Senior Associate Actuary, New Business Rate Setting

🕒 April 16

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F&G

WebsiteLinkedInAll Job Openings

501 - 1000 employees

Founded 1959

💸 Finance

🏢 Enterprise

Finance • Enterprise

F&G is a company that provides a portal for sales agents to manage their accounts and access resources. The SalesLink agent portal requires users to log in with their agent ID and password, offering features for password management and security protocols. F&G seems to focus on providing services and support for sales agents, possibly in the insurance or financial industry, as suggested by the email domain 'fglife. com'.

📋 Description

• Collaborate with distribution, competitive intelligence, investments, and company management to analyze pricing for annuity new business. • Perform analysis and contribute to rate decision recommendations for Annuity new business products by: • Conducting pricing analysis to evaluate product profitability. • Assessing and updating rate setting model inputs and assumptions. • Performing analysis to understand reinsurance impacts of rate setting decisions. • Creating demonstrations of Annuity new business profitability to support rate recommendations. • Contribute to informed data-driven decisions based on a thorough understanding of product, profitability, capital utilization, and risk. • Develop and update rate setting assumptions, maintain rate setting models, and create documentation to ensure appropriate governance procedures are followed. • Support the integration of new products, reinsurance treaties, and other updates into recurring pricing analysis and rate setting processes. • Develop and implement enhancements to create repeatable and scalable processes.

🎯 Requirements

• Bachelor's degree in mathematics, actuarial science or related degree or equivalent experience. • ASA required; FSA and MAAA Preferred. • 4+ years actuarial experience with progressively more responsibility. • Annuity product background preferred but not required, with preference for Fixed Annuity, Fixed Indexed Annuity, or Registered Indexed Linked Annuity experience. • Experience within various actuarial functions with an understanding of pricing, capital, and financial metrics. • Experience with and knowledge of GGY AXIS or similar actuarial modeling software.

🏖️ Benefits

• Flexible working arrangements. • Reasonable accommodations for applicants with disabilities. • Employee-centric hybrid work environment.