Second Vice President Product Development Actuary Life

2VP Product Development ? LifeSummary - Lead role in product development process from idea generation to launch - Best-in-class in product development including product innovation, product features, financing, underwriting and marketing. - Product champion from feasibility through launch. Focused on and facilitates ?speed to market?.- Management of life product development people and processes. Duties 1. Product Development For new life insurance products, - Design innovative products in accordance with marketing strategies while balancing competitive needs against company profit standards - Maintain systems and structures necessary for the testing of all data processing systems (proposal, issue and administrative). - Incorporate emerging actuarial mandates (including state mandated items and Actuarial Standards of Practice developed by the Actuarial Standards Board) into our pricing models - Develop explicit product specifications for all new life insurance products - Interface with Life Distribution. 2. Market Development Provide essential support in the Company's new ventures and expanding sources of distribution by analyzing the relevant cost structures and unique factors inherent in each venture and designing appropriate products to meet business objectives. 3. Large Case Support Work with Life Distribution wholesalers to support sales initiatives in the most competitive environments. This involves the need to customize presentations and provide essential narrative support describing product and design issues. Skills and Knowledge This position requires an FSA. Demonstrated thorough level of Actuarial, Financial and Marketing knowledge. Must be able to use quantitative methods to evaluate opportunities, and be articulate and persuasive in forming consensus and recommendations. Must be able to communicate technical results to non-technical audiences. Must possess the knowledge of the functions and structure of various areas of the Company. This position will be required to coordinate the efforts of each of these areas as they relate to specific Individual Product & Market Development projects and initiatives. Must be able to assimilate the requirements imposed both internally (by senior management) and externally (through regulators and professional standards boards) into our daily operations and reporting mechanisms. Demonstrated ability to direct personnel not directly reporting to this position is critical since initiatives will almost always cross-functional and reporting lines. The ability to clearly articulate the benefits associated with given initiatives, and to motivate those responsible for implementing new course of action, is necessary for the effective completion of the projects. Must make clear and concise recommendations to management in order to communicate the benefits and costs of initiatives. Since time will often be of the essence, and opportunities of presentations to senior management limited, the position must work independently in identifying issues and resolutions. Phoenix is committed to ensuring a safe, healthy, product and efficient work environment for our employees. Pre-employment drug testing and our substance abuse policy for applicants are integral components of our efforts to ensure such a safe working environment. Commencing on or about January 1, 2008, for jobs posted on or after January 1, 2008, Phoenix requires all prospective employees to whom Phoenix has given a conditional offer of employment to submit to a pre-employment urinalysis drug test. All prospective employees must receive a negative result as a condition of employment. https://recruiter.kenexa.com/phoenix/cc/CCJobDetailAction.ss?command=CCViewDetail&ccid=bupJEdUjsTs%3D&job_REQUISITION_NUMBER=23960