| Description: |
Pricing Actuary opening in Southeast. Key transactional pricing accountabilities include: client experience and mortality assessment; pricing assumption setting; optimal product and deal structure; identification and quantification of risks in the proposed transaction and identification of mitigating structures or strategies; model projections; strong partnership with deal team, marketing actuary, account executive, and client. Participate in or lead project assignments such as assumption revisions, new legal entity and deal structures, and product development; support basic research around automated underwriting utilizing electronic data; peer review model and assumptions used for new business quotes, all supporting materials and studies used in Pricing Committee review packages, project and analytical studies to support pricing assumptions; assist other departments on various corporate projection work (e.g., budget projections, VNB, etc.); communicate effectively with pricing, marketing, product and senior management staff on deal status, expectations, strategy, and pricing assumptions; prepare and maintain workflow and pricing assumption documentation to satisfy all customers of the pricing process (Sales, Actuarial, Financial, Operations); work with Life Pricing Team, Product Area and Sales Team to continually improve pricing processes with respect to both quality and efficiency. ASA with at least 5 years of life actuarial experience, including two years or more in a pricing and product development role; reinsurance industry experience preferred and proficiency in one or more life actuarial pricing systems (e.g., AXIS, TAS, Prophet). Salary $open. (PR5344*) |