AVP, Senior Pricing Actuary – Annuities & Life

EquiTrust; West Des Moines (IA); Hybrid; USD 150,000 - 230,000; Full time

Benefits offered by this job

401(k) with Company Match

Paid time off

Paid Parental Leave

Hybrid/Remote Work Options

Early Friday Closure

Job summary

EquiTrust is seeking an Assistant Vice President, Pricing Actuary to lead the development, pricing, and profitability management of annuity and life insurance products in West Des Moines, IA. You will mentor actuaries and collaborate with Product, IT, Marketing, Compliance, and Finance to bring profitable products to market.

The role requires a seasoned actuary with 10+ years of experience in annuities/life, 3+ years in management, and a strong background in pricing models and regulatory

Qualifications

• Bachelor's degree in actuarial science or related field is required.
• Minimum 10 years of actuarial experience with annuities and life insurance.
• Minimum 3 years of actuarial management experience; FSA or ASA designation required.

Responsibilities

• 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 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 with IT, Marketing, Compliance, and Operations.
• Support regulatory filings with state insurance departments.
• Contribute to agent, consumer, and sales materials for marketing and distribution.
• Provide timely actuarial information to corporate teams.
• Champion core values: Integrity, Leadership, Accountability, Teamwork, Passion.

Skills

Actuarial Mathematics

Probability

Statistics

Financial Principles

Analytical Thinking

Communication Skills

Project Management

Leadership

Education

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

Tools

Microsoft Office

Actuarial modeling tools

Job description

EquiTrust is seeking an Assistant Vice President, Pricing Actuary to lead the development, pricing, and profitability management of annuity and life insurance products in West Des Moines, IA. You will mentor actuaries and collaborate with Product, IT, Marketing, Compliance, and Finance to bring profitable products to market.

The role requires a seasoned actuary with 10+ years of experience in annuities/life, 3+ years in management, and a strong background in pricing models and regulatory