Job Description:
• Recommend Experience studies as well as other structural, value or methodology changes related to assumptions for the retail block to the Assumptions Committee
• Enhance departmental processes and analytical capabilities including the deployment of new analysis techniques where appropriate
• Maintain knowledge of emerging industry experience for product features and benefits pertinent to F&G inforce blocks and integrate industry experience into assumption review process where F&G experience is less credible.
• Participate in and utilize third party services and surveys to augment understanding of emerging experience and expectations of future experience, especially where F&G experience is not credible and future experience has high impact on emergence of profits.
• Responsible for the development of management reports on the inforce blocks of business.
• Collaborate with actuaries and non-actuaries on investigations and conclusions regarding the inforce blocks.
• Identify, propose, and pursue opportunities to improve the financial or risk position of the inforce blocks outside of the scope of renewal rate setting or repricing.
• Guide direct reports through iterative report development and quantitative or qualitative investigations.
• Develop and nurture team engagement, development, and growth.
• Support a risk aware culture within the team.
• Develop enhancements to create repeatable and scalable processes.
Requirements:
• Bachelor's Degree in mathematics, actuarial science or related degree or equivalent experience
• 5+ year of relevant experience with progressively more responsibility with a concentration on Individual Annuities and/or Individual Life Insurance products
• 5+ year of relevant experience within an Actuarial product development function, financial reporting, or reinsurance function preferred
• ASA and MAAA certifications; FSA Preferred
Benefits:
• Flexible work arrangements
• Employee-centric hybrid work environment