Sunlife Financial - Director, Group Life Pricing (Wellesley, MA or Windsor, CT)
Location: US, MA, Wellesley
Employment type: Full-time
Company profile: Pricing Recruiters is the leading global resource for the procurement, vetting and placement of qualified, pricing and profitability professionals worldwide.  We understand and hold appreciation for the unique needs and demands of today’s employers and job seekers who work within the pricing discipline across all levels and industries.  Through our insightful knowledge of pricing in over 5 offices in 4 key international markets we hold an active candidate database of over 4,000 candidates from senior analyst to executive leadership.  Contact one of our recruitment consultants today to learn how we can help position your pricing team for success through strategic recruitment and team buildin
Description: This position will be responsible for managing the pricing of group life insurance products. This position will provide leadership to the team of actuaries responsible for the pricing of these products. The responsibilities include directing the pricing work and managing the relationships with the underwriting, distribution, finance and actuarial organization. This position reports to the Assistant Vice President, Multi-Line and Voluntary Product Pricing and manages 1-2 direct reports.
Requirements: • Maintain and develop pricing models and tools to analyze block of business and pricing levels, with appropriate level of documentation and review• Manage pricing analysis including development and approval of pricing assumptions, annual rate reviews and pricing dashboards• Perform work in compliance with the Product Development Process and other Sun Life policies and guidelines governing the use of financial models• Support in product development activities, including review of new product features, services and riders, as well as support of any necessary state filing requirements• Collaborating with Underwriting and Distribution Organizations to ensure pricing strategies align with organizationalgrowth and profitability objectives• Collaborating with Finance and Actuarial Organizations to ensure new business and renewal strategies are modeled and impacts are understood• Profitability analysis for Life products, including development of analytical tools and metrics to monitor business trends and to provide management with an understanding of drivers and emergence of profitability• Support review of pricing on various administrative platforms by working with IT resources to ensure appropriate implementationQualifications• FSA with 5+ years of actuarial experience• Pricing Experience• Strong problem-solving skills• Strong leadership and communication skills• Strong teamwork and collaboration skills• Ability to critically review processes and procedures to find efficiencies and areas of improvement• Ability to work with a variety of team members and function in a dynamic environment• Ability to own projects and processes• Manage direct reports
Benefits: Sun Life Financial is a leading financial services organization dedicated to helping customers achieve lifetime financial security. We provide a wide range of insurance and investment products and services in key markets around the world including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines and Indonesia. At Sun Life, we have more than 14,000 employees and 12,000 advisors.
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