VP, Annuity Product Design

Bachelor’s Degree in Actuarial Science, Math, Statistics, Computer Science, Physics or Engineering required

Five plus years of experience in the annuity/life insurance industry is preferred, product development experience preferred

Five plus years’ experience in programming financial models in any actuarial modelling software (R3S, Prophet, Axis or MG Alfa), or other programming language such as Python, C/C++ or Java

Fellow of the Society of Actuaries

Demonstrated ability to think creatively, strategically and champion product throughout Global Atlantic and our distribution partners taking into account company profitability and consumer value.

Demonstrated ability to lead projects and seamlessly navigate matrixed organizations.

The Vice President, Annuity Product Development (Retail) will be key part of Individual Market Team, engaging in product development and innovation, helping to fuel next leg of sales growth.

This position is for a leadership position on the Annuity Product Development team, responsible for developing and pricing new annuity products with the objective of achieving sustainable competitive advantage with an industry leading product portfolio. This individual will engage with key internal and external stakeholders across multiple functions to proactively find creative solutions to the opportunities and challenges faced in today’s retirement market across multiple distribution channels.

The successful candidate will report to the Director, Individual Markets and can be located in either out Hartford, CT, Des Moines, IA, or New York, NY offices.  An important component of the role will be effective collaboration and communication across Individual Markets as well as investments, risk, hedging, and finance areas to manage new business and in force profitability, product competitiveness and sales growth.

The successful candidate will also collaborate with KKR to enhance our combined capabilities to design and launch new solutions to the marketplace.  Knowledge of insurance, investments, finance, actuarial and hedging is critical for success.

This role will have responsibility for contributing to product strategy to profitability grow sales and manage in force profitability and will be accountable for communication across business areas and the overall execution of products within our retail franchise.  The successful candidate needs a demonstrated ability to think both creatively and strategically.