Actuary - Product Development

Athene; West Des Moines (IA); On-site; USD 120,000 - 190,000; Full time

Job summary

Athene seeks a senior actuary to join its Product Development team in West Des Moines. You will lead development of annuity products, perform competitive research, build pricing assumptions, and assess profitability and risk across the product lifecycle.

You will collaborate with actuarial and other teams to translate designs into system specifications, prepare regulatory filings, and apply new technologies and AI tools to accelerate analysis while ensuring compliance and accurate communication

Qualifications

• 6+ years of actuarial experience in the annuity or life insurance industry.
• Experience with fixed annuities, fixed indexed annuities and/or indexed linked annuities.
• Strong actuarial modeling and analytical capabilities.
• Proficiency with Microsoft Office and ability to use AI tools to boost efficiency.

Responsibilities

• Develop and evaluate new annuity product opportunities using research, business-case analysis and actuarial judgment.
• Evaluate product profitability and perform advanced risk analysis with pricing assumptions.
• Support product execution from design through launch by regulatory filings and system specifications.
• Partner across functions to integrate new products into downstream processes.
• Review product and marketing materials for design alignment and risk.

Skills

Actuarial modeling

Analytical capabilities

Communication skills

Collaboration

Technical writing

Critical thinking

AI tools usage

Microsoft Office proficiency

Education

Bachelor's degree in mathematics or actuarial science

ASA designation or higher

Tools

Python

SQL

Excel

Job description

We are driven to do more. More for our customers and the financial professionals who offer our products. If you are driven to do more and love the challenge of pursuing more, Athene is your kind of company. You will find we offer more than the basics to create an inclusive and dynamic work environment at our various locations.

Purpose & Impact: Join Athene's Product Development team and help shape innovative retirement solutions in a business with significant scale, momentum and opportunity. In this role, you'll contribute across the product lifecycle-from competitive research, design and pricing through risk analysis, regulatory filings and implementation-while partnering with stakeholders across Actuarial and the broader organization. You'll have the opportunity to apply deep actuarial expertise, challenge existing approaches and help move ideas from concept to market. As part of Athene, you'll work in an environment strengthened by our strategic relationship with Apollo, where innovation, disciplined decision-making and a bias for action help us deliver solutions at scale. Our BEAM values-Believe in your co-workers, Engage actively, Act like owners and Make it happen-shape how we work together and deliver results.

Key Deliverables:

• Develop and evaluate new annuity product opportunities, using competitive research, business-case analysis and actuarial judgment to inform product design and strategy.
• Evaluate product profitability and perform advanced risk analysis using actuarial modeling tools, including developing and implementing appropriate pricing assumptions.
• Support product execution from design through launch by preparing regulatory filings, responding to inquiries and translating product designs into specifications for administrative systems.
• Partner across Actuarial and other functions to integrate new products into downstream processes and deliver effective, scalable implementations.
• Review product and marketing materials for alignment with product design while proactively identifying risks, issues and opportunities for improvement.
• Apply technology and AI-enabled tools appropriately to accelerate analysis, research and routine work, creating more capacity for actuarial judgment, innovation and higher-impact product development.

What You Need to Bring:

• 6+ years of relevant experience in actuarial work within the annuity or life insurance industry, including product development, pricing and/or risk management, or other relevant experience.
• Experience with fixed annuities, fixed indexed annuities and/or registered index-linked annuities, with the actuarial judgment to evaluate product profitability and risk.
• Strong actuarial modeling and analytical capabilities, complemented by proficiency with Microsoft Office and the ability to use emerging technologies and AI thoughtfully to improve efficiency and insight.
• Experience with Python, SQL, or other programming and database technical tools beneficial.
• Demonstrated critical thinking, creativity and independent judgment, with the ability to establish priorities, solve complex problems and move multiple initiatives forward in a changing environment.
• Strong communication and collaboration skills, with the ability to influence stakeholders, share expertise and provide technical or informal guidance to colleagues.
• Technical writing skills are also important to execute on key deliverables throughout the product life cycle.
• Bachelor's degree in mathematics, actuarial science or a related field, or equivalent experience; Associate of the Society of Actuaries (ASA) designation or higher Drive.

Drive. Discipline. Confidence. Focus. Commitment.

Learn more about working at Athene. Athene is a Military Friendly Employer! Learn more about how we support our Veterans. Athene is committed to inclusion and is proud to be an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, marital status, sexual orientation, veteran status or any other status protected by federal, state or local law.

We are driven to do more. More for our customers and the financial professionals who offer our products. If you are driven to do more and love the challenge of pursuing more, Athene is your kind of company. You will find we offer more than the basics to create an inclusive and dynamic work environment at our various locations.