Actuary Director, Life Insurance Product Management
OnsiteIndividual Life ProtectionIndividual AnnuitiesProduct Development & Plan DesignReinsurance Structuring & PricingRegulatory Reporting
Role Summary
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Director-level life and annuity product management role in Bloomington, IL. Own end-to-end product lifecycle, reinsurance strategy, and in-force management while leading an actuarial/product team. Requires deep life/annuity actuarial knowledge (PBR/VM/AG-49) and strong cross-functional leadership.
JOB DESCRIPTION SUMMARY
- Lead product development and lifecycle for life and annuity portfolios
- Oversee reinsurance strategy, treaty negotiation, and placement decisions
- Manage in-force profitability, repricing, and governance of assumptions
- Lead and develop a team of actuaries, analysts, and product specialists
- Director role based in Bloomington, IL; FSA preferred, ASA considered
DOMAIN EXPERTISE
- Life insurance product management
- Annuity product management
- Reinsurance structuring and treaty management
- In-force performance monitoring and repricing
- Regulatory frameworks such as PBR, VM-20, AG-49
KEY REQUIREMENTS
- 10+ years of life insurance or annuity product management or pricing experience
- Strong understanding of PBR, VM-20/21/22, AG-49, STAT, and RBC frameworks
- Demonstrated leadership experience with direct reports
- Direct experience with product development, reinsurance, and in-force management
TECH STACK
- No tech stack specified
