Head of Institutional Insurance Product & Actuarial (Insurance)

TL;DR

Head of Institutional Insurance Product & Actuarial (Insurance): Leading pricing assumption development, model ownership, and product development for the Institutional Insurance business with an accent on BOLI, COLI, and ICOLI products. Focus on driving profitable growth, managing in-force analytics, and ensuring strict adherence to regulatory and corporate governance policies.

Location: Must be based in Boston, MA or Springfield, MA

Salary: $185,300–$243,100

Company

hirify.global is a purpose-driven insurance corporation focusing on long-term impact and strategic institutional solutions.

What you will do

• Lead pricing assumption development, model ownership, and product development for the Institutional Insurance segment (BOLI, COLI, ICOLI).
• Manage and coach a team of actuarial and quantitative consultants to achieve profitable growth.
• Oversee custom pricing and rate setting in alignment with the Nonguaranteed Elements framework and regulatory policies.
• Collaborate with Sales and Operations teams to support new business pursuit and complex case onboarding.
• Develop and monitor in-force analytics to provide business insights and refine pricing assumptions.
• Drive business strategy by analyzing competitive data and managing relationships with enterprise risk and model governance partners.

Requirements

• Location: Must be based in Boston, MA or Springfield, MA
• ASA or FSA designation.
• 10+ years of actuarial experience in pricing, experience studies, or product development.
• 3+ years of experience specifically with life insurance products.

Nice to have

• 3+ years of experience in an actuarial leadership role.
• Expertise in the design and development of cash value life insurance products (BOLI, COLI, ICOLI).
• Proven success in implementing continuous improvement for decision-making timelines and efficiency.
• Strong ability to communicate complex technical insights to non-technical audiences.

Culture & Benefits

• Environment that values long-term impact over short-term outcomes.
• Collaborative and inclusive culture where diverse perspectives are welcomed.
• Access to internal networks and development programs for continuous skill-building.
• Employee-led communities and forums to foster connection and inclusion.
• Strong corporate legacy grounded in integrity, responsibility, and stewardship.