Assistant Vice President, Pricing Actuary

EquiTrust Life Insurance Company; Des Moines (IA); Sur place; USD 140 000 - 190 000; Plein temps

Avantages offerts par ce poste

Medical, Dental & Vision coverage

401(k) with Company Match

Paid time off: Vacation, Sick, Holiday

Paid Parental Leave

Hybrid/Remote Work Options

Early Friday Closure

Résumé du poste

EquiTrust Life Insurance Company seeks an Assistant Vice President of Pricing Actuary to lead pricing, profitability management, and product strategy for annuities and life products. You will mentor actuarial staff and collaborate with Product, IT, Marketing, Compliance, Operations, and Finance.

Responsibilities include pricing design, modeling, and in-force profitability management, with opportunities to influence market competitiveness and regulatory filings.

Qualifications

• Bachelor’s degree required in a quantitative field such as Actuarial Science, Finance, Statistics, or related.
• Minimum 10 years of actuarial experience with annuities and life insurance.
• Minimum 3 years of actuarial management experience; FSA/ASA designation required.

Responsabilités

• Lead a team of actuarial professionals, including hiring, performance management, and talent development.
• Design and price profitable annuity and life insurance products.
• Develop pricing models using current actuarial software and methodologies.
• Conduct competitive studies and inform product strategy through surveys.
• Ensure regulatory compliance through filings with state departments.

Connaissances

Leadership

Pricing

Actuarial math

Regulatory knowledge

Communication

Project management

Formation

Bachelor’s degree in Actuarial Science, Finance, Statistics, Accounting, Computer Science, Quantitative Mathematics, or a related field

Description du poste

Assistant Vice President, Pricing Actuary

Location: West Des Moines, Iowa (Mostly On-Site)

Employment Type: Full-time

About Us

EquiTrust Life Insurance Company is a national carrier of competitive, client-friendly annuity products sold through a variety of distribution channels, including more than 20,000 independent agents and independent marketing organizations (IMOs). Since 2003, we have provided exceptional customer service to our clients by operating with integrity and passion. Our efforts are supported by a dedicated workforce who execute their responsibilities through teamwork and an entrepreneurial spirit. EquiTrust sells products nationwide and is headquartered in Chicago, Illinois, with operations in West Des Moines, Iowa.

How You’ll Contribute

As Assistant Vice President, Pricing Actuary, you will lead the development, pricing, and ongoing profitability management of EquiTrust’s annuity and life insurance products. You will manage and mentor actuarial professionals while partnering closely with Product Management, IT, Marketing, Compliance, Operations, Finance, and Corporate Actuarial teams to bring profitable, competitive products to market.

What You’ll Do

• Lead and develop a team of actuarial professionals, including hiring, performance management, workload allocation, engagement, and talent development
• Design and price profitable, competitive annuity and life insurance products
• Conduct competitive studies and participate in industry surveys to inform product strategy
• Develop and maintain pricing models using current actuarial software and methodologies
• Establish pricing assumptions, conduct profit testing, and recommend credited rates, caps, and participation rates
• Manage in-force profitability through liability review and renewal rate setting
• Oversee implementation of new products in partnership with IT, Marketing, Compliance, and Operations
• Support regulatory compliance through form, rate, and value filings with state insurance departments
• Contribute to agent, consumer, and sales materials in support of marketing and distribution efforts
• Ensure timely and accurate actuarial information is provided to corporate actuarial, accounting, and finance teams
• Champion EquiTrust’s core values of Integrity, Leadership, Accountability, Teamwork, and Passion

What You’ll Bring

Education

• Bachelor’s degree in Actuarial Science, Finance, Statistics, Accounting, Computer Science, Quantitative Mathematics, or a related field

Experience

• Minimum 10 years of actuarial experience with annuities and life insurance required
• Minimum 3 years of actuarial management experience required
• Product development and pricing experience strongly preferred
• Product management experience preferred
• FSA or ASA designation required

Knowledge, Skills, and Abilities

• Strong expertise in actuarial mathematics, probability, statistics, and financial principles
• Working knowledge of insurance laws and regulations
• Excellent analytical, organizational, and problem-solving skills
• Strong written and verbal communication and presentation skills
• Ability to manage multiple priorities and meet deadlines in a dynamic environment
• Proficiency with Microsoft Office and actuarial modeling tools
• High level of professionalism and interpersonal effectiveness

Physical Requirements

• Primarily sedentary work with extended periods of sitting
• Frequent use of computers and fine motor skills
• Ability to communicate effectively (hearing, speaking, seeing)
• Infrequent lifting of up to 20 lbs

Where You’ll Work

• Location: West Des Moines, Iowa
• Work Arrangements: Mostly On-Site
• Travel Requirements: Occasional travel (approximately 5-10% of the time)

Total Rewards

In addition to base pay, eligible employees may receive an annual discretionary incentive bonus and access to a competitive benefits package including:

• Medical, Dental & Vision coverage:
• 401(k) with Company Match
• Paid time off: Vacation, Sick, Holiday, and more
• Paid Parental Leave for both Mothers and Fathers
• Hybrid/Remote Work Options
• Early Friday Closure

EquiTrust is an Equal Opportunity Employer and participates in the U.S. Federal E-Verify program. Applicants have rights under federal and state employment laws. To learn more, visit EquiTrust Careers.

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