Actuarial Product Consultant

Guardian Life Insurance • Holmdel Township, NJ

2d • Hybrid

About The Position

Is the opportunity to join a culture where “We Do the Right Thing,” and “We Courageously Shape Our Future Together” important to you? If so, Guardian is seeking a resolute motivated individual to join our team as an Actuarial Product Consultant. This role will be part of Guardian’s Annuity Pricing and Structured Solutions Team. The successful candidate will play a crucial and multifaceted role in the context of pricing, development, and support of existing and new annuity products. This position requires a curious, technically proficient, and highly analytical individual who enjoys sophisticated solutions design including hands-on modeling and contributing to regular as well as exploratory product pricing. 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 both ALM modeling and economic analysis/risk management and with the ability to communicate effectively to a wider audience. You are skilled at applying actuarial principles, logic, programming, and business knowledge to solve complex problems.

Requirements

• Recent FSA designation from the Society of Actuaries required.
• 5+ years of Insurance relevant experience preferably in areas such as product pricing, Economic Capital or Cash Flow Testing modeling and reporting.
• Experience with asset and/or liability modeling in GGY AXIS required.
• Excellent analytical, problem-solving, and communication skills.
• Ability to work independently and lead multiple projects in a collaborative team environment.
• Proficiency in Microsoft Office.

Nice To Haves

• Knowledge of financial derivatives and hedging is a plus.
• Experience with Python and VBA is a plus.
• Knowledge of individual or group annuity products, such as Income annuity, MYGA, Registered Index Linked Annuities and Fixed Index Annuities or group in-plan annuity solutions is a plus.

Responsibilities

• 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 accuracy in pricing and reporting.
• Assist in the development and validation of actuarial models, ensuring compliance with company and regulatory model governance standards.
• Lead or contribute to projects related to new product development and enhancements to existing annuity models and offerings.
• Work closely with senior leadership to align pricing strategies with overall business objectives.
• Perform ad hoc analysis and provide actuarial support to cross-functional teams.
• Communicate the results to senior leaders through well-organized and documented spreadsheets, PowerPoint presentations, memos, and emails.

Benefits

• At 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.
• As 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.
• Explore our company benefits at www.guardianlife.com/careers/corporate/benefits.
• Benefits apply to full-time eligible employees.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed