Job Information
Indiana Farm Bureau Insurance Manager Life Product Development in Indianapolis, Indiana
Description
Primary Responsibilities:
Collaborating with Marketing, Underwriting, and Sales to design life and annuity products for various distribution channels.
Providing support to the Life Product Review Committee.
Assisting with new product implementations including testing and distribution support.
Assuring that the life and annuity products deliver value to the consumer, offer competitive compensation to distribution, and provide a fair risk-adjusted return for the organization.
Collaborating with the Chief Actuary to develop profitability objectives by product.
Creating and maintaining a robust pricing analysis (including Illustration Actuary testing).
Periodically assesses the profitability of our current portfolio based on current margins.
Managing the Pricing team.
Requirements for Success:
Bachelor's degree in actuarial science, mathematics, statistics, or related fields (preference for a master's degree).
7-10 years of actuary experience with ASA or FSA standing.
Minimum of 3 years of managerial experience (preferred).
Experience in product development within a cross-functional environment.
Knowledge of life and annuity products, tax, valuation, ASOPs, and applicable regulations.
Strong communication and collaboration skills.
Ability to build and maintain effective relationships with stakeholders.
Willingness to seek the bigger picture, act inquisitively, and display drive.
Efficient utilization of administrative and illustration systems (preference for experience in AXIS).
IFBI Perks:
An organization that values work/life balance
Paid Vacation/Sick Leave
401K w/ Match
Potential for a yearly bonus with a possible payout of up to 20% of the salary
Benefits eligibility within 30 days of employment
Collaborate in a team environment
Paid volunteer hours
#HO
#LI-BB1
Qualifications
Licenses & Certifications
Required
- Assc of the Soc of Actuar
Preferred
- Fellow of Society Actuary
Equal Opportunity Employer
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Job Category: Management
Job Type: Full-Time
225 S East St
Indianapolis, IN, USA, 46202
ReqID: MANAG005041