive eligibility.

Requirements

Strongly preferred

  • ASA or FSA designation
  • Significant actuarial experience in life insurance and/or annuity pricing, product development, or product management
  • Strong understanding of actuarial pricing concepts including assumption development, profitability metrics, sensitivity analysis, and risk assessment
  • Experience with individual life products such as Whole Life, Term, UL, and/or IUL and/or fixed annuity products
  • Demonstrated ability to lead projects and provide technical direction to actuarial staff
  • Strong analytical and problem-solving skills
  • Strong communication skills to explain complex actuarial concepts to non-actuarial audiences
  • Ability to collaborate effectively across product, finance, investments, underwriting, reinsurance, distribution, operations, and other functions
  • People leadership experience or demonstrated ability to coach and develop actuarial talent

Skills & Domain

DomainLife insurance pricingAnnuity pricingProduct developmentProduct management

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