Actuary - Annuity Pricing & Product Specialist

3 weeks ago


Texas, United States Selby Jennings Full time

About the Role:

We are seeking an experienced Actuary to join our team at Selby Jennings. As an Actuary - Annuity Pricing & Product, you will play a key role in developing and enhancing pricing models for indexed annuities, incorporating market trends and actuarial principles.

Key Responsibilities:

  • Develop and Enhance Pricing Models: Design, implement, and optimize pricing models for indexed annuities, ensuring they are aligned with company strategies and regulatory requirements.
  • Product Development: Collaborate with cross-functional teams to develop and launch new annuity products, incorporating actuarial principles and market trends.
  • Financial Analysis: Analyze financial performance and profitability of products, identifying areas for improvement and recommending adjustments as needed.
  • Industry Monitoring: Stay up-to-date with industry developments, identifying opportunities for innovation and strategic growth.
  • Reporting and Communication: Prepare detailed reports and presentations for senior management and stakeholders, ensuring clear and concise communication of key findings and recommendations.

Requirements:

  • Actuarial Experience: Minimum 8 years of actuarial experience in product development or pricing, specifically with indexed annuities.
  • Actuarial Designations: FSA designation preferred.
  • Technical Skills: Strong proficiency in actuarial software and statistical tools, including experience with modeling software such as MG-ALFA.
  • Soft Skills: Excellent analytical, communication, and project management skills.


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