AVP, Rate Setting

F&G

AVP, Rate Setting overseeing annuity rate analysis and pricing in remote setting at F&G Life. Leading departmental processes and managing actuarial staff for profit target achievement.

Posted 7/6/2026full-timeRemote • 🇺🇸 United StatesLeadWebsite

About the role

Key responsibilities & impact

Direct the analysis for profitability reviews and make recommendations for adjustments needed to achieve target profitability
Lead the analysis and present recommendations for:
Credited rate adjustments needed to achieve target profitability to the Retail Rate Committee
Pricing assumption reviews as well as other structural, value or methodology changes related to the retail annuity block
Prepare Senior Management and Board materials regarding rate, assumption and/or other recommended changes
Influence cross departmental meetings with VP/SVP leaders discussing various profitability choices and recommendations, partnering with distribution leaders and other management committee members
Employ sound analysis and judgement in balancing the trade-offs between profitability and brand reputation
Engage with organizational change management teams to ensure accurate and timely implementation of approved changes
Enhance departmental processes and analytical capabilities including the deployment of new analysis techniques where appropriate
Direct conversations with external partners (auditors, consultants, reinsurance partners) regarding rating and assumptions, as appropriate
Maintain knowledge of emerging industry experience for product features and benefits pertinent to F&G
Participate in and utilize third party services and surveys to augment understanding of emerging experience and expectations of future experience, especially where F&G experience is not credible and future experience has high impact on emergence of profits
Oversee staff development including performance management, training, development, controlling workflow, and engagement of employees

Requirements

What you’ll need

Bachelor's degree in mathematics, actuarial science or related degree or equivalent experience
Associate of the Society of Actuaries (ASA) Required, Fellow of the Society of Actuaries (FSA) preferred
Member of the American Academy of Actuaries (MAAA) required
7+ years actuarial experience with progressively more responsibility with a concentration on Annuity products such as Fixed Annuities, Indexed Annuities, and Registered Indexed Linked Annuities
Minimum 4 years of experience in role that requires improving efficiency and automation
Experience within an Actuarial pricing function with a strong understanding of product, rate determination, capital utilization, and regulatory requirements
Previous management experience with developing a team

Benefits

Comp & perks

F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements.
F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G.

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

Actuarial ScienceProfitability AnalysisRate DeterminationCapital UtilizationEfficiency ImprovementAutomation TechniquesStatistical AnalysisFinancial ModelingData InterpretationRisk Assessment

Soft Skills

LeadershipInfluencingCommunicationCollaborationJudgment

Certifications

Associate of the Society of Actuaries (ASA)Member of the American Academy of Actuaries (MAAA)Fellow of the Society of Actuaries (FSA)