AVP Actuary Valuation & Modernization- Onsite-Des Moines, Iowa

Wellabe, Inc.; Des Moines (IA); Hybrid; USD 180,000 - 240,000; Full time

Benefits offered by this job

401(k) with company match

Health insurance

Paid time off, holidays

Volunteer time off

Lifestyle Spending Account (LSA)

Paternity leave

Job summary

Wellabe, Inc. seeks an AVP Actuary Valuation & Modernization to lead the actuarial function, establish reserves, and explain financial results for Wellabe entities. This role guides the annual audit, state exams, and ongoing modernization of actuarial processes.

The ideal candidate has 7+ years of US statutory and GAAP valuation, strong leadership, and ability to communicate with executives. Hybrid work arrangements in Des Moines support collaboration and compliance.

Qualifications

• Bachelor’s degree with at least a minor in mathematics, statistics, actuarial science, or computer science.
• FSA designation strongly preferred.
• MAAA designation is a plus.

Responsibilities

• Oversees the preparation and interpretation of actuarial data and related formulae; provides guidance on complex actuarial situations.
• Ensures compliance with statutory reserve requirements.
• Directs monthly/quarterly/annual close for actuarial items, including valuation of reserves for all Wellabe entities.
• Supports financial reporting and analysis for management and the board.
• Drives automation and AI to improve actuarial and reporting processes.
• Builds and leads a high-performing team of actuarial professionals.
• Collaborates with Accounting, Internal Audit, Risk, Modeling, and Data Asset Management.
• Partners with Finance/Legal on reinsurance accounting and disclosures; ensures valuation consistency.

Skills

Communication skills

Actuarial analysis

Data management

Problem solving under pressure

Cross-functional collaboration

Analytical thinking

Leadership

Education

Bachelor’s degree in mathematics, statistics, actuarial science, or computer science

FSA designation strongly preferred

MAAA designation is a plus

Tools

Actuarial modeling software

Excel

Data analysis tools

Job description

AVP Actuary Valuation & Modernization- Onsite-Des Moines, Iowa

Job Category: Actuarial

Requisition Number: AVPAC001977

• Posted : August 3, 2026
• Full-Time
• Hybrid

Locations

Showing 1 location

Description

Wellabe is seeking an AVP Actuary Valuation & Modernization to join our team. This role provides leadership and direction to the actuarial function of the organization as it relates to establishing proper reserves for Wellabe companies and explaining financial results. Provides expertise and support for the annual audit and the quinquennial state exam. Oversees continuous improvement and modernization of actuarial processes. Ensures adherence to all departmental, regulatory, and actuarial guidelines for supported product lines.

Core Responsibilities

• Oversees the preparation and interpretation of actuarial data and related formulae. Provides advice and counsel regarding complex actuarial situations.
• Ensures compliance with statutory reserve requirements.
• Directs monthly/quarterly/annual close for actuarial items, including valuation of reserves for all Wellabe entities and review of NAIC risk-based capital calculations.
• Supports financial reporting and analysis for management and the board.
• Ensures adherence to all MAR controls related to reserves.
• Maintains appropriate documentation of actuarial processes and work products.
• Drives automation and use of AI to improve actuarial and reporting processes.
• Build and lead a high performing team (approx. 3-5 actuarial professionals), overseeing workflow, providing feedback, fostering a positive work environment, developing staff, and hiring as needed.
• Collaborates with Accounting, Internal Audit, Risk, Modeling, and Data Asset Management to ensure accuracy and integrity of Finance work products.
• Partners with Finance/Legal on reinsurance accounting, treaty implementations, and related disclosures; ensures valuation consistency for ceded/assumed blocks.
• Provides thought leadership to the broader Finance organization.

Qualifications

• Must have exceptional written and verbal communication skills, including the ability to speak to executive and board level officers in formal settings.
• Advanced actuarial skills on reserving, experience analysis, data management, and reporting.
• Advanced knowledge of insurance products, operations and existing regulations, awareness of legal, political, economic and environmental impacts on the insurance products and operations.
• Strong aptitude for understanding technical solutions and learning/utilizing tools.
• Advanced knowledge of MS Office Suite (Excel, Word and PowerPoint).
• High ability to solve problems and work under pressure.
• Strong analytic and critical thinking skills backed by exceptional ability to articulate and defend complex ideas and strategies to non-technical audiences in order to assure maximum understanding and positive impact of ideas.
• Demonstrated success working in cross-functional collaborative teams and in working with senior management.
• Strong organizational skills with a drive for transparency and efficiency.
• 7+ years' actuarial experience with deep expertise in US statutory and US GAAP (LDTI) valuation, RBC, reserve governance, and controls.
• Experience with actuarial modeling software.
• Experience with GAAP LDTI is a plus.

Education

• Bachelor’s degree with at least a minor in mathematics, statistics, actuarial science, or computer science.
• FSA designation strongly preferred.
• MAAA designation is a plus.
• 401(k) with company match
• Health insurance
• Paid time off, holidays
• Volunteer time off
• Lifestyle Spending Account (LSA)
• Paternity leave

Growth opportunities

We believe each of us has potential to grow and adapt with our business. We take your career as seriously as you do. Helping you develop your skills and talents leads to opportunities - not only for you, but also for our company. That's why we provide:

• CliftonStrengths assessment and coaching
• On-site and virtual workshops and cohorts featuring world-class content from FranklinCovey, Crucial Learning, Gallup, and more
• Free world-class insurance acumen courses through AHIP and LOMA
• Reimbursement and bonus opportunities for professional designations and certifications, including a tuition reimbursement program
• Opportunities to take part in Wellabe's mentorship programs

Since 1929, Wellabe has been finding solutions to help our customers protect their health and financial well-being. And we're committed to fostering an internal culture of inclusivity, well-being, and development so each of our team members can succeed. Learn more about Wellabe's culture of betterment by visiting wellabe.com/culture .

Wellabe is full of smart, caring, hard-working people with a broad range of talents who understand collaboration is key. We bring our best selves every day, to connect with others to solve problems, spark innovation, and bring ideas to life. Meet the team and learn what makes Wellabe a great place to work by visiting wellabe.com/news/employee-spotlights .

Our core values:

• Be dedicated:Show unwavering commitment by proactively taking initiative, setting clear goals, and managing time effectively.
• Be trustworthy:Take accountability for actions, navigate difficult conversations with integrity, and build strong relationships through consistent, honest behavior.
• Be determined:Demonstrate enthusiasm and a relentless drive to overcome obstacles and achieve goals.
• Be collaborative:Foster teamwork by being self-aware, actively listening, and effectively communicating across all levels.
• Be open:Embrace diversity and new ideas to create an inclusive environment.
• Be generous:Embody generosity and compassion by serving a greater purpose and helping others.
• Be better:Commit to continuous improvement and adapt effectively to change.
• Be well:Prioritize physical and mental health, manage stress, and demonstrate emotional intelligence.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.For further information, please review the Know Your Rights notice from the Department of Labor.