Make an Impact on the Future of Our Annuity Products
We're looking for an experienced actuary who enjoys both hands-on analytical work and shaping product strategy. In this role, you'll lead pricing and inforce management projects for our individual annuity products--especially fixed indexed annuities (FIAs).
Your first major focus will be designing and pricing GLWB riders on FIAs. From there, you'll have the opportunity to influence product innovation, improve modeling processes, and collaborate across the company to strengthen our overall product suite.
If you like having real ownership, enjoy partnering with smart colleagues across multiple functions, and want to help build the next generation of annuity products, this role is a great fit.
What Will You Work On
- Lead pricing and design for FIAs, including GLWB riders.
- Support product filings and regulatory submissions.
- Prepare pricing results, documentation, and presentations for senior leaders.
- Help drive new product development--potentially including a RILA product.
- Assess the impact of reinsurance or M&A activity.
- Perform inforce management and analyze product experience trends.
- Enhance modeling frameworks and refine rate-setting processes.
- Monitor industry trends.
- Build a strong understanding of our current and past product offerings.
Leadership & Collaboration
- Work closely with partners in IT, investments, hedging, marketing, distribution, capital management, valuation, risk, compliance, and legal.
- Mentor junior actuaries and help build deeper expertise in annuity pricing.
- Drive projects forward with independence and confidence.
- Option to manage 1--2 direct reports while still spending most of your time as a hands-on individual contributor.
What You Bring
- Bachelor's degree in a related field.
- FSA or career ASA.
- 8+ years of actuarial experience, including 5+ years in annuity product development or pricing.
- Proficiency with MG-ALFA, AXIS, or similar pricing software (including asset modeling).
- Ability to independently lead pricing work from start to finish.
Ideal Strengths
- A proactive, self-starter mindset.
- Strong leadership and relationship-building skills.
- Clear, confident communication--especially when explaining complex topics.
- Comfort working across multiple teams and balancing competing priorities.
- Strong analytical and problem-solving abilities.
- Experience with product filings and regulatory processes.
- Strong organizational skills and the ability to manage multiple projects at once.
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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.
