VM-22 Valuation Director & Actuary Leader

American Equity; Des Moines (IA); On-site; USD 180,000 - 240,000; Full time

Job summary

American Equity Investment Life Insurance Company, based in Des Moines, IA, seeks a Director of Actuary to lead VM-22 valuation, model validation, and reserve analytics. You will oversee quarterly valuation production, drive process improvements, and collaborate across Actuarial, Investments, Finance, and Technology to meet regulatory and financial reporting needs.

The role demands a Fellow of actuarial science, strong leadership, and proven experience in complex reserving, stochastic valuation,

Qualifications

• Bachelor’s degree in actuarial science, mathematics, statistics, economics, or a related field with a strong quantitative foundation.
• Fellowship designation (FSA or equivalent).
• Demonstrated experience leading complex actuarial valuation, modeling, or financial reporting initiatives.
• Experience with Aon PathWise or another actuarial projection and asset‑liability modeling platform is preferred.
• Supervisory experience is preferred.
• Experience with retail annuity products in the US.

Responsibilities

• Monitor regulatory and industry developments related to VM-22 and assess potential implications for the Company’s valuation models, processes, and results in partnership with the Qualified Actuary.
• Lead the validation, testing, implementation, and change management of VM-22 valuation models, including coordination of model enhancements, user acceptance testing, and production readiness.
• Lead the quarterly VM-22 valuation process, including production, review, analysis, reconciliation, documentation, and communication of reserve results.
• Direct and perform complex actuarial analyses related to annuity reserving and modeling, including reserve movement analysis, sensitivity testing, and identification of key result drivers.
• Partner with the Qualified Actuary and stakeholders across Actuarial, Investments, Product, Pricing, Finance, Risk, and Technology to support VM-22 implementation and ongoing valuation processes.
• Develop and present actuarial exhibits, analyses, and summaries to senior leadership and other governance stakeholders, and support the Qualified Actuary in communications with auditors and regulators.
• Ensure actuarial analyses and supporting documentation are completed in accordance with applicable professional standards, Company policies, and internal control requirements.
• Provide technical direction, coaching, and development to actuarial staff and build sustainable VM-22 valuation capabilities within the team.
• Manage the employee life cycle and experience, including but not limited to, selection and retention of talent, continuous feedback and performance management, reward and recognition, corrective action and employee development.

Education

Bachelor’s degree in actuarial science, mathematics, statistics, economics, or a related field

Fellowship designation (FSA or equivalent)

Tools

Aon PathWise

Job description

American Equity Investment Life Insurance Company, based in Des Moines, IA, seeks a Director of Actuary to lead VM-22 valuation, model validation, and reserve analytics. You will oversee quarterly valuation production, drive process improvements, and collaborate across Actuarial, Investments, Finance, and Technology to meet regulatory and financial reporting needs.

The role demands a Fellow of actuarial science, strong leadership, and proven experience in complex reserving, stochastic valuation,