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Associate Director, Associate Director, Life & Disability Pricing
Company | Sun Life |
Address | , Wellesley Hills, 02481, Ma |
Employment type | |
Salary | $130,900 - $196,500 a year |
Expires | 2023-06-25 |
Posted at | 1 year ago |
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.
:
Associate Director - Disability Pricing
Responsibilities
This role is responsible for providing business and financial analysis to support new business and renewal pricing strategies for Sun Life's Group Short-Term Disability (STD) and Paid Family & Medical Leave (PFML) products.
Pricing:
- Develop and monitor new business and renewal pricing programs.
- Maintain and improve pricing tools and models.
- Perform regular experience studies to update manual rates and other pricing formulas to support profitable growth of the business.
- Respond to internal and external audits for managed products.
- Manage required regulatory rate filings to approval.
- Support new product initiatives, including product development, pricing and governance.
Profitability Management:
- Provide input to Business and Strategic Plan forecasts.
- 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.
- Enable management to react proactively to keep products competitively positioned.
- Monitor market and economic conditions to allow identification of issues/risks on a timely basis.
- Evaluate product financial performance, communicating to management and functional areas.
Leadership & Collaboration:
- The role may involve direct management of one or more actuarial students, including recruitment and evaluation of performance.
- Contribute to building a high-performance team, providing leadership and coaching to actuarial students on the team.
- Work in collaboration with Pricing, Underwriting, Product, Finance, Valuation and other teams.
Qualifications
- FSA and/or FCIA with relevant work experience.
- Familiarity with Group Benefits product pricing would be an asset.
- Intellectually curious and driven to understand underlying factors impacting results.
- Strong project management skills with a proven commitment to quality and meeting deadlines while handling multiple priorities.
- 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.
- Ability to apply advanced financial concepts and capabilities across business processes.
- Strong initiative and drive for results.
- Strong communication, interpersonal and influencing skills.
Excellent benefits with generous vacation and sick time, 401K match, noncontributory retirement plan, Paid Family Medical Leave, sabbatical program and much more friendly, collaborative and inclusive culture.
Our agile work environment allows our employees the flexibility to give and feel their best at work.
Not ready to apply yet but want to stay in touch? Join our talent community to stay connected until the time is right for you!
Life is brighter when you work at Sun Life
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
If you are a California resident, the salary range for this position is:
If you are a Colorado resident, the salary range for this position is $130,900 - $196,500 annually.
If you are a New York resident, the salary range for this position is $154,600 - $232,000 annually.
If you are Washington resident, the salary range for this position is $144,700 - 217,000 annually.
We consider various factors in determining actual pay including your skills, qualifications, and experience. In addition to salary, this position is eligible for incentive awards based on individual and business performance as well as a broad range of competitive benefits.
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.
At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.
#LI-remote
Our Affirmative Action Program affirms our commitment to make reasonable accommodation to the known physical or mental limitation of otherwise-qualified individuals with disabilities or special disabled veterans, unless the accommodation would impose an undue hardship on the operation of our business. Please email [email protected] to request an accommodation.
At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.
For applicants residing in California, please read our employee California Privacy Policy and Notice.
Job Category:
Posting End Date:
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
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