AVP, Annuity Risk Management and Pricing

Location: Cincinnati, OH 45242

Role and responsibilities

The AVP, Annuity Risk Management and Pricing leads the risk and pricing strategy for the annuity product portfolio with a focus on Variable Annuities (VA) and Registered Index-Linked Annuities (RILA). The role encompasses overseeing pricing and risk, model development, assumption setting, and profitability analysis for VA and RILA products. You will guide the design, development, and governance of actuarial and financial models used in pricing and risk management, and conduct stress testing, scenario analysis, and sensitivity testing to evaluate market and policyholder risks. Collaboration with investments and hedging teams will support risk mitigation and asset-liability management strategies. Additional responsibilities include contributing input throughout the product development and approval lifecycle, building tools and analytics to enhance modeling efficiency and decision making, and communicating complex actuarial and financial insights to senior leadership and non-technical stakeholders. The position also requires leading and mentoring actuarial and quantitative team members to foster technical development and collaboration.

• Leading pricing and risk oversight for VA and RILA products, including model development, assumption setting, and profitability analysis.
• Providing leadership in the design, development, and governance of actuarial and financial models used in pricing and risk management.
• Performing stress testing, scenario analysis, and sensitivity testing to assess market and policyholder risks.
• Partnering with investments and hedging teams to support risk mitigation and asset-liability management (ALM) strategies.
• Providing input and recommendations throughout the product development and approval lifecycle.
• Developing tools, analytics, and processes to improve modeling efficiency and decision-making.
• Communicating complex actuarial and financial insights to senior leadership and non-technical stakeholders.
• Leading and mentoring actuarial and quantitative team members, fostering technical development and collaboration.

Benefits and work environment

• Competitive pay and fair compensation for your contributions.
• Healthcare coverage including medical, dental, and vision from day one.
• Company-paid life insurance for you and your loved ones.
• 401(k) plan with matching contributions to support retirement savings.
• Family support including paid parental leave and reimbursement for adoption and surrogacy expenses.
• Flexible time-off policy to support work-life balance.
• Dress for your day allowing comfortable, professional attire.
• Inclusive culture that values diverse perspectives and contributions.
• Flexible work options including remote, hybrid, and onsite opportunities across the U.S. for better work-life integration.
• Well-being programs to help maintain a healthy balance between work and home life.
• Opportunities to build relationships through virtual and in-person engagement and resources for professional growth.

Required qualifications

• Bachelor's degree in actuarial science, mathematics, statistics, financial engineering, or a related field
• ASA required; FSA strongly preferred
• 8+ years of experience in actuarial, risk management, or annuity-related roles
• Strong expertise in annuity products, particularly VA, RILA, and/or FIA
• Experience with actuarial modeling platforms (e.g., AXIS preferred or similar tools)
• Proficiency in programming and data analysis (e.g., Python, C++, MATLAB, or similar)
• Strong understanding of financial markets and their impact on annuity products
• Proven ability to manage multiple priorities in a fast-paced environment
• Excellent communication skills with the ability to convey complex concepts clearly

Preferred experience

• Experience with hedging strategies, derivatives, and capital markets as applied to annuity guarantees
• Knowledge of regulatory and capital frameworks (e.g., VM-21, CTE metrics)
• Experience working with large datasets and databases (e.g., SQL)
• Prior experience leading or managing teams

Compensation

$143,859-$179,836