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Principal Financial Group · 2 weeks ago

Assistant Actuary or Financial Analyst V

United States

Full-time

Remote

Mid, Senior Level

$101K/yr - $182K/yr

4+ years exp

Principal Financial Group is a purpose-led firm focused on making financial security accessible to all. The Assistant Actuary or Financial Analyst V will manage actuarial models and processes, collaborating with various professionals to meet business unit modeling needs and ensure adherence to best practices.

Financial ServicesInsurance

No H1B

U.S. Citizen Only

Responsibilities

Meet modeling needs through deep model expertise, including but not limited to: End-to-end model process knowledge and troubleshooting capabilities, ALFA/Integrate development skills and feature engineering, Accountability for technical components of all respective Business Unit models in ALFA/Integrate

Own month-end control process execution and change validation

Manage model risk through attention to detail, thorough change validation, and an accountability mindset

Apply VA/RILA product knowledge to understand and explain model outputs and change impacts

Build positive and productive relationships with business unit model owners to define and deliver key objectives that drive value for the business

Influence key stakeholders across the organization to drive efficient actuarial processes

Effectively work as part of the broader Enterprise Modeling Team and collaborate with IT, Accounting, and other areas to understand capabilities and value alignment

Qualification

Actuarial modelingMG-ALFA knowledgeVariable Annuities knowledgeValuation processesCash Flow TestingForecastingAnalytical skillsTechnical skillsCommunication skillsPresentation skills

Required

Bachelor's or Master's degree in Actuarial Science or related field and 4+ years of actuarial work experience required

Strong analytical and effective communication and presentation skills

Knowledge of Variable Annuities and Registered Index-Linked Annuities

Knowledge of MG-ALFA or other actuarial modeling platform

Knowledge of actuarial processes, including Valuation (STAT & GAAP), Cash Flow Testing, and Forecasting

Able to direct the work of others and assist in their education and development

Preferred

Fellow of the Society of Actuaries preferred. Open to a Financial Analyst with extensive modeling experience

Knowledge of spreadsheets, technical skills, or the ability to learn is preferred

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

Glassdoor3.9

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

10001+ employees