Actuarial Consultant - Annuity Pricing (Hybrid) jobs in United States
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Allied Solutions LLC · 4 months ago

Actuarial Consultant - Annuity Pricing (Hybrid)

Securian Financial Group is a leading provider of insurance and financial services, and they are seeking an Actuarial Consultant specialized in annuity pricing. The role involves leading pricing and profitability analysis for individual annuity products, collaborating with various teams to ensure pricing strategies align with market demands and regulatory requirements.

Financial ServicesInformation Technology

Responsibilities

Lead end-to-end pricing and profitability analysis for the Individual Annuity product line, including a wide array of fixed, variable, and indexed products
Design and maintain actuarial models using Prophet
Collaborate with product development, finance, valuation, risk management, and compliance teams to ensure alignment and feasibility of pricing assumptions and strategies
Develop and document pricing assumptions based on experience studies, market research, and company benchmarks
Perform sensitivity and scenario testing to assess pricing robustness under different economic conditions
Ensure compliance with regulatory and accounting standards including Statutory, GAAP, and RBC frameworks
Present pricing recommendations, strategies, and results to senior leadership
Mentor and review the work of junior actuaries and analysts on the pricing team
Monitor product performance post-launch and recommend repricing or modifications as needed

Qualification

ASA designationAnnuity pricing experienceActuarial modeling softwareProgramming languagesCommunication skillsProject managementTeam collaboration

Required

ASA designation, FSA preferred
Minimum of 5 years of actuarial experience, including at least 3 years in annuity pricing or product development
Strong command of actuarial modeling software, preferably Prophet
Proven ability to manage multiple projects and deliver results under tight deadlines
Excellent communication skills with the ability to explain complex actuarial concepts to non-technical stakeholders
Understanding of appropriate balance between market competitive position, regulatory constraints, profitability, investment guidelines, and risk appetite
Self-motivated and flexible; ability to work independently and as part of a team

Preferred

Strong background in indexed products such as RILA or FIA preferred
Proficiency in programming languages such as R, Python, or VBA is a plus

Benefits

Paid time off: We want you to take time off for what matters most to you. Our PTO program provides flexibility for associates to take meaningful time away from work to relax, recharge and spend time doing what’s important to them. And Securian Financial rewards associates for their service by providing additional PTO the longer you stay at Securian.
Leave programs: Securian’s flexible leave programs allow time off from work for parental leave, caregiver leave for family members, bereavement and military leave.
Holidays: Securian provides nine company paid holidays.
Company-funded pension plan and a 401(k) retirement plan: Share in the success of our company. Securian’s 401(k) company contribution is tied to our performance up to 10 percent of eligible earnings, with a target of 5 percent. The amount is based on company results compared to goals related to earnings, sales and service.
Health insurance: From the first day of employment, associates and their eligible family members – including spouses, domestic partners and children – are eligible for medical, dental and vision coverage.
Volunteer time: We know the importance of community. Through company-sponsored events, volunteer paid time off, a dollar-for-dollar matching gift program and more, we encourage you to support organizations important to you.
Associate Resource Groups: Build connections, be yourself and develop meaningful relationships at work through associate-led ARGs. Dedicated groups focus on a variety of interests and affinities, including: Mental Wellness and Disability, Pride at Securian Financial, Securian Young Professionals Network, Securian Multicultural Network, Securian Women and Allies Network, Servicemember Associate Resource Group.

Company

Allied Solutions LLC

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Allied Solutions uses technology based products and services to meet the insurance, lending and marketing needs of more than 6,000 financial institutions in North America.

Funding

Current Stage
Late Stage

Leadership Team

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Brian Urbanski
EVP Corporate Services & CFO
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Jeff Kircher
Senior Vice President and Chief Financial Officer
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Company data provided by crunchbase