We are seeking an experienced actuarial leader to drive life insurance product pricing, development, and in-force management. This is a hands-on leadership role that combines technical actuarial work, product strategy, cross-functional collaboration, and team development.
Your role and impact
- Leading actuarial analysis for the design, pricing, and development of life insurance products, including pricing models, assumptions, and experience monitoring
- Preparing actuarial memoranda, pricing documentation, and regulatory filing support while ensuring compliance with applicable requirements
- Evaluating product competitiveness, profitability, capital requirements, and risk, including reinsurance solutions and opportunities for product innovation
- Collaborating cross-functionally to support product development, implementation, system validation, and ongoing administration
- Analyzing in-force product performance and recommending changes to credited rates, dividend scales, and other product features
- Conducting experience studies and profitability analyses covering mortality, persistency, lapses, premiums, expenses, commissions, and investment returns
- Supporting illustration testing, product governance, complex policyholder inquiries, and operational improvement initiatives
- Contributing to product strategy, business planning, product roadmaps, market analysis, and enterprise initiatives
- Preparing management reports, business analyses, and board presentations while communicating actuarial findings and recommendations to key stakeholders
- Managing and developing two to three direct reports, mentoring actuarial talent, supporting the actuarial student rotation program, and maintaining relationships with reinsurers, consultants, vendors, and industry organizations
What's in it for you
- Competitive pay: Fair compensation for your hard work.
- Healthcare coverage: Comprehensive medical, dental, and vision from day one.
- Life insurance: Company-paid coverage for you and your loved ones.
- 401(k) plan: Matching contributions to help secure your financial future.
- Family support: Paid parental leave and reimbursement for adoption and surrogacy expenses.
- Work-life balance: Flexible time-off policy to recharge and pursue passions.
- Dress for your day: Express your style comfortably at work.
- Inclusion and Culture: A respectful environment that values unique contributions.
- Flexible work options: Remote, hybrid, and onsite opportunities at various locations across the U.S. for better work-life integration.
- Well-being focus: Programs to support a healthy balance between work and home life.
- Community connections: Build strong relationships through virtual and in-person interactions, with resources for your growth.
What sets you up for success
- At least 10 years of actuarial experience in the life insurance industry, with significant experience in product pricing, product management, or related actuarial functions
- Fellow of the Society of Actuaries (FSA) or Associate of the Society of Actuaries (ASA)
- Member of the American Academy of Actuaries (MAAA)
- Advanced knowledge of IUL, UL, BOLI, Term Life, and Whole Life products
- Strong actuarial modeling and analytical skills; MG-ALFA and/or Integrate experience preferred
- Experience supporting state and Compact product filings
- Strong understanding of illustration regulations, AG 49A, and Internal Revenue Code Sections 7702 and 7702A
- Comprehensive understanding of life insurance product development and implementation
- Strong project management, problem-solving, communication, and presentation skills
- Ability to translate complex analyses into practical recommendations and influence stakeholders across business functions
Skills Required
- At least 10 years of actuarial experience in the life insurance industry, including significant product pricing, product management, or related actuarial experience
- Fellow of the Society of Actuaries or Associate of the Society of Actuaries
- Member of the American Academy of Actuaries
- Advanced knowledge of IUL, UL, BOLI, Term Life, and Whole Life products
- Strong actuarial modeling and analytical skills
- Experience with MG-ALFA and/or Integrate
- Experience supporting state and Compact product filings
- Strong understanding of illustration regulations, AG 49A, and Internal Revenue Code Sections 7702 and 7702A
- Comprehensive understanding of life insurance product development and implementation
- Strong project management, problem-solving, communication, and presentation skills
- Ability to translate complex analyses into practical recommendations and influence stakeholders across business functions
What We Do
Constellation® is a growing portfolio of medical professional liability insurance and partner companies including MMIC, UMIA, Arkansas Mutual and MMIC RRG. We were formed in response to the ever-changing realities of health care and dedicated to reducing risk and supporting physicians and care teams, thereby improving business results. We help medical professionals attain their dream to help, heal, and serve. Our strategy is based on the fundamental belief that together we are stronger, that by sharing resources and expertise, we can help physicians, health care teams and health care institutions reduce risk, improve care and increase profitability. The best part is, what we do is good for everybody. This is how we arrived at our brand strategy, ”Together for the common good.” By working together, we all become part of something bigger than ourselves." Our insurance protects something we can all get behind: Your commitment to provide the very best in care For decades we have been backing the great work of physicians, clinics, hospitals, health systems and senior living communities throughout the country. And, we're mutual—our policyholders are owners, and their influence and expertise help guide the decisions that have made us financially strong for more than three decades. And, our policies come with brainpower—our responsive team is here to answer your questions, help you manage unanticipated situations, and keep you current in the ever-changing health care industry. We offer webinars, assessments and events, plus data analytics and action plans—all designed to help you minimize your risks and improve patient safety practices, using data-informed, customized action plans.
