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AVP, Annuity Product

4 months ago

Kansas City, United States International Executive Service Corps Full time

Head of Annuity Product Lines P&LAmerico : Were in this for lifeThe roots of the Americo family of companies date back more than 100 years.Americo is alife insurance and annuity company providing innovative products to our customers.At Americo, its the people who make things work, so we hope you join usWhat youll love about working at Americo:Compensation: Youll feel valued with our competitive pay and robust bonus program thats offered to all associates.Learning and development :We prepare you with a comprehensive, paid training program that will get you ready for success. Additionally, our Talent Development team creates a variety of development opportunities for associates at every stage of their careers.Work-life balance : We place true value on work-life balance with our generous paid time off; you begin accruing hours right off the bat every month and it increases with tenure. All new hires earn over 4 weeks of paid time off annually, plus 11 paid company holidays We also support new mothers with a generous new child leave program, along with paid STD and LTD.Health and well-being : We commit to your health and well-being and are proud to offer comprehensive health and life insurance options including FSA or HSA accounts and subsidies to support your health and fitness goals through vendor partnerships at The Y, Orange Theory, WW, and more.Future planning :Americo offers a 401(k) with a company match, and we provide child care and education tax credits or savings options.Giving back :We support several local organizations like Ronald McDonald House, Hope Lodge, the American Red Cross, Harvesters, and many more. Our associates volunteer their time and donate money alongside the company to make a difference in our community.The fun stuff :Americo participates in Kansas City Corporate Challenge, and its a great way to connect with coworkers. Additionally, we host events like a Royals Party at the K, a legendary Holiday Party, and in-office events with local vendors as a way for associates to step away from work and enjoy each others company.Bustling environment :Our newly renovated offices are conveniently located in downtown Kansas City, within walking distance to your favorite restaurants and attractions. Plus, youll receive complimentary paid parking near our Americo offices downtown parking is a premium, but weve got you covered.Job Summary :Americo is currently hiring for a Head of Annuity Product Lines P&Lto oversee the entirety of the Fixed and Indexed Annuity lines for the Americo family of companies. This includes product development, monitoring experience, making crediting rate recommendations, and setting the long term product strategy. This position is considered an officer level.Key Responsibilities:Formulate the long-term annuity product line strategy for existing business and new salesDirect the pricing and development of new annuity productsProvide recommendations for interest crediting for new and renewal ratesMonitor profitability of and risks to the annuity portfolioOversee retention and conservation programs to maintain an optimal level of persistencePersonnel issues hiring, firing, performance reviews, etc.Knowledge, Skills, and Abilities:Knowledge of STAT, Tax, and GAAP Valuation, as well as regulatory requirements surrounding annuity productsKnowledge of investment concepts, including hedgingKnowledge and experience using actuarial software for projections and pricingCommunication skills written and oralEducation:4 year degreeFSA#J-18808-Ljbffr

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