Assistant Vice President, Pricing Actuary jobs in United States
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EquiTrust Life Insurance Company · 9 hours ago

Assistant Vice President, Pricing Actuary

EquiTrust Life Insurance Company is a national carrier of competitive annuity products. As Assistant Vice President, Pricing Actuary, you will lead the development and pricing of annuity and life insurance products while managing a team of actuarial professionals and collaborating with various departments to ensure product profitability and compliance.

Financial ServicesInsurance

Responsibilities

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 EquiTrust’s core values of Integrity, Leadership, Accountability, Teamwork, and Passion

Qualification

Actuarial ScienceFSAASA designationProduct developmentActuarial managementActuarial modeling toolsInsurance laws knowledgeAnalytical skillsMicrosoft Office proficiencyOrganizational skillsProblem-solving skillsCommunication skillsInterpersonal effectiveness

Required

Bachelor's degree in Actuarial Science, Finance, Statistics, Accounting, Computer Science, Quantitative Mathematics, or a related field
Minimum 10 years of actuarial experience with annuities and life insurance required
Minimum 3 years of actuarial management experience required
FSA or ASA designation required
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

Preferred

Product development and pricing experience strongly preferred
Product management experience preferred

Benefits

Medical, Dental & Vision coverage:
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

Company

EquiTrust Life Insurance Company

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When searching for a company that demonstrates integrity, strength and innovation – one that can help you meet your financial objectives – look no further.

Funding

Current Stage
Late Stage

Leadership Team

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Dawn Gratzke
Executive Assistant to Chief Accounting Officer
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Ken Musick
Deputy Chief Investment Officer
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Company data provided by crunchbase