In Life and Annuities, we develop strategies for the creation, enhancement, and maintenance of a robust suite of life insurance and annuity products. We are seeking an Associate Director to lead complex analyses of liabilities and risks to ensure adequate pricing and overall financial strength of Sentry’s L&A products. In this role, you will participate in the development of short-term and long-range strategies for the business in underwriting, product, and pricing.

What You’ll Do

The Associate Director of Product, Pricing and Underwriting will help to steer and support the strategies and objectives for Sentry’s L&A products.

Additionally, you will:

• Lead a team that analyses product line financials to ensure financial strength including actuarial aspects of product development and product maintenance for all individual life and annuity products, determination of pricing structure and premiums, commission structure, systems specifications, and other actuarial supports for product management.

• Develop projection models for premium, policy counts, expenses, losses, etc. to forecast financial results for individual life and annuity products.

• Analyze rate making assumptions to monitor product performance compared to expected and to develop pricing rate levels that are competitive yet adequate to produce a desired profit.

• Apply tactical, strategic, and innovative analysis to evaluate costs, benefits, and risks of various business options to achieve profitability and premium growth. Coordinate and communicate product and rate recommendations and support documentation with executive management to facilitate the decision process.

• Provide leadership and direction to our underwriting team by overseeing the development, interpretation, and evaluation of life underwriting policies, guidelines, standards, processes, and procedures which support the growth and profitability of our product lines.

• Direct monitoring and auditing practices to assure adherence to established underwriting policy, processes, procedures, and guidelines. Establish and maintain appropriate exception procedures.

• Guide the life insurance application and issuance team to assure adherence with accepted business protocol and compliance with regulatory requirements.

What it Takes

• Bachelors Degree or equivalent work experience.

  • Emphasis in Math, Actuarial, Statistics, or Economics.

• 8+ years of related work experience.

• Fellow of the Society of Actuaries.

• Strong financial and analytical skills. Advanced knowledge of life insurance and annuity products; including pricing, compliance, as well as medical terminology.

• Proficient skill level in actuarial areas of statistical analysis/assumption setting used for rate making, loss reserving and forecasting.

• Knowledge and experience at a proficient level to successfully handle the underwriting decisions made by this position.

• Analytical ability to identify, evaluate and develop procedures for specific problem resolution.

• Ability to manage complex assignments to completion with limited guidance that meet the objectives of the assignment and align with the priorities outlined by management.

• Excellent human relations and communication skills.

What You’ll Receive

At Sentry, your total rewards go beyond competitive compensation. Below are some benefits and perks that you’ll receive.

• Sentry is happy to offer flexibility through a scheduled Hybrid work model. Monday and Friday work from home if you choose to, Tuesday through Thursday in office.

• Generous Paid-Time Off plan for you to enjoy time out of the office.

• 401(K) plan with a dollar for dollar match on your first eight percent, plus immediate vesting to help strengthen your financial future.

• Group Medical, Dental, Vision and Life insurance to encourage a healthy lifestyle.

• Extensive Work-Life Resources to lend a helping hand.

• Sentry Foundation gift matching program to encourage charitable giving.

• Continue your education and career development through Sentry University (SentryU).

About Sentry

We take great pride in making Forbes’ list of America’s Best Midsize Employers since 2017. A lot of different factors go into that honor, many of which contribute to your job satisfaction.

Our bright future is built on a long track record of success. We got our start in 1904 and have been helping businesses succeed and protect their futures ever since. Because of the trust placed in us, we’re one of the largest and financially strongest mutual insurance companies in the United States. We’re rated A+ by A.M. Best, the industry's leading rating authority.

Our headquarters is in Stevens Point, Wisconsin, with offices located throughout the United States. From sales to claims, and information technology to marketing, we enjoy a rewarding and challenging work environment with opportunities for ongoing professional development and growth.

Get ready to own your future at Sentry. Opportunities await!

Casey Van Der Geest

Casey.VanDerGeest@sentry.com

Equal Employment Opportunity

Sentry is an Equal Opportunity Employer. It is our policy that there be no discrimination in employment based on race, color, national origin, religion, sex, disability, age, marital status, or sexual orientation.