Director, Actuary
Job Description:
- Lead the development and execution of pricing strategies for Group and Supplemental Benefits products (e.g., group life, disability, and voluntary/worksite benefits)
- Own pricing assumptions, methodologies, and governance to ensure alignment with profitability and risk objectives
- Partner closely with Product, Underwriting, Finance, Distribution, and Claims to support new product development, rate actions, and in-market strategy
- Evaluate product performance, emerging experience, and competitive positioning to recommend pricing and product adjustments
- Oversee the development, enhancement, and governance of actuarial pricing models
- Provide actuarial leadership for rate filings, regulatory compliance, and internal review processes
- Present pricing recommendations and business insights to senior leadership and key stakeholders
- Lead, mentor, and develop actuarial talent, fostering a high-performing and collaborative team environment
- Drive process improvements, automation, and the adoption of advanced analytics in pricing
Requirements:
- Bachelor’s degree
- Fellow of the Society of Actuaries (FSA) designation required
- 6+ years of actuarial experience, with significant experience in Group and/or Supplemental Benefits pricing
- Strong understanding of pricing frameworks, risk management, and insurance product design
- Knowledge of regulatory environments and rate filing processes for group and supplemental insurance products
- Experience developing and managing actuarial models; familiarity with modeling tools such as MG-ALFA is a plus
- Advanced proficiency in Excel; experience with SQL, R, Python, or similar tools preferred
- Excellent communication and presentation skills, with the ability to influence senior stakeholders
- Strong business acumen and ability to balance technical rigor with practical decision-making.
Benefits:
- Competitive compensation
- Flexible work arrangements