Head of Expense Pricing & Compensation Strategy

Is the opportunity to join a culture where “We Do the Right Thing,” and “We Courageously Shape Our Future Together” important to you? If so, Guardian is seeking a resolute motivated individual to join our team as a Head of Expense Pricing & Compensation Strategy.

In this role you will report to the Head of Pricing Strategy. This position is responsible for supporting the profitable growth of the Group Insurance blocks of business. Responsibilities include experience monitoring, market level analysis, and evaluating and implementing pricing strategies for all Group coverages.

You will

• Establish an allowable expense pricing model that aligns with operating plan

• Monitor emerging variances between actual and pricing expenses, and proactively make recommendations to address gaps

• Partner with Distribution, Finance, and Underwriting teams to establish a distribution compensation pricing strategy that aligns to market needs while achieving organizational goals

• Implement Distribution compensation budget framework aligned to pricing and Pay for Performance management model

• Develop and maintain expense pricing models for large market cases, leveraging unit cost study results and incorporating case-specific characteristics

• Analyze current pricing expense slopes, benchmark against market data and unit cost studies, and recommend updates to ensure competitive and accurate pricing

• Drive consistency in expense assumptions across the pricing organization, including new business, renewals, actual to expected performance reporting, and new business value reporting

• Collaborate with Finance to design and implement acquisition versus maintenance expense studies, integrating findings into durational pricing models

You have

• A deep understanding of group pricing practices including the use of experience

• Exceptional critical thinking and problem-solving skills

• Strong collaboration and communication skills, both verbal and written

• Ability to communicate pricing analyses to technical and non-technical audiences

• Ability to manage multiple projects with multiple deliverables simultaneously

• Adapts to changing business priorities and environments

• Fellow Society of Actuaries (FSA) designation or equivalent group finance experience

• Strong analytical and technical skills with the ability to synthesize sophisticated information

• Data visualization, machine learning, and predictive analytics experience preferred

Location:   

Hybrid role - 3 days in a Guardian office located in Holmdel, NJ; Bethlehem PA; or Hudson Yards, NYC. 2 days WFH. 10% Travel to other offices as determined by the People Leader

Salary Range:

$126,910.00 - $208,495.00

The salary range reflected above is a good faith estimate of base pay for the primary location of the position. The salary for this position ultimately will be determined based on the education, experience, knowledge, and abilities of the successful candidate. In addition to salary, this role may also be eligible for annual, sales, or other incentive compensation.

Our Promise

At Guardian, you’ll have the support and flexibility to achieve your professional and personal goals.  Through skill-building, leadership development and philanthropic opportunities, we provide opportunities to build communities and grow your career, surrounded by diverse colleagues with high ethical standards.

Inspire Well-Being

As part of Guardian’s Purpose – to inspire well-being – we are committed to offering contemporary, supportive, flexible, and inclusive benefits and resources to our colleagues. Explore our company benefits at www.guardianlife.com/careers/corporate/benefits. Benefits apply to full-time eligible employees. Interns are not eligible for most Company benefits.

Equal Employment Opportunity

Guardian is an equal opportunity employer. All qualified applicants will be considered for employment without regard to age, race, color, creed, religion, sex, affectional or sexual orientation, national origin, ancestry, marital status, disability, military or veteran status, or any other classification protected by applicable law.

Accommodations

Guardian is committed to providing access, equal opportunity and reasonable accommodation for individuals with disabilities in employment, its services, programs, and activities. Guardian also provides reasonable accommodations to qualified job applicants (and employees) to accommodate the individual's known limitations related to pregnancy, childbirth, or related medical conditions, unless doing so would create an undue hardship. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact MyHR@glic.com. Please note: this resource is for accommodation requests only. For all other inquires related to your application and careers at Guardian, refer to the Guardian Careers site.

Visa Sponsorship

Guardian is not currently or in the foreseeable future sponsoring employment visas. In order to be a successful applicant. you must be legally authorized to work in the United States, without the need for employer sponsorship.

Current Guardian Colleagues: Please apply through the internal Jobs Hub in Workday.