Vice President, Retail Pricing & Design

Summary

Join Fidelity & Guaranty Life Insurance Company (F&G) as a Product Actuary, Life, where you will be responsible for product planning, design, and pricing of F&G Protection products. You will provide product expertise, strategy, and thought leadership to develop products that align with F&G's product strategy. This role reports to the VP, Protection Segment Product Officer and involves collaboration with various teams, including Product Implementation, Portfolio Product Management, Distribution, and Pricing Risk Committee. You will be actively involved in industry committees to stay informed about actuarial and regulatory developments that impact F&G's product strategy. This position offers leadership opportunities and direct and indirect reports.

Requirements

• Bachelor’s degree or equivalent experience required
• ASA and MAAA certifications required, FSA preferred
• Minimum of 7 years of related actuarial experience with progressively more responsibility with a concentration on Indexed Universal Life
• 4+ years of experience and leadership within an Actuarial product development function with a strong understanding of product, distribution, and regulatory requirements
• Experience with and knowledge of GGY AXIS or similar actuarial modeling software
• Experience leading a team and providing leadership within an organizational structure and able to establish processes necessary to implement strategic vision
• Demonstrated ability to apply actuarial principles to complex and ambiguous situations
• Strong problem-solving skills that include advanced analytical and reasoning abilities
• Ability to manage multiple key initiatives at one time and provide priority setting, resource assessment, and delivery management
• Unconditional integrity and commitment to delivering accurate information on schedule
• Demonstrated ability to proactively identify issues and to influence key project decisions to achieve desired outcomes
• Self-starter who demonstrates strong initiative and is able to operate efficiently in unpredictable and challenging project environments
• Ability to collaborate with and influence technical and non-technical audiences at all levels of leadership, either through verbal or written forms of communication
• Perform other functions, duties and projects as assigned
• Regular and punctual attendance
• Some travel required (less than 10%)

Responsibilities

• Collaboration with product leadership including Portfolio Product Manager, Distribution Leads, Marketing, and Competitive Intelligence to deliver product from concept phase through implementation
• Responsible for the development and pricing of Life products from the concept phase through implementation by
• Providing preliminary pricing to support concept development
• Creating pricing framework and filing strategy in planning phase
• Determining product features, collaborating with Protection Segment Leadership and Risk Committees to develop awareness and ensure understanding and buy-in of implications of design and feature decisions by Actuarial leadership
• Leading product pricing including risk analysis, pricing analysis, and product approval
• Developing product specifications and handoff to Implementation team
• Ownership and understanding of product, profitability, and risk to maximize profitability while achieving portfolio strategy
• Direct pricing model build, documentation, and handoff ensuring appropriate model governance procedures are followed
• Develop and nurture team engagement, development, and growth
• Foster a risk aware culture within the team
• Encourage, develop, and drive enhancements to create repeatable and scalable processes

Benefits

• F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements
• During the hiring process, you'll work with your leader to decide what works best for your role
• F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G
• If reasonable accommodation is needed to participate in the job application or interview process, please contact [email protected]