Hiring Manager: Aaron Sorbel

Recruiter: Nick Lieser (nick.lieser@allianzlife.com) | Please notify me via email after you have applied online.

Pay Band: 5

Employee Referral Information: Employee Referrals should be sent via email to the assigned recruiter for the role. Please include the job title, job reference code, and the referral's resume. Referrals must be position-speciﬁc or no referral award will be given.

What You Do

You will research and prepare actuarial analyses to support new business and in-force pricing, rate setting, and profitability management for Indexed Universal Life (IUL), Fixed Indexed Annuity (FIA), and Registered Index-Linked Annuity (RILA) products. You will report to a credentialed Actuary.

Develops and maintains pricing models for new business and in-force business across IUL, FIA, and RILA product lines, ensuring assumptions reflect current experience and market conditions
Performs rate setting analyses including credited rate strategies, cap/participation rate determination, spread targets, and index account option pricing
Evaluates hedging costs and their impact on product profitability and pricing margins
Supports completion of profitability-focused projects including:

- New business pricing for IUL, FIA, and RILA product launches and enhancements
- In-force pricing for IUL, FIA, and RILA products to reflect changes to experience factors
- Profitability studies and margin analysis across indexed product lines
- Pricing assumption development and experience studies (mortality, lapse/surrender, policyholder behavior, expenses, index performance)

Assists in preparation of rate setting recommendations including:

- Rates for new business
- Rate change justifications, cap/spread adjustments, and supporting analyses

Communicates actuarial pricing results and profitability insights to cross-functional areas including:

- Business unit and distribution partners
- Product development, hedging, and finance teams
- Other actuaries

Conducts actuarial research related to indexed product pricing methodologies, industry trends, and profitability drivers

Utilization of artificial intelligence tools and resources (e.g. generative AI)

What You Bring:

4+ years of experience required in the life insurance and/or annuity industry with direct experience with:
- Product pricing, rate setting, or profitability analysis
- Indexed products (IUL, FIA, or RILA), developing or maintaining pricing models, setting credited rates or index parameters
- Analyzing the relationship between hedging costs and product margins
Four-year degree in Actuarial Science, Mathematics, Physics, Economics, Engineering, or related field required
Completed a minimum 5 SOA Exams
You must be legally authorized to work in the U.S. without requiring immigration sponsorship now or in the future. This includes holders of H-1B, H4, L-1, L-2, TN, OPT, CPT, and other nonimmigrant visas.

What we offer:

At Allianz Life, we’re proud to provide a benefits package that supports the True Balance of our employees and their families. We offer: a choice of comprehensive medical, dental and vision plan options, flexible spending and health savings accounts, tuition reimbursement, student loan retirement program, generous annual paid leave, an outstanding 401(k) company match, and life insurance. Plus, our employees enjoy an award-winning campus with an array of discounted amenities, including an onsite health center, child development center, fitness facility, convenience store and two cafeterias. Our employees and leaders take an active role in shaping our culture through our Employee Resource Groups, whose activities and advocacy contribute to an environment that is fair, caring, and inclusive. Our generous benefits, campus amenities and inclusive, engaged culture are among the many reasons we’re routinely recognized as a top workplace employer. For additional information regarding What It’s Like To Work Here | Allianz Life.

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