Product Actuary, Life & Annuity

Role Description

As a Product Actuary, Life & Annuity (L&A), you'll be part of the Insurance Product Team, working across Bestow's Software Product, Customer Experience, Data Science, User Experience, Actuarial, Legal/Compliance, Engineering, and Sales teams. This role requires the ability to translate complex actuarial mathematics into accurate, implementable system logic.

This is a hands-on role where you'll be the go-to actuarial and calculation subject-matter expert for the team building illustration and policy administration capabilities. You'll work directly alongside our Engineering teams, including building prototypes using AI tools.

What You'll Do

• Serve as the go-to subject-matter expert on the actuarial and calculation logic behind illustrations and policy administration.
• Translate life insurance and annuity product specifications into implementable system logic for illustration and policy administration systems.
• Use AI tools to rapidly prototype, code, and test calculation logic.
• Support policy migrations, ensuring original calculation logic carries through accurately.
• Validate that system behavior accurately reflects product intent.
• Support User Acceptance Testing for product implementations and platform enhancements.
• Produce clear documentation of product calculation methodologies, business rules, and implementation decisions.
• Partner with carrier and vendor implementation teams to support the onboarding of new products and features.

Qualifications

• 8+ years of life insurance industry experience; annuity experience is a strong plus.
• 3-5 years of hands-on experience building pricing models or implementing illustration and policy administration systems.
• Deep product knowledge of life and annuity insurance products such as IUL, VUL, FIA, and complex riders.
• A track record of connecting actuarial calculations to policy admin workflows.
• Experience with agentic coding tools and workflows is a plus.
• Experience supporting policy migrations or legacy block conversions is a strong plus.
• Actuarial background (ASA, FSA) is strongly preferred.
• Strong written communication skills for producing clear documentation.
• Comfortable building processes and making judgment calls in a fast-moving environment.

Benefits

• Competitive salary and equity based on role.
• Policies and managers that support work/life balance, including flexible paid time off and parental leave programs.
• 100% paid-premium option for medical, dental, and vision insurance.
• Lifestyle stipend to support physical, emotional, and financial wellbeing.
• Flexible work-from-home policy and open to remote work.
• Employee-led diversity, equity, and inclusion initiatives.