Director, Actuary - Product Development

Company: Athene
Location: West Des Moines
Posted on: January 26, 2023

Job Description:

We are Athene. At Athene, we are driven to do more. We are a leading retirement services company that issues, reinsures and acquires retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. We see every day as a new opportunity to measure ourselves against the best - and then we don't stop until we've set the bar even higher. We're ready to help you achieve more.Purpose:Our Product team is responsible for new product development including: design, pricing, risk analysis and product implementation. This position is responsible for developing products that meet the competitive needs of customers and various distribution channels while delivering profitability and risk analysis within corporate guidelines.Accountabilities:

• Lead aspects of product development for a specific product line and present to internal stakeholders.
• Set actuarial assumptions and develop/validate new business models.
• Perform pricing exercises and risk analysis to ensure new products are developed in accordance with profit and risk objectives.
• Responsible for supporting product filings to obtain state approvals for new products. Stay current on emerging regulations and ensure ongoing compliance with state and federal regulations.
• Prepare all spec documents, pricing memos and support drafting of new contract language.
• Support implementation team to ensure products are delivered timely and in line with product roadmap.
• Support marketing initiatives for new and existing product lines.
• Lead small team of actuarial staff.Qualifications and Experience:
  • A degree in Actuarial Science and/or related field is required.
  • FSA and MAAA certifications are required.
  • 7+ years of actuarial and business related experience required.
  • Strong technical, analytical, organizational, computer and team skills.
  • Proven leadership experience and the ability to prioritize workload to meet deadlines and attain maximum effectiveness.
  • Strong MS Office proficiency and actuarial software experience with MG-ALFA is preferred.
  • Strong communication skills and the ability to establish and maintain strong relationships within the company.
  • Strong Fixed Index Annuities knowledge.
  • Strong presentation skills.
  • Ability to make decisions, use independent judgment, establish priorities, and work effectively on multiple initiatives concurrently.
    138,150.00 - 168,850.00 USD AnnualAnnual Salary for this role is market competitive. - Actual salary for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer. -Depending on the role, a discretionary bonus plan may be included.Drive. Discipline. Confidence. Focus. Commitment. - Learn more about .Athene is a Military Friendly Employer! - Learn more about how we support our .Athene celebrates diversity, is committed to inclusion and is proud to be an Equal Opportunity Employer. - We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, marital status, sexual orientation, veteran status or any other status protected by federal, state or local law.

Keywords: Athene, West Des Moines , Director, Actuary - Product Development, Accounting, Auditing , West Des Moines, Iowa