
Insurance Pricing Leader
Genworth
full-time
Posted on:
Location Type: Hybrid
Location: Richmond • New York • Virginia • United States
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Job Level
About the role
- Lead pricing and product development for standalone LTC and life/annuity LTC hybrid products, including assumption development, profitability testing, and scenario analysis
- Work with internal partners and 3rd parties as necessary for product development, pricing and/or implementation efforts
- Consult with valuation, modeling and experience teams to align on reserving methodology, any ongoing pricing responsibilities and to ensure successful ongoing reporting and monitoring once in force
- Deliver well‑documented pricing models, actuarial memoranda and exhibits, and pricing recommendations that support confidence among senior leadership and regulators
- Evaluate product updates and enhancements, monitor emerging experience, and assess impacts relative to pricing assumptions
- Identify, quantify, and clearly communicate product risks, trade‑offs, and long‑term profitability considerations
- Take end‑to‑end ownership of pricing accuracy, governance standards, and continuous improvement of pricing methodologies and tools
- Partner closely with Product Development, Underwriting, Risk, Finance, and Compliance to support competitive, customer‑focused product design and successful filings
Requirements
- Recent LTC and Hybrid Market Product and Pricing Experience
- Strong Collaboration and Ability to Operate and Generate Buy-In Within Matrix Organization
- Affinity for working in a creative environment focused on proactive research and development of new products
- Strong communication skills, both oral and written
- Strong analytical and problem-solving skills
- Ability to think broadly
- Demonstrated accountability in meeting project deadlines and managing multiple priorities
- Bachelor’s degree in actuarial science, mathematics, statistics, finance, economics or related quantitative field
- Fellow of the society of Actuaries (FSA)
- Proficiency With GGY AXIS and/or MG ALFA
- 15+ Years Relevant Experience
Benefits
- Competitive Compensation & Total Rewards Incentives
- Comprehensive Healthcare Coverage
- Multiple 401(k) Savings Plan Options
- Auto Enrollment in Employer - Directed Retirement Account Feature (100% employer - funded!)
- Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave
- Disability, Life, and Long Term Care Insurance
- Tuition Reimbursement, Student Loan Repayment and Training & Certification Support
- Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)
- Caregiver and Mental Health Support Services
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
pricing modelsactuarial memorandaprofitability testingscenario analysisreserving methodologypricing accuracygovernance standardscontinuous improvementquantitative analysisrisk assessment
Soft Skills
collaborationcommunicationanalytical skillsproblem-solvingaccountabilitycreativityability to generate buy-inability to think broadlytime managementproject management
Certifications
Fellow of the Society of Actuaries (FSA)