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Senior Actuary - Fixed Indexed Annuity Pricing & Product Strategy

northern, KY

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Job description

Bruce & Bruce Company has advised life and health insurers since 1929, bringing deep actuarial, product, and strategic consulting expertise to some of the industry’s most important challenges. Our work spans annuity and life product development, pricing, valuation, financial reporting, compliance, M&A analysis, projection modeling, and retirement plan consulting.

We are seeking a seasoned actuarial professional to join our team as Senior Actuary – FIA Product Development & Pricing. This is a high-impact opportunity to lead client-facing work, shape innovative annuity solutions, and collaborate with experienced consultants in a growth-oriented environment.

Why Join Bruce & Bruce

At Bruce & Bruce, you will do meaningful work that directly influences client decisions, product strategy, and business outcomes. You will gain the variety and intellectual rigor of consulting, the flexibility of a remote role, and the opportunity to grow your impact within a respected specialized firm.

Key Duties and Responsibilities:

Lead pricing strategy and profitability analysis for new launches, product enhancements, and FIA repricing initiatives

Own and enhance pricing and projection models that support product design, valuation, and business decisions

Deliver insights on product performance, policyholder behavior, lapse trends, and credited rate strategy

Partner with Product, Compliance, and Legal to support filings, governance, and speed to market

Collaborate with investment and hedging partners on option budgets, asset strategy, and risk mitigation

Lead scenario testing and capital impact analysis under changing market conditions

Support reserve calculations and financial reporting under statutory, GAAP, and LDTI frameworks

Contribute to reinsurance strategy, capital efficiency, and product economics initiatives

Monitor market, competitor, and regulatory developments to inform product strategy and client advice

Mentor junior staff and contribute to cross-functional initiatives that drive client and firm success

Required Experience and Competencies:

Bachelor’s degree in actuarial science, mathematics, statistics, finance, or a related quantitative field

FSA preferred; experienced ASA candidates with strong FIA pricing leadership will also be considered

10+ years of actuarial experience in life insurance or annuities, including leadership of complex pricing, product, or valuation work

Deep FIA experience across product design, pricing, repricing, inforce analysis, and assumption setting

Strong command of FIA mechanics, crediting strategies, rider design, surrender charges, and profitability drivers

Working knowledge of statutory, U.S. GAAP, LDTI, capital frameworks, and actuarial governance

Experience with hedging concepts, option budgets, asset strategy, or FIA market risk is preferred

Proficiency with MG-ALFA, Prophet, AXIS, or similar actuarial modeling platforms

Strong analytical judgment with the ability to assess profitability, risk, capital impact, and market positioning

Excellent communication skills with the ability to translate complex actuarial insights into clear business recommendations

Ability to manage multiple priorities and deliver high-quality work in a fast-paced, client-focused environment

Consulting or other client-facing advisory experience is a strong plus

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