Lead Actuary - Head of Pricing, Group Benefits

7 Minutes ago • 10 Years + • Financial Analysis • $174,760 PA - $287,102.5 PA

Job Summary

Job Description

The Lead Actuary - Head of Pricing, Group Benefits will report to the Head of Finance & Actuarial, Group Benefits. This role is critical for driving profitable growth of the $5B+ group insurance book of business by implementing best practices across all group and retail products. The successful candidate will lead a team of actuaries and analysts, partner with cross-functional leaders, and provide strategic direction to ensure pricing aligns with business objectives and market dynamics.
Must have:
  • Lead group pricing team, including mentorship and development.
  • Execute rate development and state rate filings for Group Benefits.
  • Modernize pricing approaches, embedding predictive analytics.
  • Collaborate with Finance and stakeholders on pricing objectives.
  • Manage pricing for Retail/Direct to Consumer products.
  • Lead Dental Network analysis and provider fee schedule management.
  • Maintain pricing economic projection models for group products.
  • Develop pricing for new products and emerging partnerships.
  • Improve pricing model risk governance and compliance.
  • Assist with experience reporting and analysis of business trends.
  • Collaborate with leadership on pricing philosophy and growth.
  • 10+ years Actuarial/Risk Management experience in Group Benefits.
  • Demonstrated business sense and ability to build senior executive relationships.
  • Robust leadership, strong oral and written communication skills.
  • Organizational savvy with cross-functional influence.
  • Strong analytical and technical skills for complex information.
  • Bachelor’s degree in Actuarial Science, Math, Finance, or related field.
  • FSA designation or equivalent accreditation/advanced degree.
Perks:
  • Support and flexibility to achieve professional and personal goals
  • Skill-building opportunities
  • Leadership development opportunities
  • Philanthropic opportunities
  • Contemporary, supportive, flexible, and inclusive benefits and resources

Job Details

In this role, you will report to the Head of Finance & Actuarial, Group Benefits and be a critical partner to drive profitable growth of the $5B+ group insurance book of business through implementing best practices across all group and retail products. You will lead a team of actuaries and analysts, partner with cross-functional leaders, and provide strategic direction to ensure pricing aligns with business objectives and market dynamics.

You Will

  • Lead the group pricing team, providing mentorship, performance management, and professional development.
  • Execute rate development and state rate filings for Group Benefits business – Dental, Vision, Absence & Disability, Life and Supplemental Health offerings.
  • Drive modernization of pricing approaches, both from rating platform perspective as well as embedding predictive analytics to continuously improve accuracy.
  • Collaborate with Finance and business stakeholders to align pricing objectives with corporate and business financial plans. This includes both manual rating and experience rating assumption review.
  • In partnership with GB Head of Finance and Actuarial, manage pricing for Retail\\Direct to Consumer product offerings.
  • Lead Dental Network analysis and provider fee schedule management efforts.
  • Maintain pricing economic projection models for all group products, including new business value.
  • Develop pricing for new product development, customer well-being offerings and emerging distribution partnerships.
  • Seek ways to improve pricing model risk governance, including implementation of rates in compliance with filings.
  • Assist with experience reporting and improve analysis to better understand how the group business is operating and trending.
  • Collaborate with the Group Benefits leadership team to ensure alignment between pricing philosophy and strategic growth initiatives.

You Have

  • 10+ years of relevant Actuarial/Risk Management experience within the Group Benefits industry.
  • Demonstrated business sense with ability to build relationships with senior executive leadership.
  • Robust leadership experience combined with strong oral and written communication skills.
  • Organizational savvy with ability to influence cross functionally.
  • Strong analytical and technical skills with the ability to synthesize sophisticated information and translate into a compelling narrative.

Education

  • Bachelor’s degree in Actuarial Science, Mathematics, Finance, or a related field.
  • FSA designation or equivalent relevant accreditation / advanced degree.

Location

Primary location is Bethlehem, PA or New York, NY with the ability to travel as needed.

Salary Range:

$174,760.00 - $287,102.50

The salary range reflected above is a good faith estimate of base pay for the primary location of the position. The salary for this position ultimately will be determined based on the education, experience, knowledge, and abilities of the successful candidate. In addition to salary, this role may also be eligible for annual, sales, or other incentive compensation.

Our Promise

At Guardian, you’ll have the support and flexibility to achieve your professional and personal goals. Through skill-building, leadership development and philanthropic opportunities, we provide opportunities to build communities and grow your career, surrounded by diverse colleagues with high ethical standards.

Inspire Well-Being

As part of Guardian’s Purpose – to inspire well-being – we are committed to offering contemporary, supportive, flexible, and inclusive benefits and resources to our colleagues. Explore our company benefits at www.guardianlife.com/careers/corporate/benefits . Benefits apply to full-time eligible employees. Interns are not eligible for most Company benefits.

Equal Employment Opportunity

Guardian is an equal opportunity employer. All qualified applicants will be considered for employment without regard to age, race, color, creed, religion, sex, affectional or sexual orientation, national origin, ancestry, marital status, disability, military or veteran status, or any other classification protected by applicable law.

Accommodations

Guardian is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. Guardian also provides reasonable accommodations to qualified job applicants (and employees) to accommodate the individual's known limitations related to pregnancy, childbirth, or related medical conditions, unless doing so would create an undue hardship. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact applicant_accommodation@glic.com .

Current Guardian Colleagues: Please apply through the internal Jobs Hub in Workday.

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About The Company

Every day, Guardian helps our 29 million customers realize their dreams through a range of insurance and financial products and services. Our Purpose, to inspire well-being, guides our dedication to the colleagues, consumers, and communities we serve. We know that people count, and we go above and beyond to prepare them for the life they want to live, focusing on their overall well-being — mind, body, and wallet. As one of the largest mutual insurance companies, we put our customers first. Behind every bright future is a GuardianTM.

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