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Benefits offered by this job
Comprehensive medical, dental, and vision plans
401(k) company match
Tuition reimbursement
Generous paid leave
Onsite fitness facility
Job summary
A leading insurance firm in Minneapolis is seeking a seasoned actuary to design and enhance Indexed Universal Life (IUL) products. The ideal candidate has over 11 years of experience in life product development, including a Fellowship in the Society of Actuaries (FSA). This role requires expertise in actuarial modeling, product pricing strategies, and collaboration across teams. The competitive salary range is $140,000 to $240,000, exclusive of benefits, and includes annual incentives. Relocation assistance is available for qualified candidates.
Qualifications
11+ years of actuarial experience with life product development.
Expertise in actuarial modeling and pricing methodologies.
Ability to collaborate across cross-functional teams.
Legally authorized to work in the U.S.
Responsibilities
Design and refine IUL products and strategies.
Build and validate pricing models for product behavior.
Conduct profitability analysis and scenario modeling.
Mentor actuarial staff on IUL concepts.
Skills
Actuarial experience
Actuarial modeling platforms
Risk management
Data analysis
Communication skills
Education
Four-year degree in Actuarial Science or related field
Fellowship in the Society of Actuaries (FSA)
Tools
Advanced actuarial techniques
Sensitivity testing tools
Job description
A leading insurance firm in Minneapolis is seeking a seasoned actuary to design and enhance Indexed Universal Life (IUL) products. The ideal candidate has over 11 years of experience in life product development, including a Fellowship in the Society of Actuaries (FSA). This role requires expertise in actuarial modeling, product pricing strategies, and collaboration across teams. The competitive salary range is $140,000 to $240,000, exclusive of benefits, and includes annual incentives. Relocation assistance is available for qualified candidates.