Director, Product Development

Company Introduction

At Revol One Financial® we offer a unique and exciting opportunity be on the ground floor of a startup that will upend the industry by being a refreshingly straight forward insurance company. Do you like to make quick decisions? Influence projects and outcomes? Be empowered to make decisions? We work differently and foster a collaborative, fun, and casual culture where employees make a meaningful impact. As a Director, Product Development of Revol One Financial, you will have the chance to mold & shape a critical area of Operations, work closely with leadership, work on numerous cross- function projects and wear multiple hats, all of which will be an excellent learning experience and provide opportunities for significant professional growth.

Our Core Values

• Lead with Trust & Integrity – We walk the talk. Living with integrity means our actions always match our words.
• Treat others with Respect & Humility – We value every individual. We respect and care for each fostering a supportive and empathetic workplace culture.
• Always be Genuine, Honest & Transparent – We know what we are and what we are not. We let honesty and transparency guide our decisions and actions, ensuring we stay true to who we are.
• Own Your Entrepreneurial Spirit – Everyone acts like an entrepreneur. We take initiative, own our actions, and drive innovation.
• Embrace Fun & Flexibility – Agility and positivity defines us. We embrace the fun in everything we do staying nimble and enthusiastic.
• We are One Revol One Financial – We Can, and we Will succeed together. We face challenges head on with determination and commitment, confident in our ability to succeed.
  
  

Director, Product Development

The Director, Product Development, is responsible for supporting the development of new annuity products and management of inforce annuity products. This position will support the Product Development Team with product ideation & design, pricing, contract filing, administration and illustration systems development, marketing support, and other technical support needed by Revol One to bring a new product to market. The role will also support re-pricing and rate-setting.

This position does not have direct reports.

Major Duties & Responsibilities

• Responsible for supporting the development and pricing of new products through model development, configuration, testing, and analysis of results
• Support implementation and post launch product efforts including administration and illustration system calculations, testing plans, calculations for marketing materials, training internal teams on product specifics, etc.
• Build and maintain tools, processes, and structures to enhance team effectiveness
  
  

Skills, Experience & Qualifications

• Bachelor's degree in mathematics, actuarial science or related degree or equivalent experience
• Working towards FSA and MAAA certifications
• 5 years actuarial experience with progressively more responsibility with a concentration on Individual Annuities and/or Individual Life Insurance products
• Experience within an Actuarial product development function, financial reporting, or reinsurance function preferred
• Strong problem-solving skills that include advanced analytical and reasoning abilities
• Unconditional integrity and commitment to delivering accurate information on schedule
• Proactively identifies issues and works towards solutions
• Prioritizes execution and delivery in a fast-paced environment
• Curious and inquisitive with a desire to understand goals and decisions rather than simply take orders
• Perform other functions, duties, and projects as assigned
• No travel is required for this position
  
  

Revol One Financial® is the marketing name for Revol One Insurance Company. Revol One Insurance Company is responsible for its own financial and contractual obligations. Revol One Insurance Company is not authorized to conduct business in the state of New York.

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