F&G

Senior Associate Actuary, New Business Rate Setting

F&G

full-time

Posted on:

Location Type: Remote

Location: United States

Visit company website

Explore more

✨ AI Apply
Apply

Job Level

Senior

About the role

  • Collaborate with distribution, competitive intelligence, investments, and company management to analyze pricing for annuity new business.
  • Perform analysis and contribute to rate decision recommendations for Annuity new business products by:
  • Conducting pricing analysis to evaluate product profitability.
  • Assessing and updating rate setting model inputs and assumptions.
  • Performing analysis to understand reinsurance impacts of rate setting decisions.
  • Creating demonstrations of Annuity new business profitability to support rate recommendations.
  • Contribute to informed data-driven decisions based on a thorough understanding of product, profitability, capital utilization, and risk.
  • Develop and update rate setting assumptions, maintain rate setting models, and create documentation to ensure appropriate governance procedures are followed.
  • Support the integration of new products, reinsurance treaties, and other updates into recurring pricing analysis and rate setting processes.
  • Develop and implement enhancements to create repeatable and scalable processes.

Requirements

  • Bachelor's degree in mathematics, actuarial science or related degree or equivalent experience.
  • ASA required; FSA and MAAA Preferred.
  • 4+ years actuarial experience with progressively more responsibility.
  • Annuity product background preferred but not required, with preference for Fixed Annuity, Fixed Indexed Annuity, or Registered Indexed Linked Annuity experience.
  • Experience within various actuarial functions with an understanding of pricing, capital, and financial metrics.
  • Experience with and knowledge of GGY AXIS or similar actuarial modeling software.
Benefits
  • Flexible working arrangements.
  • Reasonable accommodations for applicants with disabilities.
  • Employee-centric hybrid work environment.
Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard Skills & Tools
pricing analysisrate settingprofitability analysisreinsurance analysisdata-driven decision makingmodelingdocumentationprocess enhancementactuarial functionsfinancial metrics
Soft Skills
collaborationcommunicationanalytical thinkingproblem solvingorganizational skills
Certifications
ASAFSAMAAA