SummaryThe Actuary - Inforce Management reports to the VP, Inforce Management and serves as a leader within the Inforce Actuarial Pricing function. This role is accountable for owning the end-to-end execution of inforce management initiatives that drive profitability and support the growth of Life and Annuities blocks of business.
The position combines strong technical execution with the ability to translate actuarial analysis into clear business insights that inform decision-making across the organization. In addition to managing core processes such as experience studies, rate setting, and assumption development, the role actively contributes to improving how value is created and delivered across the inforce value chain.
This role requires active collaboration across Product Development, Finance, Investments, and other stakeholders to ensure aligned, efficient, and effective execution of inforce strategies. The role is expected to develop a broader enterprise perspective by connecting detailed actuarial work to business outcomes, strengthening decision-making, and enhancing overall value creation.
Key Functional Responsibilities- Translates actuarial analysis into clear business insights and actionable recommendations that influence cross-functional decisions.
- Recommend and implement rate changes while balancing profitability and competitiveness.
- Proactively challenges assumptions, identifies risks, and provides alternative perspectives to strengthen decision-making across the organization.
- Supports and contributes to reinsurance strategies and execution
- Owns end-to-end execution of Inforce Management initiatives with accountability for how outputs impact profitability, competitiveness, and downstream operations.
- Lead and execute experience studies to support pricing and inforce management decisions
- Actively drives alignment across Product Development, Finance, Investments, and other stakeholders to ensure cohesive execution of inforce strategies.
- Manage and develop actuarial staff in the inforce pricing unit
- Provides actuarial expertise to support product filings and regulatory alignment.
- Leads and contributes to strategic initiatives aligned with evolving business priorities.
Leadership Responsibilities- Models Servant Leadership Tenets in all aspects of leading the Inforce Management pricing team
- Lead and develop direct reports by fostering and supporting career development, motivating, engaging and capitalizing on employee strengths.
- Build cross-functional partnerships with other business units and teams throughout the organization (L&A Solutions - Product Development, Corporate Actuarial, Finance, Investments, Legal) using clear communications and transparency.
- Conduct regular one-on-one meetings with staff to facilitate open dialogue within group and cascade appropriate communications.
Requirements- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance or related field
- Strong communication skills and business acumen.
- Self-motivated and result-focused.
- ASA or FSA with a minimum of 7 years of actuarial experience.
- Ability to work in a fast-paced, dynamic environment
- Solid financial modeling experience using actuarial software, preferably MG-ALFA.
- Working knowledge of applicable Statutory, Tax and GAAP valuation and other regulatory requirements
- Must be able to pass a full background check
Benefits- Your benefits start day one and are flexible and customizable to your and your family's specific needs. Check out the BENEFITS of a Career at National Life!
Base Pay Range. The base pay range for this position is the range National Life reasonably and in good faith expects to pay for the position taking into account the wide variety of factors, including: prior experience and job-related knowledge; education, training and certificates; current business needs; and market factors. The final salary or hourly wages offered may be outside of this range based on other reasons and individual circumstances.
Additional Compensation and Benefits. The total compensation package for this position may also include a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. The successful candidate may also be eligible to participate in National Life's discretionary annual incentive programs, subject to the rules governing such programs. If hired, the employee will be in an "at-will position" and National Life reserves the right to modify base salary (as well as any other discretionary payment or compensation or benefit program) at any time, including for reasons related to individual performance, company or individual department/team performance, and market factors.
National Life is accepting applications for this role on an ongoing basis and the role remains open until filled.
Salary Pay Range
$138,750-$203,500 USD