National Life Group is looking for an individual to lead analysis that supports in force policy holders, large cases, and evaluating actuarial considerations for new sales ideas, incorporating regulatory standards for indexed and fixed/traditional life products.
Requirements
- Minimum of 6 years of Actuarial experience with in-depth knowledge of life products and benefits, including pricing experience
- FSA designation from The Society of Actuaries required, or an ASA with a significant amount of additional experience
- Working knowledge of Nonforfeiture, 7702/7702A, Illustration, and other relevant standards.
- Solid financial modeling experience and ability to independently create pricing engines using actuarial software.
- Extensive experience with Microsoft Office suite especially Excel.
- Experience with MG-ALFA
- Annuity product knowledge a plus.
Responsibilities
- Lead analysis that supports in force policy holders, large cases, and evaluating actuarial considerations for new sales ideas.
- Problem solving, actuarial modeling, pricing, and incorporating regulatory standards for indexed and fixed/traditional life products.
- Partner with others in L&A Solutions, operations, legal, marketing, underwriting, and distribution as needed to support ad-hoc product requests.
- Reviewing large cases; special requests; profitability analysis; evaluating marketing programs; illustration and competitor product deep dives to understand competitor illustrations and features and optimal designs for National Life Group's life and annuity products.
- Understands pricing practices and develops as well as oversees modeling to understand profitability and analyze sensitivities.
- Understands and is able to reverse engineer key features of competitor products.
- Review and interpret product specifications and actuarial reports, actuarial memos for filings, regulatory documentation, with a focus on life product expertise.
Other
- This position currently offers an onsite work schedule, with the expectation that you are in the office four (4) days per week during onsite core days.
- Excellent communication skills to be able to explain complex actuarial topics to nontechnical audiences.
- Self-motivated and results-focused.
- Member of the American Academy of Actuaries preferred.
