Actuary Director, Life Insurance Product Management

Experience more with a career at COUNTRY Financial!

We’re excited you’re interested in a career at COUNTRY as we strive toward our vision - to enrich lives in the communities we serve. Our footprint spans coast to coast. But more important than where we operate, is the people who do the work. Apply today to help our organization grow and make a difference for our clients.

About the role

The Director of Life Insurance Product Management is a strategic and operational leader responsible for end to end product lifecycle management across the company’s life and annuity portfolio. This role oversees product development, reinsurance strategy and execution, in force business management, and administration support functions to ensure competitive, financially sound, and operationally excellent offerings.The ideal candidate combines deep and diverse actuarial and product expertise with strong leadership and cross functional influence, driving innovation while maintaining disciplined risk and profitability management.

How does this role make an impact?

- Responsible for oversight and development of staff, including supervisory activities (e.g. performance evaluations, goal setting) as well as professional (technical, skill) and personal development.- Oversees a specific actuarial function within the life/health/annuity actuarial division - includes overseeing activities, planning and visioning of future activities, and communicating results/recommendations to division and company leadership.- Ensures work is completed according to applicable regulation and actuarial standards of practice, including maintaining current SOA Continuing Professional Development requirements, as well as ensuring staff compliance.- Manages the implementation and maintenance of disaster recovery plans and activities in assigned areas. Maintains current contact information for all employees in applicable areas and communicates with non-recovery employees during a disaster.

Do you have what we're looking for?

Product Development & Strategy

• Lead the development, enhancement, and launch of life and annuity products, ensuring alignment with corporate strategy, profitability targets, and market opportunity.
• Manage the current product suite and provide expertise and strategic oversight for legacy product lines.
• Partner with Marketing, Distribution, Finance, and Operations to bring products to market with actuarially sound pricing, compliant filings, and strong value propositions.

Reinsurance Management

• Oversee all reinsurance relationships, negotiations, treaties, and treaty management.
• Evaluate and structure reinsurance placements to support capital efficiency, risk management, and product competitiveness.
• Collaborate with Finance and Risk departments to assess impacts of reinsurance on earnings, reserves, capital, and volatility.

In‑Force Management

• Own ongoing performance monitoring and profitability analysis.
• Lead initiatives to improve value of in‑force business, including repricing, reinsurance optimization, and product management actions.
• Ensure governance around assumptions, pricing updates, product corrections, and regulatory compliance (e.g., AG 49, PBR, VM requirements).

Administration & Operational Support

• Partner with Operations, IT, and Customer Service to ensure robust administrative capabilities, system readiness, and product integrity throughout the policy lifecycle.
• Lead resolution of product or system issues impacting administration or customer experience.
• Support modernization initiatives, system conversions, and operational process improvements.

Leadership & Collaboration

• Lead, mentor, and develop a team of actuaries, analysts, and product specialists.
• Foster a culture of innovation, accountability, and cross‑functional partnership.
• Represent the product organization in executive discussions, strategic planning, and governance forums.
• Communicate complex actuarial concepts to non‑technical stakeholders with clarity and business focus.

Qualifications

• FSA preferred; ASA with significant experience will be considered.
• 10+ years of experience in life insurance or annuity product management, actuarial pricing, or related areas.
• Direct experience with product development, reinsurance, and in‑force management strongly preferred.
• Strong understanding of regulatory and actuarial frameworks (PBR, VM‑20/21/22, AG‑49, STAT, RBC).
• Demonstrated leadership experience with cross‑functional teams or direct reports.
• Excellent communication, strategic thinking, and decision‑making skills.

#LI-CORP

Base Pay Range:

$212,400-$292,050

The base pay range represents the typical range of potential salary offers for candidates hired. Factors used to determine your actual salary include your specific skills, qualifications and experience.

Incentive Pay:

In addition to base salary, this position is eligible for both a Short-Term Incentive plan and a Long-Term Incentive plan.

Why work with us?

Our employees and representatives serve nearly one million households with our diverse range of personal and business insurance products as well as retirement and investment services. We build relationships and work together to create a stronger, more secure future for our clients and our communities. We’re a big company, yet small enough you can make an impact and won’t get lost in the shuffle. You’ll have the opportunity to learn and grow throughout your career, either within this role or by exploring other areas of our business.

You’ll be able to take advantage of our benefits package, which includes insurance benefits (medical, dental, vision, disability, and life), 401(k) with company match.

COUNTRY Financial is committed to providing equal opportunity in all areas of employment, and in providing employees with a work environment free of discrimination and harassment. Employment decisions are made without regard to race, color, religion, age, gender, sexual orientation, veteran status, national origin, disability, or any other status protected by applicable laws or regulations.