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Guardian Life · 4 days ago

Structured Solutions Pricing Actuary

New York, NY

Full-time

Onsite

Mid, Senior Level

$119K/yr - $195K/yr

5+ years exp

Guardian Life is seeking a motivated recent FSA to join their Annuity Pricing and Structured Solutions Team. The successful candidate will play a crucial role in pricing, development, and support of insurance products, particularly those involving financial derivatives.

DentalFinancial ServicesHardwareInsuranceLife Insurance

No H1B

U.S. Citizen Only

Responsibilities

Support existing annuity pricing processes as well as new product development initiatives, or enhancements to existing models or offerings with focus on products that include financial derivatives

Create trade instructions for the trading team concerning all equity hedging programs

Monitor, analyze and improve equity hedging strategies for RILA and FIA insurance products

Design, develop and maintain tools and systems to execute the equity hedging and NGE processes in a highly automated fashion

Develop recommendations for Non-Guaranteed Elements (NGE, mostly renewal rates) of annuity and life insurance products and present them to senior leaders

Perform ad hoc analysis related to equity hedging and NGE and communicate to senior leadership

Design, develop, and support in-house IT system to calculate segment interim value of the Guardian RILA product

Qualification

FSA designationHedging experiencePythonVBAFinancial derivatives knowledgeAnalytical skillsMicrosoft Office proficiencyProblem-solving skillsCommunication skills

Required

Recent FSA designation from the Society of Actuaries

5+ years of relevant experience preferably in areas such as hedging, pricing, Economic Capital or Cash Flow Testing modeling and reporting

Ability to design and program technical solutions

Knowledge of financial derivatives and hedging a plus

Experience with Python and VBA a plus

Experience with asset and/or liability modeling on any modeling platform a plus

Excellent analytical, problem-solving, and communication skills

Knowledge of individual or group annuity products, such as Registered Index Linked Annuities, Fixed Index Annuities and other individual annuity or group in-plan annuity solutions, a plus

Ability to work independently and lead multiple projects in a collaborative team environment

Proficiency in Microsoft Office