Job Information
Equitable Actuarial Pricing Manager in New York, New York
Actuarial Pricing Manager ( 24000054 )
Primary Location : UNITED STATES-NY-New York
Other Locations : UNITED STATES-NC-Charlotte
Organization : Equitable
Schedule : Full-time
Description
At Equitable, our power is in our people.
We're individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential?
Background:
Equitable has recently established a new organization tasked with (a) growing Institutional markets, (b) incubating New Ventures and (c) coordinating high impact inforce management activities across the organization. The organization also houses our existing Enterprise Strategy function. The organization reports directly to a member of the Equitable Management Committee.
Descriptions of each area include:
Institutional business – offer solutions to large institutional clients in the Retirement/Pension market (e.g. SecureAct solutions) and other similar markets.
New Ventures – incubate new product/business ideas that do not fit squarely within an existing commercial segment
Inforce initiatives – lead and coordinate projects to optimize value in our inforce portfolio, often in collaboration across multiple Equitable business lines.
The Actuarial Pricing Manager position will support the pricing, analytics and actuarial analysis for the entire organization, with a focus on institutional products and inforce initiatives. The position presents an opportunity to join a highly visible team at an early stage of its maturity.
Responsibilities include, but are not limited to:
Pricing and analytics for institutional products for both existing and new product concepts
Project management for strategic inforce initiatives
Model development and ongoing maintenance or enhancements
Primary research into product markets
Business insights and recommendations for products, backed by data and market insight
Partnership management – both internal and external
The base salary range for this position is $135,000-$196,000. Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility.
For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below.
Equitable Pay and Benefits: Equitable Total Rewards Program (https://portal.equitable.com/appentry/EDoxRedirect?node_id=A2023013000001)
Qualifications
Required Qualifications:
Bachelors Degree
5 years of experience in a financial services company or consulting firm, with preference for experience within insurance
Understanding of insurance products and actuarial modeling (actuarial credentials not required)
Preferred Qualifications:
Experience with financial modeling, problem solving, and projection systems preferred (e.g., Excel, VBA)
Established accountability, high integrity, diligent and self-starter work ethic
Proven organizational and interpersonal skills
Demonstrated oral and written communicator (in both prose and PowerPoint presentation formats)
Skills
Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
Communicating Complex Concepts: Knowledge of effective presentation tools and techniques to ensure clear understanding; ability to use summarization and simplification techniques to explain complex technical concepts in simple, clear language appropriate to the audience.
Problem Solving: Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems; ability to apply knowledge of problem solving appropriately to diverse situations.
Statistics and Actuarial Modeling: Knowledge of statistical and actuarial modeling tools and techniques; ability to apply modeling processes and techniques to facilitate risk management decisions.
Diversity, Equity and Inclusion: Demonstrates a commitment to Diversity, Equity and Inclusion by treating everyone with respect and dignity, ensuring all voices are heard and advocating for change.
ABOUT EQUITABLE
At Equitable, we’re a team of over ten thousand strong; committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives.
We turn challenges into opportunities by thinking, working, and leading differently – where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities.
We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork.
We are looking for talented, dedicated, purposeful people who want to make an impact. Join Equitable and pursue a career with purpose.
Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.
NOTE: Equitable participates in the E-Verify program.
If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources at (212) 314-2211 or email us at TalentAcquisition@equitable.com .
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Req ID: 24000054