Product Actuary jobs in United States
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Ceres USA ยท 8 hours ago

Product Actuary

positionUnited States
timeFull-time
remoteRemote
senioritySenior Level
date5+ years exp

Ceres USA is part of The Westaim Corporation, focusing on redefining retirement security through innovative financial solutions. The Product Actuary will lead the design, pricing, and profitability analysis of annuity products, collaborating with various teams to ensure competitiveness and financial soundness.

Financial ServicesInsuranceLife Insurance
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H1B Sponsor Likelynote

Responsibilities

Lead product development initiatives from ideation through implementation, including:
Concept validation and competitive analysis
Pricing model development and scenario testing
Assumption setting and justification
Profitability testing (statutory, GAAP, tax)
Collaborate with distribution teams and legal to design innovative, marketable and customer-centric products
Prepare actuarial memoranda, rate filings, and support responses to regulators and auditors
Maintain and enhance pricing models in SLOPE and other modeling platforms (Excel and Python)
Support reinsurance pricing and negotiations when applicable
Ensure product compliance with actuarial standards, regulations (e.g., VM-22), and internal guidelines
Monitor product performance and recommend inforce management strategies

Qualification

FSANear-FSAActuarial experienceAnnuity product expertiseActuarial modeling toolsValuation frameworksRegulatory guidelinesBusiness acumenPricing of MYGAGLWBVM-21Hedging programs knowledgeProduct filing processSales illustrations exposureTechnical communicationDecision-making skills

Required

FSA or near-FSA with strong product experience
5+ years of actuarial experience, with a focus on product design and pricing
Expertise in annuity product lines
Hands-on experience with actuarial modeling tools or custom Python/Excel-based tools
Solid understanding of valuation frameworks, capital requirements, and regulatory guidelines
Ability to clearly communicate technical concepts to non-actuaries
Strong business acumen and decision-making skills

Preferred

Pricing of MYGA and fixed indexed annuities (FIAs)
Experience with GLWB, GMDB, or other living/guaranteed benefit riders
Familiarity with VM-21, VM-22, and C3 Phase II
Working knowledge of hedging programs and ALM concepts
Experience in product filing process and supporting regulatory discussions
Exposure to sales illustrations, competitive intelligence tools, or inforce repricing

Benefits

PTO
Health benefits
Career growth opportunities

Company

Ceres USA

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Ceres USA is transforming the traditional annuity experience with a solid financial foundation and the leadership of recognized industry innovators, a proprietary all-digital, tech forward operating platform and standard-setting service and support for advisors and policyholders.
location
Scranton, Pennsylvania, USA
people-size51-200 employees
web-link
https://ceresinsurance.com

H1B Sponsorship

Ceres USA has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (7)
2024 (1)
2023 (2)
2020 (1)

Funding

Current Stage
Growth Stage

Recent News

PR Newswire
The Westaim Corporation Announces Andrew Rabinowitz Has Joined Arena Investors Group Holdings as President and General Counsel
2025-11-24
Company data provided by crunchbase