Actuary

Posting Title: Actuary
Location: West Des Moines, Iowa (Mostly On-Site)
Employment Type: Full-time

About Us:
EquiTrust Life Insurance Company is a national carrier of competitive, client-friendly annuity products sold through a variety of distribution channels, including more than 20,000 independent agents and independent marketing organizations (IMOs). Since 2003, we have provided exceptional customer service to our clients by operating with integrity and passion. Our efforts are supported by a dedicated workforce who execute their responsibilities through teamwork and an entrepreneurial spirit. EquiTrust sells products nationwide and is headquartered in Chicago, Illinois, with operations in West Des Moines, Iowa.

How You’ll Contribute:                                                                                                                                                                          As an Actuary, you will lead the modeling and valuation function within Corporate Actuarial, overseeing actuarial professionals and driving the development, governance, and enhancement of actuarial models and reporting processes. You will play a critical leadership role in monthly, quarterly, and annual valuation and financial reporting for life and annuity blocks of business. This role partners closely with Investments, Finance, Accounting, Risk, senior leadership, auditors, and regulatory stakeholders to ensure accurate, timely, and compliant financial reporting. We are seeking a collaborative and strategic actuarial leader who brings strong technical expertise, sound judgment, and a passion for continuous improvement.

What You’ll Do:

• Lead and develop a team of actuarial professionals, including performance management, coaching, and workflow oversight

• Oversee monthly, quarterly, and annual valuation and financial reporting, including Statutory and Tax reserves

• Drive Cash Flow Testing, ALM risk duration analysis, and related financial modeling

• Lead the continued enhancement and governance of actuarial models, including migration to and optimization of ALFA-based platforms

• Establish and maintain strong model development controls, validation processes, and testing standards (unit through user acceptance testing)

• Automate processes and enhance analytics to improve efficiency, transparency, and accuracy

• Oversee integration of new products into corporate in-force models

• Analyze and explain reserve movements and financial results to leadership and governance committees

• Partner with Investments and cross-functional stakeholders to support asset-liability management strategies

• Support internal and external audits and regulatory reviews

• Foster a positive, inclusive team environment aligned with EquiTrust’s core values

What You’ll Bring:

Education:

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Data Analytics, or related field

Experience:

• Minimum 7 years of actuarial experience

• At least 5 years of experience with life insurance and fixed indexed annuity products

• Experience leading actuarial modeling and valuation processes

• Supervisory or leadership experience preferred

• FSA required 

Knowledge, Skills, and Abilities:

• Advanced actuarial and quantitative modeling expertise

• Experience with actuarial systems such as ALFA and ARCVAL

• Understanding of statutory and tax reserving, cash flow testing, and ALM principles

• Programming or scripting experience (e.g., VBA, SQL, Python) preferred

• Strong analytical, problem-solving, and decision-making capabilities

• Excellent written and verbal communication skills, with the ability to present complex concepts clearly

• Ability to build strong partnerships across departments

• Highly organized with the ability to manage multiple priorities in a dynamic environment

• Commitment to ethical standards, accountability, and collaborative teamwork

Physical Requirements:

• Primarily seated work with continuous use of hands for fine manipulation (computer work)

• Frequent sitting; occasional standing, walking, bending, and reaching

• Ability to lift up to 20 pounds occasionally

• Ability to communicate effectively (talk/hear) and maintain sustained visual focus

• Moderate stress levels consistent with leadership responsibilities

Where You’ll Work:

• Location: West Des Moines, Iowa
• Work Arrangements: Mostly On-Site
• Travel Requirements: Infrequent travel (less than 5%)

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

• 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

EquiTrust 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 EquiTrust 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.