[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"job-product-development-actuary-iul-fully-onsite-allianz-insurance-de-us":3},{"id":4,"slug":5,"title":6,"description":7,"company":8,"is_featured":12,"featured_until":7,"is_active":13,"deactivated_at":7,"is_enriched":13,"processed_job_posting_json":14,"processed_latitude":58,"processed_longitude":60,"processed_employment_types":62,"processed_working_hours":63,"processed_working_hours_labels":65,"processed_home_office":66,"processed_salary_min":54,"processed_salary_max":55,"processed_salary_currency":51,"processed_salary_source":67,"processed_benefits":68,"processed_benefits_labels":83,"processed_industry":84,"processed_skills":7,"processed_job_location":85,"processed_full_address_gmaps":87,"processed_street_gmaps":88,"processed_city_gmaps":89,"processed_postal_code_gmaps":91,"processed_country_gmaps":93,"processed_country_iso_code_gmaps":95,"full_description":17,"formatted_description":97,"processed_employment_types_labels":23,"processed_home_office_labels":21,"processed_industry_labels":25,"processed_it_skills":98,"processed_it_skills_labels":101,"processed_soft_skills":102,"processed_soft_skills_labels":103,"processed_job_expertise_skills":104,"processed_job_expertise_skills_labels":105,"processed_language_requirements":106,"processed_total_experience_years":113,"processed_professional_field":114,"processed_professional_field_labels":116,"processed_leadership_role":13,"processed_date_posted":20,"raw_job_url":117,"apply_url":7,"raw_hiringOrganization_logo_url":7,"translations":7,"canonical_industry_key":84,"canonical_industry_label":25,"max_cpc":118,"actual_cpc":7},41937,"product-development-actuary-iul-fully-onsite-allianz-insurance","Product Development Actuary - IUL | Fully Onsite",null,{"name":9,"slug":10,"logo_url":11},"Allianz Insurance","allianz-insurance","https:\u002F\u002Fcdn.phenompeople.com\u002FCareerConnectResources\u002FAISAIPGB\u002Fimages\u002FHeader-1706868786965.svg",false,true,{"@context":15,"@type":16,"title":6,"description":17,"hiringOrganization":18,"datePosted":20,"jobLocationType":21,"employmentType":22,"industry":24,"skills":26,"baseSalary":49,"validThrough":57},"https:\u002F\u002Fschema.org\u002F","JobPosting","\u003Cp>At Allianz Life, we are driven by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting equality in our communities.\u003C\u002Fp>\u003Cp> \u003C\u002Fp>\u003Cp>You will help lead the development, pricing, and strategic direction of Indexed Universal Life (IUL) products. Acts as one of our experts on IUL mechanics, index crediting structures, and actuarial modeling, ensuring products are competitive, sustainable, and aligned with business strategy. You will report to a credentialed senior leader on the Product Development team.\u003C\u002Fp>\u003Cp> \u003C\u002Fp>\u003Cp>\u003Cstrong>What you do:\u003C\u002Fstrong>\u003C\u002Fp>\u003Cul>\u003Cli>Design and refine IUL products, including index crediting strategies, cap\u002Fparticipation structures, multipliers, fixed account design, riders, and survivorship variations.\u003C\u002Fli>\u003Cli>Build, enhance, and validate pricing models using advanced actuarial techniques, ensuring accurate representation of product behavior.\u003C\u002Fli>\u003Cli>Set and maintain assumptions for mortality, persistency, expenses, funding patterns, rider use, and index crediting performance.\u003C\u002Fli>\u003Cli>You will develop pricing strategies that balance regulatory expectations, risk management considerations, and competitive market needs.\u003C\u002Fli>\u003Cli>Incorporate requirements related to Standard Nonforfeiture Law (SNFL), Sections 7702 and AG 49 into product and pricing models, ensuring compliant and sustainable design parameters.\u003C\u002Fli>\u003Cli>Conduct sensitivity testing, scenario modeling, and profitability analysis to evaluate product levers and support product positioning.\u003C\u002Fli>\u003Cli>Collaborate with Investments to assess the feasibility and sustainability of index strategies, including option‑budget and hedging considerations.\u003C\u002Fli>\u003Cli>Collaborate with Underwriting and Reinsurers to assess effectiveness and impacts of our underwriting practices\u003C\u002Fli>\u003Cli>Monitor IUL market trends to guide product mix strategy, identify innovation opportunities, and ensure products stay competitive.\u003C\u002Fli>\u003Cli>Partner with Product, Distribution, and Marketing to align product designs with customer needs and sales strategies.\u003C\u002Fli>\u003Cli>Mentor actuarial staff on modeling, pricing frameworks, and IUL concepts..\u003C\u002Fli>\u003Cli>Utilization of artificial intelligence tools and resources (e.g. generative AI)\u003C\u002Fli>\u003C\u002Ful>\u003Cp> \u003C\u002Fp>\u003Cp> \u003C\u002Fp>\u003Cp>\u003Cstrong>What you bring:\u003C\u002Fstrong>\u003C\u002Fp>\u003Cul>\u003Cli>11+ years actuarial experience with background in life product development, including IUL.\u003C\u002Fli>\u003Cli>Four-year degree required in Actuarial Science, Mathematics, Physics, Economics, Engineering, or related field\u003C\u002Fli>\u003Cli>Fellowship in the Society of Actuaries (FSA).\u003C\u002Fli>\u003Cli>Expertise with actuarial modeling platforms and pricing methodologies.\u003C\u002Fli>\u003Cli>Ability to translate technical modeling insights into clear product strategy recommendations.\u003C\u002Fli>\u003Cli>Experience applying SNFL, 7702, and AG 49 requirements within product design, modeling, and pricing frameworks.\u003C\u002Fli>\u003Cli>Experience with underwriting program analysis and assessing impacts to mortality trends\u003C\u002Fli>\u003Cli>Ability to work both independently and collaboratively, ensuring long‑term project success across cross‑functional teams.\u003C\u002Fli>\u003Cli>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.\u003C\u002Fli>\u003C\u002Ful>\u003Cp> \u003C\u002Fp>\u003Cp>Job posting range: $140,000 - $240,000\u003C\u002Fp>\u003Cp>Note the job posting range is exclusive of company benefits or other compensation. This role is also eligible for an annual incentive program. If you are hired, your final base salary will be determined based on factors such as geographic location, experience, skills, competencies, and\u002For education. In addition to those factors, we will also consider internal equity of our current employees. Please keep in mind that the range provided is the full base salary range for the role. Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth.\u003C\u002Fp>\u003Cp> \u003C\u002Fp>\u003Cp>\u003Cstrong>This position is eligible for domestic relocation assistance.\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong> \u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>What we offer:\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>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 \u003Ca href=\"https:\u002F\u002Fwww.allianzlife.com\u002Fwhy-allianz\u002Fculture\" target=\"_blank\" rel=\"noopener\">\u003Cstrong>What It's Like To Work Here | Allianz Life\u003C\u002Fstrong>\u003C\u002Fa>\u003Cstrong>.\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp> \u003C\u002Fp> \u003Cp>Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.\u003C\u002Fp>\u003Cp> \u003C\u002Fp>\u003Cp>Join us. Let’s care for tomorrow. \u003Cspan style=\"color: white;\">#LI-NL1\u003C\u002Fspan>\u003C\u002Fp>",{"@type":19,"name":9},"Organization","2026-05-16","ONSITE",[23],"PERMANENT",[25],"Insurance",[27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43,44,45,46,47,48],"Actuarial modeling platforms","Artificial intelligence tools","Collaboration","Communication","Mentoring","Independence","Product development","Pricing","Indexed Universal Life (IUL) mechanics","Index crediting structures","Actuarial modeling","Mortality assumptions","Persistency assumptions","Expense assumptions","Standard Nonforfeiture Law (SNFL)","Section 7702","AG 49","Sensitivity testing","Scenario modeling","Profitability analysis","Underwriting analysis","Market trend monitoring",{"@type":50,"currency":51,"value":52},"MonetaryAmount","USD",{"@type":53,"minValue":54,"maxValue":55,"unitText":56},"QuantitativeValue",140000,240000,"YEAR","2027-05-16",[59],44.9483,[61],-93.34801,"permanent",[64],"FULL_TIME",[64],"onsite","estimated",[69,70,71,72,73,74,75,76,77,78,79,80,81,82],"Medical, dental and vision plan options","Flexible spending and health savings accounts","Tuition reimbursement","Student loan retirement program","Generous annual paid leave","401(k) company match","Life insurance","Onsite health center","Child development center","Fitness facility","Convenience store","Cafeterias","Domestic relocation assistance","Annual incentive program",[69,70,71,72,73,74,75,76,77,78,79,80,81,82],"insurance",[86],"allianz, 55416, minneapolis, united states",[],[],[90],"Minneapolis",[92],"55416",[94],"United States",[96],"US","At Allianz Life, we are driven by our mission – we secure your future – and by our common goal of caring for tomorrow. We care for our employees by promoting an inclusive culture where everyone has the opportunity to grow and be rewarded for their success. We care for our customers by creating new products that help them protect their families and pursue their retirement goals. We care for our community by giving time, resources, and donations. And we care for the future by supporting sustainability, protecting the local environment, and promoting equality in our communities.\n\nYou will help lead the development, pricing, and strategic direction of Indexed Universal Life (IUL) products. Acts as one of our experts on IUL mechanics, index crediting structures, and actuarial modeling, ensuring products are competitive, sustainable, and aligned with business strategy. You will report to a credentialed senior leader on the Product Development team.\n\n**What you do:**\n\n- Design and refine IUL products, including index crediting strategies, cap\u002Fparticipation structures, multipliers, fixed account design, riders, and survivorship variations.\n- Build, enhance, and validate pricing models using advanced actuarial techniques, ensuring accurate representation of product behavior.\n- Set and maintain assumptions for mortality, persistency, expenses, funding patterns, rider use, and index crediting performance.\n- You will develop pricing strategies that balance regulatory expectations, risk management considerations, and competitive market needs.\n- Incorporate requirements related to Standard Nonforfeiture Law (SNFL), Sections 7702 and AG 49 into product and pricing models, ensuring compliant and sustainable design parameters.\n- Conduct sensitivity testing, scenario modeling, and profitability analysis to evaluate product levers and support product positioning.\n- Collaborate with Investments to assess the feasibility and sustainability of index strategies, including option‑budget and hedging considerations.\n- Collaborate with Underwriting and Reinsurers to assess effectiveness and impacts of our underwriting practices\n- Monitor IUL market trends to guide product mix strategy, identify innovation opportunities, and ensure products stay competitive.\n- Partner with Product, Distribution, and Marketing to align product designs with customer needs and sales strategies.\n- Mentor actuarial staff on modeling, pricing frameworks, and IUL concepts..\n- Utilization of artificial intelligence tools and resources (e.g. generative AI)\n\n**What you bring:**\n\n- 11+ years actuarial experience with background in life product development, including IUL.\n- Four-year degree required in Actuarial Science, Mathematics, Physics, Economics, Engineering, or related field\n- Fellowship in the Society of Actuaries (FSA).\n- Expertise with actuarial modeling platforms and pricing methodologies.\n- Ability to translate technical modeling insights into clear product strategy recommendations.\n- Experience applying SNFL, 7702, and AG 49 requirements within product design, modeling, and pricing frameworks.\n- Experience with underwriting program analysis and assessing impacts to mortality trends\n- Ability to work both independently and collaboratively, ensuring long‑term project success across cross‑functional teams.\n- 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.\n\nJob posting range: $140,000 - $240,000\n\nNote the job posting range is exclusive of company benefits or other compensation. This role is also eligible for an annual incentive program. If you are hired, your final base salary will be determined based on factors such as geographic location, experience, skills, competencies, and\u002For education. In addition to those factors, we will also consider internal equity of our current employees. Please keep in mind that the range provided is the full base salary range for the role. Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth.\n\n**This position is eligible for domestic relocation assistance.**\n\n**What we offer:**\n\nAt 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**](https:\u002F\u002Fwww.allianzlife.com\u002Fwhy-allianz\u002Fculture)**.**\n\nAllianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. We therefore welcome applications regardless of race, ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations.\n\nJoin us. Let’s care for tomorrow. #LI-NL1",{"actuarial modeling platforms":99,"artificial intelligence tools":100},4,3,[27,28],{"collaboration":99,"communication":99,"mentoring":100,"independence":100},[29,30,31,32],{"ag 49":99,"pricing":99,"section 7702":99,"scenario modeling":99,"actuarial modeling":99,"expense assumptions":99,"product development":99,"sensitivity testing":99,"mortality assumptions":99,"underwriting analysis":100,"profitability analysis":99,"market trend monitoring":100,"persistency assumptions":99,"index crediting structures":99,"standard nonforfeiture law (snfl)":99,"indexed universal life (iul) mechanics":99},[33,34,35,36,37,38,39,40,41,42,43,44,45,46,47,48],{"detected_language_jobad":107,"required":108},"en",[109],[110],{"language":111,"level":112},"ENGLISH","C2",11,[115,33],"Actuarial science",[115,33],"https:\u002F\u002Fcareers.allianz.com\u002Fglobal\u002Fen\u002Fjob\u002F93069\u002Fproduct-development-actuary-iul-fully-onsite",1]