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Company

Principal Financial Group · 1 day ago

Actuary - Life Risk Modeling

Des Moines, IA

Full-time

Remote

Senior Level, Lead/Staff

$137K/yr - $207K/yr

8+ years exp

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Responsibilities

Perform cash flow testing and asset adequacy analysis to ensure long-term solvency and financial resilience, aligning with regulatory requirements and actuarial standards of practice.

Research and stay apprised of changes in pertinent regulations to ensure compliance in analysis and decision making. Apply actuarial analysis in the development and maintenance of sound, efficient, and accurate systems to support calculations and recommendations.

Lead or participate in business unit or cross company projects as a subject matter expert. Provide analytical and research-based consultation to achieve cost effective and strategic solutions.

Contribute to financial and strategic planning initiatives within business unit by identifying key priorities based on internal and external needs.

Responsible for duties associated with management of staff including, but not limited to: hiring, salary administration, and performance management. Provide strategic direction and leadership to direct reports on the day-to-day functions of their jobs.

Qualification

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Actuarial experienceAsset Liability ManagementCash flow testingRegulatory complianceLife Risk ManagementContinuing educationSpreadsheet softwareDatabase softwareLife insurance knowledgeALFA modelingLeadership experience

Required

Bachelor's degree or equivalent required

A Fellow of the Society of Actuaries, or global equivalent, or Enrolled Actuary and 8+ years actuarial experience required

Knowledge of pertinent laws, regulations, the Actuarial Standards of Practice promulgated by the Actuarial Standards Board, and the Code of Professional Conduct of the AAA and the SoA is required

Basic knowledge of Life Risk Management and Asset Liability Management

Informal or formal leadership experience

Must maintain continuing education requirements as specified by the SOA or AAA

Good communication skills and knowledge of spreadsheet and database or similar PC software packages, or ability to learn

Preferred

Life insurance knowledge

ALFA modeling experience

Benefits

Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness.

Pension Eligible

Company

Principal Financial Group

Glassdoor

3.9

Principal Financial Group® is dedicated to improving the wealth and well-being of people and businesses around the world—helping more than 62M customers plan, protect, invest, and retire as of December 31, 2023.

Founded in 1879

Des Moines, Iowa, USA

10,001+ employees