Constellation Insurance, Inc.

AVP, Annuity Risk Management and Pricing

Constellation Insurance, Inc.  •  Cincinnati, OH (Hybrid)  •  2 months ago
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Job Description

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.

Qualifications

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

Preferred

  • 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
Constellation Insurance, Inc.

About Constellation Insurance, Inc.

We are a leading insurance holding company serving consumers and small business owners in the United States and Latin America through its insurance subsidiaries, which include AuguStar Life, AuguStar Retirement, National Security Life and Annuity Company, Ohio National Seguros de Vida S.A. and certain other affiliated (re)insurance entities.

As of December 31, 2022, Constellation’s family of insurance companies has over $34 billion in total assets under management. Constellation’s investors and equal partners, CDPQ and Ontario Teachers’, are two of the largest long-term institutional investors in North America, managing a total of over C$650 billion in net assets, including over C$140 billion in private capital investments.

Learn more about us at www.constellationinsurance.com.

This is for informational purposes only. Constellation makes no representation as to the completeness or accuracy of information provided at referenced websites and is not liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, sites, information and programs. When you access one of these websites, you assume total responsibility and risk for your use of these websites.

Industry
Finance & Insurance
Company Size
201-500 employees
Headquarters
Cincinnati, OH
Year Founded
Unknown
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