Actuary - Product Development

Apollo

• $95K — $115K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 6+ years of actuarial experience in annuities or life insurance including product development.
  • Experience with fixed and indexed annuities, focusing on profitability and risk evaluation.
  • Proficient in actuarial modeling and analytics, and skilled with Microsoft Office and emerging technologies.
  • Strong critical thinking and problem-solving abilities, with a focus on prioritization in dynamic environments.
  • Excellent communication and collaboration skills, with technical writing capabilities essential for product lifecycle documentation.
  • Bachelor’s degree in mathematics or actuarial science; ASA designation or higher preferred.

Responsibilities

  • Develop and assess new annuity products through competitive research and business case analysis.
  • Conduct advanced risk analysis and determine pricing assumptions using actuarial modeling tools.
  • Support product launch by managing regulatory filings and translating designs into system specifications.
  • Collaborate with Actuarial and other teams to ensure smooth product integration and implementation.
  • Review and align product and marketing materials with design specifications, identifying improvement opportunities.
  • Utilize technology and AI tools to enhance analysis and research efficiency, enabling higher-impact product development.

Benefits

  • Collaboration with a diverse team focused on innovation and actionable results.
  • Access to advanced technology and AI tools for enhanced productivity.
  • Opportunity to influence product development and shape retirement solutions.
  • Strong professional development environment supported by a strategic partnership with Apollo.
Full Job Description
Purpose & Impact: Join Athene’s Product Development team and help shape innovative retirement solutions in a business with significant scale, momentum and opportunity. In this role, you’ll contribute across the product lifecycle—from competitive research, design and pricing through risk analysis, regulatory filings and implementation—while partnering with stakeholders across Actuarial and the broader organization.

You’ll have the opportunity to apply deep actuarial expertise, challenge existing approaches and help move ideas from concept to market. As part of Athene, you’ll work in an environment strengthened by our strategic relationship with Apollo, where innovation, disciplined decision-making and a bias for action help us deliver solutions at scale. Our BEAM values—Believe in your co-workers, Engage actively, Act like owners and Make it happen—shape how we work together and deliver results.

Key Deliverables:


  • Develop and evaluate new annuity product opportunities, using competitive research, business-case analysis and actuarial judgment to inform product design and strategy. 
  • Evaluate product profitability and perform advanced risk analysis using actuarial modeling tools, including developing and implementing appropriate pricing assumptions. 
  • Support product execution from design through launch by preparing regulatory filings, responding to inquiries and translating product designs into specifications for administrative systems. 
  • Partner across Actuarial and other functions to integrate new products into downstream processes and deliver effective, scalable implementations. 
  • Review product and marketing materials for alignment with product design while proactively identifying risks, issues and opportunities for improvement. 
  • Apply technology and AI-enabled tools appropriately to accelerate analysis, research and routine work, creating more capacity for actuarial judgment, innovation and higher-impact product development. 


What You Need to Bring:


  • 6+ years of relevant experience in actuarial work within the annuity or life insurance industry, including product development, pricing and/or risk management, or other relevant experience. 
  • Experience with fixed annuities, fixed indexed annuities and/or registered index-linked annuities, with the actuarial judgment to evaluate product profitability and risk. 
  • Strong actuarial modeling and analytical capabilities, complemented by proficiency with Microsoft Office and the ability to use emerging technologies and AI thoughtfully to improve efficiency and insight. Experience with Python, SQL, or other programming and database technical tools beneficial. 
  • Demonstrated critical thinking, creativity and independent judgment, with the ability to establish priorities, solve complex problems and move multiple initiatives forward in a changing environment. 
  • Strong communication and collaboration skills, with the ability to influence stakeholders, share expertise and provide technical or informal guidance to colleagues. Technical writing skills are also important to execute on key deliverables throughout the product life cycle. 
  • Bachelor’s degree in mathematics, actuarial science or a related field, or equivalent experience; Associate of the Society of Actuaries (ASA) designation or higher 

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