Structured Solutions Pricing Actuary

Location: New York, United States

Why Join Guardian

Guardian Life is a premier mutual insurance company with a rich history of protecting American families and businesses for over 160 years. As a leader in the insurance industry, we are committed to inspiring well-being through innovative financial solutions, ethical practices, and a supportive work environment. Joining our Annuity Pricing and Structured Solutions Team means becoming part of a dynamic group that drives cutting-edge product development in annuities, including Registered Index Linked Annuities (RILA) and Fixed Index Annuities (FIA). In New York, you'll thrive in a collaborative culture surrounded by diverse, high-achieving colleagues who value work-life balance, professional growth, and community impact.

At Guardian, we offer unparalleled opportunities for recent Fellows of the Society of Actuaries (FSA) to make an immediate impact. This visible role collaborates across product development, valuation, finance, hedging, reinsurance, IT, legal, and corporate actuarial teams. Whether you're passionate about financial derivatives, equity hedging strategies, or Non-Guaranteed Elements (NGE) pricing, Guardian provides the tools, mentorship, and flexibility to accelerate your career in actuarial science.

Role Description

We are seeking a motivated recent FSA to join Guardian’s Annuity Pricing and Structured Solutions Team. The successful candidate will play a crucial and multifaceted role in pricing, developing, and supporting existing and new insurance products, with a focus on those involving financial derivatives. This position demands a curious, technically proficient, and highly analytical individual who excels in sophisticated solutions design, hands-on implementation, operational processes, and contributing to exploratory pricing, risk, and financial projects. Ability and desire to learn and grow outweigh current proficiency—we invest in your development. As a Structured Solutions Pricing Actuary, you'll support annuity pricing processes, new product initiatives, equity hedging for RILA and FIA products, and NGE recommendations, all while designing automated tools and systems.

Detailed Responsibilities

• Support existing annuity pricing processes, new product development initiatives, and enhancements to models or offerings, focusing on products with financial derivatives.
• Create precise trade instructions for the trading team on all equity hedging programs.
• Monitor, analyze, and improve equity hedging strategies for RILA and FIA insurance products to optimize risk management.
• Design, develop, and maintain advanced tools and systems for highly automated execution of equity hedging and NGE processes.
• Develop data-driven recommendations for Non-Guaranteed Elements (NGE, primarily renewal rates) of annuity and life insurance products and present to senior leaders.
• Perform ad-hoc analyses related to equity hedging, NGE, and other risk factors, communicating insights effectively to senior leadership.
• Design, develop, and support an in-house IT system to calculate segment interim value for Guardian's RILA product.
• Collaborate with cross-functional teams including product development, valuation, finance, hedging, reinsurance, IT, legal, and corporate actuarial to ensure seamless integration of solutions.
• Contribute to exploratory projects in economic capital, cash flow testing, and financial modeling.

Required Skills

You are an actuary with a passion for programming, economic analysis, risk management, and clear communication to diverse audiences. You apply actuarial principles, logic, programming, and business acumen to solve complex problems in a fast-paced environment.

Education & Experience

• Recent FSA designation from the Society of Actuaries.
• 5+ years of relevant experience, preferably in hedging, pricing, Economic Capital, or Cash Flow Testing modeling and reporting.
• Proficiency in designing and programming technical solutions.
• Knowledge of financial derivatives and hedging (a plus).
• Experience with Python and VBA (a plus).
• Experience with asset and/or liability modeling on any platform (a plus).
• Deep knowledge of individual or group annuity products like RILA, FIA, and in-plan annuities (a plus).
• Excellent analytical, problem-solving, and communication skills.
• Ability to work independently and lead multiple projects in a collaborative team.
• Proficiency in Microsoft Office suite.

Compensation Overview

Salary Range: $118,980.00 - $195,465.00 (USD, yearly). This good faith estimate reflects base pay for the New York location. Actual salary is determined by education, experience, knowledge, and abilities. Eligible for annual, sales, or other incentive compensation, plus comprehensive benefits.

Benefits

Guardian’s Promise: Achieve professional and personal goals with skill-building, leadership development, and philanthropic opportunities. Build communities and grow your career among diverse, ethical colleagues. Inspire Well-Being with flexible, inclusive benefits including health insurance, retirement plans, paid time off, wellness programs, and more. Explore at www.guardianlife.com/careers/corporate/benefits. Benefits for full-time employees.

Equal Employment Opportunity: Guardian is an equal opportunity employer. All qualified applicants considered without regard to age, race, color, creed, religion, sex, sexual orientation, national origin, ancestry, marital status, disability, military/veteran status, or other protected classifications.

Accommodations: Reasonable accommodations available for disabilities.