Product Development Actuary - Annuity-8962
Client in the Midwest has a need for an Annuity Product Development Actuary. The incumbent is responsible for the assessment of new product features and benefits within a defined set of constraints for product profitability and risk metrics; and analysis of competitor product features and rate actions within the Fixed Indexed Annuity industry as well as within the broader retirement industry.
Key assignments in this role will include: enhancing/assisting in new product design concepts, building and programming MG-AFLA functionality for new product technical assessment, performing profit studies, providing competitive benchmarking measures and researching/applying regulatory changes.
· ASA or FSA
· 4-10 years of Annuity or Life Insurance Actuarial experience
· Solid experience in a Product Development capacity
· Fixed Indexed Annuity experience is preferred
· MG-ALFA experience is preferred.