Annuity Associate Actuary - Life-8095
Insurance company in the Midwest has a need for an Annuity Associate Actuary. This position’s primary responsibility is to support the design, development, modeling, management, and implementation of Fixed Indexed Annuity products. The role will entail determination of product features, product development, sales illustrations and inforce management. There will be significant interactions with the Sales & Marketing, Valuation, Investment and Modeling departments. This role will mainly support the development, design, pricing, risk analysis, and on-going management of the Fixed Indexed Annuity products. The position supports discussions on new product designs, developing and maintaining profitability models, analyzing results, and any changes to the product lines of business. This position has visibility into state filings and inforce management of the annuity product line. Responsibilities also include working with and mentoring a small team of internal and external actuarial staff members. This position encourages and supports the advancement to FSA. Candidates need 4-7 years of experience, preferably within a pricing and annuity capacity with the ability to work well with cross functional departments.