West Des Moines Chamber of Commerce · 16 hours ago
Actuarial Associate, Reinsurance
EquiTrust Life Insurance Company is a national carrier of competitive annuity products. As an Actuarial Associate, you will support actuarial modeling, valuation, and risk analysis for life and annuity products, collaborating with various teams to ensure accurate modeling and financial decision-making.
Non-profit Organization Management
Responsibilities
Support the conversion and enhancement of actuarial valuation and modeling systems
Develop, test, and document actuarial model updates in ALFA and related systems
Assist with asset modeling techniques and projection of asset cash flows, including structured assets
Support the integration of new products into corporate in-force models
Analyze asset/liability modeling and risk results and help interpret key drivers
Prepare monthly and quarterly valuation runs, review results, and analyze reserve movements
Assist with annual cash flow testing and monitoring of financial results
Maintain documentation, controls, and governance supporting modeling and reporting processes
Support internal and external audits and respond to information requests
Collaborate with team members and business partners to support departmental and company objectives
Qualification
Required
Bachelor's degree in Actuarial Science, Mathematics, Statistics, Data Analytics, or a related field
1+ year of actuarial experience
Completion of 2 SOA exams required
Working knowledge of Microsoft Office, including Excel and Access
Strong analytical, problem-solving, and organizational skills
Ability to communicate actuarial concepts and results to non-technical audiences
Ability to manage multiple priorities and meet deadlines
Self-motivated, detail-oriented, and able to work both independently and collaboratively
Preferred
Exposure to life insurance and/or fixed indexed annuity products preferred
Familiarity with actuarial modeling tools such as ALFA or ARCVAL
Continued progress toward actuarial credentials encouraged and supported
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
West Des Moines Chamber of Commerce
Our mission is to champion all things West Des Moines by strengthening our area companies, providing personalized resources and attracting a top workforce to position WDM as the best suburban city in America.