The AVP, Annuity Risk Management & Pricing plays a key leadership role in overseeing the risk and pricing strategy for the company's annuity product portfolio, with a focus on Variable Annuities (VA) and Registered Index-Linked Annuities (RILA).
Your role and impact
Here's a glimpse of your responsibilities and the meaningful impact you'll create as the AVP, Annuity Risk Management & Pricing:
- Playing a key role in pricing and risk oversight for VA and RILA products, including model development, assumption setting, and profitability analysis
- Providing leadership in the design, development, and governance of actuarial and financial models used in pricing and risk management
- Performing stress testing, scenario analysis, and sensitivity testing to assess market and policyholder risks
- Partnering with investments and hedging teams to support risk mitigation and asset-liability management (ALM) strategies
- Providing input and recommendations throughout the product development and approval lifecycle
- Developing tools, analytics, and processes to improve modeling efficiency and decision-making
- Communicating complex actuarial and financial insights to senior leadership and non-technical stakeholders
- Leading and mentoring actuarial and quantitative team members, fostering technical development and strong collaboration
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
- Bachelor's degree in actuarial science, mathematics, statistics, financial engineering, or a related field
- ASA required; FSA strongly preferred
- 8+ years of experience in actuarial, risk management, or annuity-related roles
- Strong expertise in annuity products, particularly VA, RILA, and/or FIA
- Experience with actuarial modeling platforms (e.g., AXIS preferred or similar tools)
- Proficiency in programming and data analysis (e.g., Python, C++, MATLAB, or similar)
- Strong understanding of financial markets and their impact on annuity products
- Proven ability to manage multiple priorities in a fast-paced environment
- Excellent communication skills with the ability to convey complex concepts clearly
- Experience with hedging strategies, derivatives, and capital markets as applied to annuity guarantees
- Knowledge of regulatory and capital frameworks (e.g., statutory valuation, VM-21, CTE metrics)
- Experience working with large datasets and databases (e.g., SQL)
- Prior experience leading or managing teams
Skills Required
- Bachelor's degree in actuarial science, mathematics, statistics, financial engineering, or a related field
- ASA required; FSA strongly preferred
- 8+ years of experience in actuarial, risk management, or annuity-related roles
- Strong expertise in annuity products, particularly VA, RILA, and/or FIA
- Experience with actuarial modeling platforms (e.g., AXIS preferred or similar tools)
- Proficiency in programming and data analysis (e.g., Python, C++, MATLAB, or similar)
- Strong understanding of financial markets and their impact on annuity products
- Proven ability to manage multiple priorities in a fast-paced environment
- Excellent communication skills with the ability to convey complex concepts clearly
- Experience with hedging strategies, derivatives, and capital markets as applied to annuity guarantees
- Knowledge of regulatory and capital frameworks (e.g., statutory valuation, VM-21, CTE metrics)
- Experience working with large datasets and databases (e.g., SQL)
- Prior experience leading or managing teams
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.
