Head of Annuity Pricing - Actuarial Product

Head of Annuity Pricing & Actuarial Product

Position Summary

Guardian is seeking a strategic and experienced actuarial leader to lead Annuity Pricing and Actuarial Product. This leader will have responsibility for the actuarial pricing strategy and execution supporting Guardian's Individual Annuity business, helping drive sustainable growth by balancing competitiveness, profitability, capital efficiency, risk and value to the consumer.

The role will lead the Annuity Pricing team and serve as a key strategic partner across Product, Finance, Risk, Investments, Reinsurance and other functions. The leader will oversee pricing and product economics across the existing portfolio while helping shape new product opportunities, reinsurance strategies and expansion into new markets.

This role requires deep actuarial expertise combined with strong business judgment and the ability to translate complex product, risk, capital and financial considerations into clear recommendations for senior leadership.

You Will

Lead Annuity pricing strategy and execution

• Provide strategic leadership and oversight of Individual Annuity and institutional pricing, re-pricing and performance reporting, including NBV and plan earnings.
• Guide pricing decisions that balance market competitiveness, profitability, capital efficiency, risk and consumer value.
• Lead the evolution of pricing models, assumptions, methodologies and analytical capabilities to strengthen pricing discipline and responsiveness to changing market conditions.
• Ensure strong actuarial governance, model integrity and risk analysis supporting product and pricing decisions.

Shape product strategy and development

• Provide actuarial leadership for the evaluation, pricing and execution of new annuity products and product features.
• Partner across the organization to evaluate product economics and ensure new offerings deliver compelling consumer value while meeting Guardian's financial and strategic objectives.
• Lead actuarial support through the product-development lifecycle, including product design, pricing, risk analysis, filings, specifications, system testing and implementation.
• Support expansion of the annuity portfolio and distribution capabilities, including opportunities across MYGA, SPIA/DIA, RILA, FIA and emerging institutional solutions.

Integrate pricing, capital and reinsurance strategy

• Partner closely with Reinsurance, Finance, Risk and investment partners to optimize product economics and reinsurance structures.
• Ensure rate-setting and product decisions effectively incorporate Guardian's evolving capital and reinsurance strategy, including coordination with Guardian’s Bermuda Reinsurance entity, Altura.
• Evaluate how retention, reinsurance structures, investment strategy and capital requirements affect product economics and competitive positioning.
• Provide actuarial leadership as Guardian evaluates and develops new reinsurance and institutional opportunities.

Influence enterprise decision-making

• Translate complex actuarial analysis into clear business recommendations for senior leadership and governance forums.
• Ensure key product and risk analyses support informed decisions through Guardian's product approval processes.
• Build strong cross-functional alignment around product economics, trade-offs, risks and strategic opportunities.
• Serve as a senior actuarial thought partner on emerging market trends, competitive dynamics and opportunities to strengthen the Annuity business.

Build and lead a high-performing team

• Lead and develop the Annuity Pricing team, establishing clear accountability while empowering leaders and team members to own execution and decision-making.
• Build the organizational capabilities and team structure needed to support growth across individual and emerging institutional annuity markets.
• Foster a culture of collaboration, transparency, strong actuarial judgment and continuous improvement.
• Develop talent through coaching, expanded responsibilities and exposure to broader product and enterprise priorities.

You Have

• Significant experience in actuarial pricing, product development or related actuarial disciplines within the life insurance or annuity industry.
• Deep knowledge of annuity product economics, pricing, actuarial modeling and assumption development including Bermuda reinsurance frameworks and economics.
• Strong understanding of the interaction among product pricing, investments, capital, risk and reinsurance.
• Experience leading actuarial teams and developing actuarial talent.
• Demonstrated ability to lead complex, cross-functional product or strategic initiatives.
• Strong business and financial acumen with the ability to move between detailed actuarial analysis and broader strategic decisions.
• Executive-level communication and influencing skills, including the ability to clearly articulate complex issues, alternatives and recommendations.
• Ability to operate effectively in an environment involving changing market conditions, competing priorities and complex business trade-offs.
• FSA designation and membership in the Society of Actuaries preferred/required depending on Guardian's standard qualification for the position.

Leadership Expectations

Success in this role requires a leader who can operate beyond technical actuarial expertise. The individual will be expected to establish strategic direction, influence across organizational boundaries, develop other leaders, communicate the rationale behind decisions and create accountability for outcomes.

The leader should bring a consumer-centered perspective to product decisions while simultaneously considering profitability, risk, capital and long-term enterprise value.

Salary Range:

$182,260.00 - $299,425.00

The salary range reflected above is a good faith estimate of base pay for the primary location of the position. The salary for this position ultimately will be determined based on the education, experience, knowledge, and abilities of the successful candidate. In addition to salary, this role may also be eligible for annual, sales, or other incentive compensation.

Our Promise

At Guardian, you’ll have the support and flexibility to achieve your professional and personal goals.  Through skill-building, leadership development and philanthropic opportunities, we provide opportunities to build communities and grow your career, surrounded by diverse colleagues with high ethical standards.

Inspire Well-Being

As part of Guardian’s Purpose – to inspire well-being – we are committed to offering contemporary, supportive, flexible, and inclusive benefits and resources to our colleagues. Explore our company benefits at www.guardianlife.com/careers/corporate/benefits. Benefits apply to full-time eligible employees. Interns are not eligible for most Company benefits.

Equal Employment Opportunity

Guardian is an equal opportunity employer. All qualified applicants will be considered for employment without regard to age, race, color, creed, religion, sex, affectional or sexual orientation, national origin, ancestry, marital status, disability, military or veteran status, or any other classification protected by applicable law.

Accommodations

Guardian is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. Guardian also provides reasonable accommodations to qualified job applicants (and employees) to accommodate the individual's known limitations related to pregnancy, childbirth, or related medical conditions, unless doing so would create an undue hardship. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact [email protected]. Please note: this resource is for accommodation requests only. For all other inquires related to your application and careers at Guardian, refer to the Guardian Careers site.

Visa Sponsorship

Guardian Life is not currently or in the foreseeable future sponsoring employment-based visas (e.g., such as an H-1B). In order to be a successful applicant, you must be legally authorized to work in the United States, without the need for employer sponsorship/support now or at any time in the future.

Notice Regarding Guardian’s Use of Artificial Intelligence in Recruitment

As part of Guardian’s job application process, Guardian may use artificial intelligence tools (“AI Tools") to automate the sorting and filtering of information provided by applicants as part of its preliminary screening. This preliminary screening may be used to help identify applicant materials and resumes relative to their indication that the applicant meets the requirements for the specific job for which they are applying, as specified in the listing posted on Guardian’s jobs website (Careers at Guardian at https://www.guardianlife.com/careers). At Guardian, we do not use AI Tools to substantially assist or replace human judgment or discretionary decision making in our hiring process. All hiring decisions will be made by Guardian colleagues.

Please be aware that if you apply for a specific position with Guardian, you will have the choice of opting out of Guardian’s use of AI Tools during the job application process. If you would like to request an alternative process that does not utilize AI Tools or would like to request a reasonable accommodation, within ten business days of your position application, you must email your request to [email protected], making sure to provide your name and job requisition identification number. Guardian will retain your applicant materials and resume and all information therefrom in accordance with Guardian’s document retention policy, a copy of which you may request via [email protected].

Additionally, at applicable times, Guardian will make public the most recent bias audit results for such AI tools, which may be found here. 

Current Guardian Colleagues: Please apply through the internal Jobs Hub in Workday.