Job Number: 250000IC
External Description: At Equitable, our power is in our people. We're individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential?
The Employee Benefits (EB) division of Equitable is currently seeking a Pricing Actuary to provide support and leadership for our Pricing team. EB Actuarial is a dynamic and growing team within Equitable. This position offers a unique opportunity to shape and institute best practices at a company experiencing rapid and positive change. This director level position will report directly to the Chief Actuary of EB Actuarial and will be a critical member of the leadership team.
Opportunities include:
• Join a dynamic team and help shape a growing business
• Exposure to Chief Actuary, Business Unit Head, Head of Distribution, etc.
• Independence and empowerment - you'll lead the pricing of our Life and Disability product lines
• Positively impact decision making on a small and nimble team
Key Job Responsibilities
• Pricing recommendations for manual and experience rating
• Underwriting support for case level pricing
• Regulatory and compliance filings
• People management - this position will manage a team of 3-4 junior staff members
• KPI development related to underwriting execution, pricing accuracy and claims experience
• Engagement with Corporate Actuarial related to Valuation, ERM and profitability modeling
• Engagement with Sales and Financial Planning team
• Pricing deep-dives and new product development efforts
• Other duties as assigned
The base salary range for this position is $135,000 - $190,000. Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility.
For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below.
Equitable Pay and Benefits : Equitable Total Rewards Program
Required Qualifications
• Bachelors degree in Mathematics, Statistics and/or Actuarial Sciences
• FSA Designation
• 5 years of Group Insurance actuarial experience (Group Life, Dental, Disability, Supplemental Health) or related product line
• People management experience
• Must possess accountability, proven work ethic, organizational skills, interpersonal & communication skills, and be self motivated
• Successful in partnering and collaborating with cross functional teams including Distribution, Finance, Risk, Legal, Marketing, and IT
Preferred Qualifications
• Corporate modeling, profitability modeling or risk management experience
• Exceptional verbal and written communication along with interpersonal/relationship management skills
• Analytical skills with the ability to research complex financial issues independently and provide initial recommendations
• Highly organized with ability to manage either a process or a team and handle multiple tasks simultaneously
• Ability to prioritize and direct the activities of others as needed
Skills
Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
Business Math: Knowledge of mathematical concepts; ability to apply mathematics appropriately to business transactions.
Communicating for Impact: Knowledge of the concepts, tools and techniques for effective listening and communicating; ability to apply these theories to receive, transmit and accurately interpret information and ideas to influence others in various situations.
Managing Multiple Priorities: Knowledge of effective self-management practices; ability to manage multiple concurrent objectives, projects, groups, or activities, making effective judgments as to prioritizing and time allocation.
Statistics and Actuarial Modeling: Knowledge of statistical and actuarial modeling tools and techniques; ability to apply modeling processes and techniques to facilitate risk management decisions.
ABOUT EQUITABLE
At Equitable, we're a team committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives.
We turn challenges into opportunities by thinking, working, and leading differently - where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities.
We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork.
We are looking for talented, dedicated, purposeful people who want to make an impact. Join Equitable and pursue a career with purpose.
Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.
NOTE: Equitable participates in the E-Verify program.
If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources at (212) 314-2211 or email us at TalentAcquisition@equitable.com .
Community / Marketing Title: Director Group Benefits Pricing Actuary, Life and Disability
Location_formattedLocationLong: Charlotte, North Carolina US
Working at
Equitable
Offers a range of financial services, including life insurance, annuities, and investment products, designed to help clients secure their financial well-being and retirement security.