Senior Actuarial Director – Variable Annuity Product
Protective Life
full-time
Posted on:
Location Type: Remote
Location: United States
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Salary
💰 $152,000 - $210,000 per year
Job Level
About the role
- Lead product development and pricing for variable annuities and related guarantees (GLWBs and DBs) aligned with financial goals and risk appetite
- Provide thought leadership on assumption setting (e.g., reinsurance, PBR margins, target surplus) and support enterprise assumption setting
- Represent Pricing in ideation and feasibility processes to balance strategic impact and resource use
- Oversee pricing projects, ensuring confidence in financial cash flow analysis (Statutory and GAAP) and risk assessment using GGY Axis
- Maintain internal model controls and documentation in compliance with Pricing Standards
- Present findings to senior management to inform business decisions and governance approvals
- Collaborate with Product Management to ensure optimal data support for product initiatives
- Lead ad hoc projects including product implementation, compliance, marketing support, and reinsurance
- Guide actuarial recruiting and training to sustain a high-performance culture
- Support acquisition due diligence and new business integration efforts
- Foster a collaborative environment focused on professional growth and integrity in line with Actuarial Standards of Practice
Requirements
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or related field
- Fellow of the Society of Actuaries (FSA) with current CPD compliance
- 10+ years of actuarial experience in annuity pricing or related functions
- Experience in annuity product development and management preferred
- Prior leadership experience strongly preferred
Benefits
- comprehensive health, dental and vision insurance
- support emotional wellbeing through mental health benefits
- employee assistance program
- paid time off
- paid parental leave
- short-term disability
- cultural observance day
- contributions to healthcare accounts
- pension plan
- 401(k) plan with Company matching
- ProHealth Rewards platform to improve wellbeing while earning cash rewards
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
pricingfinancial cash flow analysisrisk assessmentassumption settingannuity product developmentvariable annuitiesGGY Axiscompliancedocumentationdata support
Soft Skills
leadershipcollaborationcommunicationthought leadershipprofessional growthintegritytrainingproject managementstrategic impactresource management
Certifications
Fellow of the Society of Actuaries (FSA)CPD compliance