Pension Risk Transfer Pricing - Associate Actuary I

Job description

Are you resourceful and motivated with an entrepreneurial mindset? Are you able to manage multiple tasks and thrive when dealing with ambiguity? We are looking for an Associate Actuary I to demonstrate sufficient progress in understanding and applying basic actuarial principals, to join our Pension Risk Transfer Pricing team. This position is located at our downtown office in Houston, TX. In this role you will help scale the company’s PRT product after a market-leading launch. You will contribute to the pricing strategy of the business to ensure continued success and achievement of sales and profitability targets. Responsibilities include improving the processes used to perform and communicate complex actuarial analyses such as actuarial exhibits, pricing, reserving, financial planning, modeling, data analyses, and other tasks as assigned. What you'll do: ◦ Own retail annuity rate setting process for structured settlement and reinsurance products. ◦ Work on cross functional projects between retail annuity and PRT pricing teams. - Prepare and/or review Group Annuity Quotes with minimal guidance - Analyze data and longevity risk for bids and related analysis to refine the company’s l...