Actuary, Inforce Management


Des Moines
Permanent
Negotiable
Insurance and Actuarial Science
PR/536330_1741267060
Actuary, Inforce Management

We're thrilled to be partnering with one of the industry's leading and most renowned life insurance firms, known for their constant innovation and growth. This top-tier company is on the lookout for a talented Actuary to join their high-performing Inforce Management team.

This role offers an incredible opportunity to collaborate with some of the most accomplished professionals in the life insurance sector, allowing you to elevate both your actuarial expertise and leadership skills. Plus, if you value flexibility, the position offers full remote work-so you can gain invaluable industry knowledge from anywhere!

An FSA designation is preferred, but the company is open to considering candidates with an ASA designation as well. Please apply only if you hold an ASA or FSA. The ideal candidate will have at least eight years of actuarial experience.

Read below for more on the exciting qualifications and responsibilities of this role!

Key Responsibilities:

  • Recommend experience studies and propose structural, value, or methodology changes for assumptions related to the retail block to the Assumptions Committee.
  • Drive the enhancement of departmental processes and analytical capabilities, introducing new analysis techniques where applicable.
  • Stay ahead of emerging industry trends, especially those impacting the company's inforce blocks, and integrate this knowledge into assumption reviews.
  • Leverage third-party services and surveys to deepen your understanding of emerging experience, particularly when internal experience is less credible.
  • Develop detailed management reports on inforce business and collaborate with both actuaries and non-actuaries to investigate and analyze these blocks.
  • Identify opportunities to enhance the financial or risk position of the inforce blocks outside of the standard renewal rate setting or repricing.
  • Lead and mentor direct reports through iterative report development and in-depth quantitative or qualitative investigations.
  • Cultivate team engagement, professional growth, and development, while fostering a risk-aware culture.
  • Innovate to create scalable and repeatable processes to optimize team performance.

Experience & Education Requirements:

  • Bachelor's degree in Mathematics, Actuarial Science, or a related field (or equivalent experience).
  • ASA and MAAA certifications; FSA is preferred.
  • A minimum of 5 years of actuarial experience with a focus on Individual Annuities and/or Individual Life Insurance products.
  • Experience in Actuarial product development, financial reporting, or reinsurance is a plus.

This is an exceptional opportunity to join a forward-thinking company that values both professional growth and work-life balance. If you're ready to take your career to the next level, apply today! Please only apply if you meet the qualifications.

FAQs

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