Actuary-Product Development

ATHENE; West Des Moines (IA); On-site; USD 130,000 - 190,000; Full time

Job summary

Athene is seeking a senior actuary to join the Product Development team and shape innovative retirement solutions. You will lead across the product lifecycle from research through pricing, regulatory filings, and implementation, collaborating with Actuarial and cross-functional partners.

We value experience with fixed annuities, strong modeling, and the ability to apply AI-enabled tools to accelerate analysis, while maintaining rigorous actuarial judgments in a dynamic environment.

Qualifications

• 6+ years of actuarial experience in the annuity or life insurance industry, including product development, pricing, and/or risk management.
• Experience with fixed annuities and indexed annuities.
• Strong modeling and analytical capabilities, plus proficiency in Microsoft Office; familiarity with AI tools a plus.

Responsibilities

• 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 pricing assumptions.
• Support product execution from design through launch by preparing regulatory filings and translating product designs into specifications for administrative systems.
• Partner across Actuarial and other functions to integrate new products into downstream processes and deliver scalable implementations.
• Review product and marketing materials for alignment with product design while identifying risks and opportunities for improvement.

Skills

Actuarial experience

Pricing

Risk analysis

Actuarial modeling

Communication

Technical writing

Education

Bachelor’s degree in mathematics/actuarial science

ASA designation or higher

Tools

Python

SQL

Microsoft Office

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 actuarial experience within the annuity or life insurance industry, including product development, pricing, and/or risk management, or relevant professional experience preferred.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 in 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 tools is 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 for completing key deliverables throughout the product lifecycle.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. 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.