Pricing and Technology Actuary

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Haven Technologies is a new quote-to-claim insurtech platform for the life, disability and annuities industries that allows carriers to leverage our innovative platform as their own. Through our SaaS model, our solutions, including new business, in-force management and product development, are available to everyone

We believe in making life better, together. Our time-tested, purpose-built technology has already delighted customers through digital experiences, transformed complex, advisor-driven businesses, and launched new products with speed to help more people access life insurance. Don’t take our word for it, hear directly from our team.

But Haven Technologies is not just about technology. Our people and culture make our product. We believe magic happens when people have an opportunity to work with amazing colleagues and build things that matter.

As a team made of over 300+ dreamers, possibility-seekers and difference-makers, we are focused on taking on challenging problems to create simple, more accessible, and more customer centric solutions. We're located in New York's Flatiron District and in case you're wondering, yes, we provide free snacks. Cold brew too. If you're creative, professional and kind, we'd love to hear from you. Curious about what it’s like to work with us? Read about our culture and values here!

Let’s change the future of life insurance. Together.


ABOUT THIS ROLE:

We are seeking a passionate, detail-oriented person to join our risk solutions team. 

You will help shape the vision, planning, and execution of our technology and product innovation. You will be responsible for providing insurance product and implementation expertise to technology and insurance product owners, assisting in the pricing and development of insurance products that focus on the customer experience and collaborating with other experts from our  underwriting, reinsurance, legal, and filing teams. You will help analyze current data and processes to explore new innovative approaches to optimize the customer experience.  You will collaborate with other actuaries and work directly with business leaders, reinsurers, and technology product owners to manage the profitability of the insurance products and guide the strategic decisions of the organization.

 

WHAT YOU WILL DO:

  • Assist with product pricing and implementation including modeling and assumption development, filing contract development, underwriting procedures, reinsurance treaties, and administration and illustration systems implementation
  • Partner with business and technology product owners to design new products, features, and underwriting solutions that improve the customer experience and meet customer needs
  • Adopt an agile framework to schedule work, adjust as needed and continuously improve performance
  • Communicate performance with relevant internal and external stakeholders
  • Work with data analysts to report on performance and interpret results
  • Assist with product pricing and implementation including modeling and assumption development, filing contract development, underwriting procedures, and reinsurance treaties
  • Support product and illustration implementation on a new and innovative technology platform with product requirements, actuarial calculations, methods, and validation

REQUIREMENTS:

  • BS/BA required
  • Minimum 3 years of related experience, including experience with individual insurance products
  • Entrepreneurial minded and driven self-starter
  • Works collaboratively with others, and effectively communicates complex analysis, solutions, limits, and options to technical and nontechnical audiences
  • Working knowledge of individual life insurance, individual disability, or individual long term care products
  • Comfortable with analyzing data and working in spreadsheet applications
  • Fellow or Associate in the Society of Actuaries
  • Authorized to work in the US without sponsorship now or in the future

PREFERRED:

  • Knowledge of life insurance and annuity, products, regulations reserving and distribution, in particular experience with UL/IUL/VUL and/or FA/FIA/VA 
  • Experience with pricing, development and inforce management of life and annuity products, including implementation and testing on administrative and illustration systems
  • Software development or coding experience
  • Experience with Excel, Python, and Actuarial Modeling Tools
  • Experience in the evaluation of innovative underwriting methodologies


BENEFITS:

We have a stellar team of co-workers, a really cool office, a flexible hybrid work schedule and lots of fun activities. Oh yeah, and we pay competitive base salaries and we reward performance. Our salary structure is commensurate with experience. In addition, you will be eligible to participate in our comprehensive benefits program including medical insurance and 401(K).

We believe that one of the benefits to working here is our people and culture! We’re proud to share that we’ve been consistently named a top workplace by Great Places to Work (#6 Best Workplaces in New York) and BuiltIn (Top 10 Best Midsize Company to Work For in NYC)!

Target annual salary for this role is $115,000 to $150,000 + a bonus opportunity of up to 100% of annual base salary + benefits (including medical, dental, vision, accident and life insurance, paid days off, 401(k), and education reimbursement).

For California residents only:  All information collected via this job notice is subject to Haven Tech’s California Privacy Rights Notice, located at https://www.haventech.us/california-privacy-rights-notice/.


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Location

We're located on Park Ave just south of Grand Central, a few short blocks to the Empire State Building and very close to a stone throw away from Korea town.

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