Senior Actuary, ALM & Model Governance (On‑Site)

EquiTrust Life Insurance Company; Des Moines (IA); On-site; USD 120,000 - 180,000; Full time

Benefits offered by this job

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

Job summary

A U.S. life insurance provider in West Des Moines, Iowa, seeks a qualified Actuary to lead the modeling and valuation functions. The ideal candidate will have at least 7 years of actuarial experience and a strong background in life insurance and annuity products. Responsibilities include overseeing financial reporting, developing actuarial models, and collaborating with various stakeholders. This position offers opportunities for performance management and fostering an inclusive team environment, along with a competitive benefits package.

Qualifications

• Minimum 7 years of actuarial experience.
• At least 5 years of experience with life insurance and fixed indexed annuity products.
• Supervisory or leadership experience preferred.
• FSA required.

Responsibilities

• Lead and develop a team of actuarial professionals.
• Oversee valuation and financial reporting for life and annuity products.
• Drive Cash Flow Testing and financial modeling.
• Enhance actuarial models and testing processes.
• Partner with Investments and cross-functional stakeholders.

Skills

Advanced actuarial and quantitative modeling expertise

Experience with actuarial systems such as ALFA and ARCVAL

Strong analytical and problem-solving capabilities

Excellent written and verbal communication skills

Ability to build strong partnerships across departments

Education

Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Data Analytics, or related field

Tools

VBA

SQL

Python

Job description

A U.S. life insurance provider in West Des Moines, Iowa, seeks a qualified Actuary to lead the modeling and valuation functions. The ideal candidate will have at least 7 years of actuarial experience and a strong background in life insurance and annuity products. Responsibilities include overseeing financial reporting, developing actuarial models, and collaborating with various stakeholders. This position offers opportunities for performance management and fostering an inclusive team environment, along with a competitive benefits package.