Assistant Vice President, Pricing Actuary

Overview

Job Category: Actuarial
Requisition Number: ASSIS
002493
Location: West Des Moines, Iowa (Mostly On-Site)

Posting

Title:

Assistant Vice President, Pricing Actuary

Employment Type:

Full-time
Work Arrangement:
Hybrid/On-Site as applicable

• Work Arrangements:
  Mostly On-Site
• Travel Requirements:
  Occasional travel (approximately 5-10% of the time)

As Assistant Vice President, Pricing Actuary, you will lead the development, pricing, and ongoing profitability management of Equi Trust’s annuity and life insurance products. You will manage and mentor actuarial professionals while partnering closely with Product Management, IT, Marketing, Compliance, Operations, Finance, and Corporate Actuarial teams to bring profitable, competitive products to market.

• Lead and develop a team of actuarial professionals, including hiring, performance management, workload allocation, engagement, and talent development
• Design and price profitable, competitive annuity and life insurance products
• Conduct competitive studies and participate in industry surveys to inform product strategy
• Develop and maintain pricing models using current actuarial software and methodologies
• Establish pricing assumptions, conduct profit testing, and recommend credited rates, caps, and participation rates
• Manage in-force profitability through liability review and renewal rate setting
• Oversee implementation of new products in partnership with IT, Marketing, Compliance, and Operations
• Support regulatory compliance through form, rate, and value filings with state insurance departments
• Contribute to agent, consumer, and sales materials in support of marketing and distribution efforts
• Ensure timely and accurate actuarial information is provided to corporate actuarial, accounting, and finance teams
• Champion Equi Trust’s core values of Integrity, Leadership, Accountability, Teamwork, and Passion

Education:

• Bachelor’s degree in Actuarial Science, Finance, Statistics, Accounting, Computer Science, Quantitative Mathematics, or a related field

Experience:

• Minimum 10 years of actuarial experience with annuities and life insurance required
• Minimum 3 years of actuarial management experience required
• Product development and pricing experience strongly preferred
• FSA or ASA designation required

Knowledge, Skills, and Abilities:

• Strong expertise in actuarial mathematics, probability, statistics, and financial principles
• Working knowledge of insurance laws and regulations
• Excellent analytical, organizational, and problem-solving skills
• Strong written and verbal communication and presentation skills
• Ability to manage multiple priorities and meet deadlines in a dynamic environment
• Proficiency with Microsoft Office and actuarial modeling tools
• High level of professionalism and interpersonal effectiveness

• Primarily sedentary work with extended periods of sitting
• Frequent use of computers and fine motor skills
• Ability to communicate effectively (hearing, speaking, seeing)
• Infrequent lifting of up to 20 lbs

Total Rewards: In addition to base pay, eligible employees may receive an annual discretionary incentive bonus and access to a competitive benefits package including:

• 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

Equi Trust is an Equal Opportunity Employer and participates in the U.S. Federal E-Verify program. Applicants have rights under federal and state employment laws. To learn more, visit Equi Trust Careers.

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Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.