Prosperity Life

Director/AVP, Life Pricing Actuary

Prosperity Life  •  Remote  •  3 months ago
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Job Description

Position Summary
Lead life insurance pricing and product initiatives from concept through launch and in-force management. Provide clear, decision-ready analytics and ensure pricing frameworks align with regulatory, capital, and accounting requirements.
Major Duties and Responsibilities
• Lead life product pricing and development initiatives (e.g., market research, profitability/risk-return assessment, pricing recommendations, and documentation).
• Develop and maintain pricing governance and in-force management processes to support ongoing profitability and competitiveness.
• Produce timely and insightful analytics/projections to support executive decision-making and performance reporting.
• Enhance and operationalize pricing models and tools (including model efficiency, controls, assumptions governance, and documentation).
• Coordinate cross-functionally (Product, Distribution, Operations, Valuation/Finance, Risk/ALM, Legal/Compliance, IT) to implement products and resolve production issues across platforms.
• Support ad hoc analysis for key business partners (e.g., Marketing, Operations, Finance, Corporate Development).
• External engagement (as applicable): participate in regulatory communications and respond to inquiries related to pricing methodology and product filings.

Job Qualifications (Required)
• Bachelor’s degree (or equivalent education/experience).
• Minimum 10 years of actuarial experience and FSA designation.
• Strong knowledge of PBR, GAAP, LDTI, and other life regulations/accounting frameworks.
• Demonstrated ability to present complex actuarial results clearly to executives and senior stakeholders.
• Proven ability to build collaborative relationships across diverse functional areas and manage multiple priorities/deadlines.

Preferred Qualifications
• Experience with modeling / enterprise pricing platforms (e.g., MG-ALFA or comparable).
• Prior pricing and product development experience in life insurance

Location

Remote (U.S.) or NYC/NJ area (hybrid/in-office as needed)
Prosperity Life

About Prosperity Life

Prosperity Life Group knows that for a future to flourish, it needs to be nurtured, cared for and protected. Since 1916, we’ve helped individuals and their families by providing life insurance, asset accumulation and supplemental health products to help them achieve their goals—whatever they may be. Today we stand stronger than ever with more than 300,000 policies, all rooted in innovation, empathy and advice.

Together, we can let life flourish.

AM Best financial strength ratings:

• A- (Excellent) rating

• A- Long-term creditor rating

• 4th highest of 15 ratings

• Stable Outlook

Prosperity’s insurance operating subsidiaries also have a Kroll rating of A-.

Prosperity Life Group is a marketing name for Prosperity Group Holdings, LP and its subsidiaries. Life insurance, annuities and supplemental health products are underwritten by SBLI USA Life Insurance Company, Inc. (SBLI USA), headquartered in New York, NY, and S.USA Life Insurance Company, Inc. (S.USA) and Shenandoah Life Insurance Company (Shenandoah Life), both headquartered in Roanoke, VA. Only SBLI USA is an authorized New York insurer. S.USA and Shenandoah Life are not authorized as insurers in, and do not do insurance business in, New York. Each underwriting company is responsible for its own financial and contractual obligations. SBLI USA Life Insurance Company, Inc. is not affiliated with The Savings Bank Mutual Life Insurance Company of Massachusetts or The Savings Bank Life Insurance Company of Connecticut.

Industry
Finance & Insurance
Company Size
201-500 employees
Headquarters
New York, NY
Year Founded
1916
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