Global Atlantic Financial Group is seeking a Vice President, Annuity Product Design to join our Individual Market Team. This leadership role is central to our product development and innovation efforts, focusing on creating and pricing new annuity products that drive sales growth and build a leading industry portfolio. You will collaborate with internal and external stakeholders to develop creative retirement solutions for multiple distribution channels.
What You'll Do
- Lead timely research, development, and robust pricing of new annuity solutions.
- Use MG-ALFA or other actuarial projection software to build disciplined pricing models and conduct risk analysis for new product ideas and modifications.
- Effectively balance competitive and pricing objectives to achieve overall company goals.
- Implement best practices in pricing methods, automation, organization, and documentation to improve development efficiency and quality.
- Ensure product designs meet the desired risk and profitability profile, with policy forms that provide sufficient levers to manage profitability post-issue.
- Collaborate with the Annuity Product Implementation team during new product launch, supporting state and prospectus filings, marketing, and sales illustration.
- Partner with the Inforce Pricing team to set rates on new products and integrate them into product management processes.
- Communicate regularly with peers in product, risk management, investments, marketing, legal, and operations.
- Develop and maintain industry knowledge of economic, regulatory, and competitive environments to inform new product development.
What We're Looking For
- Bachelor’s Degree in Actuarial Science, Math, Statistics, Computer Science, Physics, or Engineering.
- Fellow of the Society of Actuaries.
Nice to Have
- Five plus years of experience in the annuity or life insurance industry.
- Five plus years of experience programming financial models in actuarial software like R3S, Prophet, Axis, or MG-ALFA, or languages like Python, C/C++, or Java.
- Direct product development experience.
Technical Stack
- MG-ALFA, R3S, Prophet, Axis, Python, C/C++, Java
Team & Environment
This role is part of the Individual Market Team, specifically within the Annuity Product Development team, and reports to the Director, Individual Markets.
Benefits & Compensation
- Salary range: $150,000—$190,000 USD
Work Mode
This is a hybrid position with offices in Hartford, CT, Des Moines, IA, and New York, NY.
KKR is an equal opportunity employer. Individuals seeking employment are considered without regard to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, or any other category protected by applicable law.
