Pricing Actuary - Innovative Annuity Modeling

American Equity; Des Moines (IA); On-site; USD 70,000 - 100,000; Full time

Benefits offered by this job

Competitive compensation

Bonuses on exam completion

Mentors

Study time allowances

Exam fees reimbursement

Job summary

American Equity Investment Life Insurance Company in Des Moines, IA, offers an Actuarial Student Program where rotations cover pricing, product development, risk, and analytics. You’ll build essential actuarial, technical, management, and leadership skills while preparing for the FSA.

ASP participants are expected to pass SOA exams at a prescribed pace; the program provides mentoring, study time, and competitive compensation with exam-fee support.

Qualifications

• Bachelor’s degree in actuarial science or related field; 3+ years actuarial experience or equivalent.
• Must have experience with MS Excel and MG-ALFA; exposure to programming in R is desirable.

Responsibilities

• Provide pricing support and modeling for new and existing products.
• Develop pricing models using MG-ALFA/Integrate with custom coding as needed.
• Assess profitability and risk through testing and assumption reviews.
• Create documentation detailing modeling approaches, results, and risks.
• Collaborate with Product & Pricing and other partners to implement designs.

Skills

Analytical skills

Communication skills

Attention to detail

Problem solving

Education

Bachelor’s degree in actuarial science

Tools

MS Excel

MG-ALFA

Integrate

R

Job description

American Equity Investment Life Insurance Company in Des Moines, IA, offers an Actuarial Student Program where rotations cover pricing, product development, risk, and analytics. You’ll build essential actuarial, technical, management, and leadership skills while preparing for the FSA.

ASP participants are expected to pass SOA exams at a prescribed pace; the program provides mentoring, study time, and competitive compensation with exam-fee support.