at Sun Life Financial (U.S.) Services Company, Inc. in South Portland, Maine, United States
Job Description
You are as unique as your background, experience and point of view. Here, you'll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.
Job Description:
Location:We support US virtual working arrangements in the contiguous 48 states.
At Sun Life, we look for optimistic people who want to make life brighter for ourClients.We understand the value of diverse cultures, perspectives, and identities, and want you to bring your full and authentic self to work.Every day,you'll be empowered and challengedbyworking withdynamic colleaguesto find new and innovative ways to make Sun Life the best benefits company in America.
The opportunity:
A leader in the Group Disability Reinsurance, FullscopeRMS is looking to add an Associate Director to its Disability and Life actuarial pricing team. You will be joining a team of actuaries with diverse backgrounds to support Group Disability and Group Life pricing, product development, experience review and analysis, and state regulatory filings. In this role you will also have significant interactions with our carrier partners.
How you will contribute:
Pricing:
Perform regular experience studies to update manual rates and other pricing formulas to support profitable growth of the business.
Maintain and improve pricing tools and models.
Develop and monitor new business and renewal pricing programs.
Support new product initiatives, including product development, pricing, and governance.
Manage required regulatory rate filings to approval.
*Respond to internal and external audits for managed products.
Profitability Management:
Evaluate product financial performance, communicating to management and functional areas.
Develop data, metrics, and processes for effective financial management of the products.
Provide analysis to develop a deep understanding of macro and micro drivers impacting results.
Monitor market and economic conditions to allow identification of issues/risks on a timely basis.
Enable management to react proactively to keep products competitively positioned.
Provide input to Business and Strategic Plan forecasts.
Leadership & Collaboration:
Work in collaboration with Pricing, Underwriting, Product, Finance, Valuation, and other teams.
Contribute to building a high-performance team, providing leadership and coaching to actuarial students on the team.
The role may involve direct management of one or more actuarial students, including recruitment and evaluation of performance.
What you will bring with you:
FSA with relevant work experience.
Minimum 5 years of related work experience required.
Bachelor's degree in Actuarial Science, Mathematics, Statistics or another field requiring rigorous analysis.
Strong analytical & technical skills to identify and track performance drivers, detect patterns in results.
Strong project management skills with a proven commitment to quality and meeting deadlines while handling multiple priorities.
Strong communication, interpersonal and influencing skills.
Strong initiative and drive for results.
Intellectually curious and driven to understand underlying factors impacting results.
Ability to apply advanced financial concepts and capabilities across business processes.
Familiarity with Group Benefits
Do you see yourself in this role even if you haven't checked all the boxes above? We welcome all talented candidates and are committed to a culture that represents diversity in all forms. If you think you might thrive in this setting, we would love to hear from you.
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Sun Life Financial is an equal employment and affirmative action employer. All qualified applicants will receive consideration without regard to race, color, sex, religion, age, national origin, disability, veteran status, sexual orientation, gender identity or expression, marital status, ancestry or citizenship status, genetic information, pregnancy status or any other characteristic protected by law. Sun Life Financial is committed to building a diverse and inclusive company culture.
Sun Life Financial is a leading provider of group insurance benefits in the U.S., helping people protect what they love about their lives. More than just a name, Sun Life symbolizes our brand promise of making life brighter – for our customers, partners, and communities. Join our talented, diverse workforce and launch a rewarding career. Visit us at www.sunlife.com/us to learn more.
