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Guardian Life Insurance

Actuary, Annuity Pricing

Guardian Life Insurance, New York, NY


Guardian is seeking an experienced and motivated Actuary to join Guardian’s Annuity Pricing Team. The successful candidate will play a crucial role in the pricing, development and NBV reporting for both existing and new individual and group annuity products. This position requires a highly analytical and technically proficient individual who can drive pricing strategies and contribute to the development and enhancement of actuarial models. This is a visible role that involves collaboration with multiple areas, including product development, valuation, finance, hedging, reinsurance, IT, legal, and corporate actuarial.You are:An actuary with a passion for pricing and economic analysis and the ability to communicate effectively to a wider audience. You are skilled at applying actuarial principles, logic, and business knowledge to solve complex problems.You have:FSA designation from the Society of Actuaries5+ years of relevant experience preferably in areas such as pricing, ALM, EC or CFT modeling and reportingKnowledge of individual or group annuity products, such as Fixed Income Annuities, MYGA, FIA, RILA or group in-plan annuity solutions, a plusExperience with asset and liability modeling using GGY AXIS or other actuarial modeling platforms highly desirableExperience with programming languages such as Python and VBA a plusExcellent analytical, problem-solving, and communication skillsAbility to work independently and lead multiple projects in a collaborative team environmentProficiency in Microsoft OfficeYou will:Collaborate with cross-functional teams to support pricing strategy and NBV reporting for existing and future annuity products.Conduct detailed actuarial analysis and modeling to ensure accurate and competitive pricing structures.Assist in the development and validation of actuarial models, ensuring compliance with company and regulatory standards.Lead or contribute to projects related to new product development and enhancements to existing annuity models and offerings.Provide technical guidance and expertise on pricing assumptions, methodologies, and best practices.Work closely with senior leadership to align pricing strategies with overall business objectives.Perform ad hoc analysis and provide actuarial support to cross-functional teamsCommunicate the results to senior leaders through well-organized and documented spreadsheets, PowerPoint presentations, memos, and emailsReporting Relationships:You will report to the Lead Actuary heading Annuity Pricing, who reports to Guardian’s Head of Life Insurance and Annuity Solutions.Location and Work Arrangement:The primary location for this position is New York, NY.The work arrangement is hybrid, with at least 2 days per week in the local Guardian officeTravel:Minimal travel associated with this position (less than 5%)Salary Range$148,940.00 - $244,685.00The salary range reflected above is a good faith estimate of base pay for the primary location of the position. The salary for this position ultimately will be determined based on the education, experience, knowledge, and abilities of the successful candidate. In addition to salary, this role may also be eligible for annual, sales, or other incentive compensation.Our PromiseAt Guardian, you’ll have the support and flexibility to achieve your professional and personal goals.  Through skill-building, leadership development and philanthropic opportunities, we provide opportunities to build communities and grow your career, surrounded by diverse colleagues with high ethical standards.Inspire Well-BeingAs part of Guardian’s Purpose – to inspire well-being – we are committed to offering contemporary, supportive, flexible, and inclusive benefits and resources to our colleagues.Health CareChoice of [high deductible/copay] medical plans* with prescription drugs, including coverage for fertility and transgender inclusive benefitsDental planVision planHealth care accounts – flexible spending, health reimbursement, and health savings accountsCritical illness insuranceLife and Disability InsuranceCompany-paid Life and Disability insurance plus voluntary supplemental coverageAccident insuranceRetirement and Financial401(k) retirement plan with a company match, plus an annual age/service-based Company contribution and an annual profit-sharing contribution, if applicableComplimentary 1:1 financial guidance with a licensed Fidelity representativeTime Off and Remote WorkFlexible work arrangements (part in-person/part remote)Unlimited paid time off for most roles plus time off for volunteering, jury duty, voting, and bereavementPersonal holidays for colleagues to use in recognition of religious, cultural, or civic daysPaid parental leave and paid family and medical leave policiesEmotional Well-being and Work-LifeEmotional well-being, mental health, and work/life resources powered by Spring HealthWellness programs, including fitness program and equipment reimbursementChild, adult, and elder back-up care support through Bright HorizonsAdoption assistanceCollege planningTuition reimbursementStudent loan assistanceCommuter benefits in select metropolitan areasEquity & InclusionOpportunities to build inclusive and meaningful connections through involvement in colleague-led affinity groups:Employee Resource Groups:Colleague Connection CommitteesCommunity Involvement CommitteesA culture that encourages colleagues to bring their authentic selves to workVoluntary self-IDPronunciation and phonetic spelling of namesBenefits apply to full-time eligible employees. Interns are not eligible for most Company benefits.Equal Employment OpportunityGuardian is an equal opportunity employer. All qualified applicants will be considered for employment without regard to age, race, color, creed, religion, sex, affectional or sexual orientation, national origin, ancestry, marital status, disability, military or veteran status, or any other classification protected by applicable law.AccommodationsGuardian is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. Guardian also provides reasonable accommodations to qualified job applicants (and employees) to accommodate the individual's known limitations related to pregnancy, childbirth, or related medical conditions, unless doing so would create an undue hardship. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact applicant_accommodation@glic.com.Current Guardian Colleagues: Please apply through the internal Jobs Hub in Workday.SummaryLocation: New York; HolmdelType: Full time