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- Member of the US Pricing leadership team responsible for coaching, directing, enabling, and developing a large, high performing and highly engaged team of diverse actuaries and actuarial students.
- Directing pricing teams to design, develop, launch and monitor innovative life and annuity products that meet marketing, profitability, and risk management goals while complying with corporate guidelines and regulatory environment.
- Joining cross functional product development teams that also include representatives from marketing, systems, illustrations, legal, and contracts, to represent Pricing's interests and concerns.
- Working closely with Product Managers and Distribution on product design objectives that meet the needs of our customers in multiple distribution channels.
- Working with the AVP & Pricing Officer to present product financial results and explain key challenges and constraints at each step of the process.
- Collaborating with a second-line risk oversight team to ensure strategic direction is aligned with corporate risk appetite
- Responsible for additional projects related to the department's strategic objectives.
- You obsess about customers, listen, engage and act for their benefit.
- You think big, with curiosity to discover ways to use your agile approach and enable business outcomes.
- You thrive in teams and enjoy getting things done together.
- You take ownership and build solutions, focusing on what matters.
- You do what is right, work with integrity and speak up.
- You share your humanity, helping us build a diverse and inclusive work environment for everyone.
- Fellow of the Society of Actuaries (FSA) or equivalent with a minimum of 8 years of actuarial experience.
- Creativity and passion for innovation.
- 3+ years of experience with Fixed Indexed Annuity Pricing required.
- In depth knowledge of US Stat valuation and the regulatory environment for Fixed Annuity products.
- Knowledge of US Stat valuation and the US regulatory environment for Life Insurance products preferred.
- Life Insurance pricing experience preferred.
- Knowledge of investment and hedging concepts of indexed products.
- Knowledge of Annuity or Life modeling software. Direct experience with Moody's Axis preferred.
- Excellent analytical and creative problem-solving ability combined with very strong technical actuarial skills.
- Risk management focus, with ability to see beyond traditional measures and identify emerging issues.
- Ability to respond to changing demands from multiple stakeholders and prioritize needs and results while working under deadline pressure.
- A competitive salary and benefits packages.
- A growth trajectory that extends upward and outward, encouraging you to follow your passions and learn new skills.
- A focus on growing your career path with us.
- Flexible work policies and strong work-life balance.
- Professional development and leadership opportunities.
- Values-first culture
We lead with our Values every day and bring them to life together. - Boundless opportunity
We create opportunities to learn and grow at every stage of your career. - Continuous innovation
We invite you to help redefine the future of financial services. - Delivering the promise of Diversity, Equity and Inclusion
We foster an inclusive workplace where everyone thrives. - Championing Corporate Citizenship
We build a business that benefits all stakeholders and has a positive social and environmental impact.
Actuarial Director, Pricing Research and Development - Toronto, Canada - Company 19 - John Hancock Life Insurance Company (U.S.A.)
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Description
Description
The successful candidate will take on a multitude of product research and development projects, centered around the feasibility, design, and pricing of complex insurance and annuity products and riders, balancing business unit marketing and financial goals. Adaptability to rapidly changing circumstances in the internal and external environments will be a key challenge.
Key Responsibilities:
How will you create impact?
This successful candidate will leverage their expertise in this Life and Annuity space to bring new product lines to market. This role will report to the AVP & Pricing Officer, US Insurance.
What motivates you?
What we are looking for
What can we offer you?
Our commitment to you