Innovation Analyst

Posted Yesterday
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West Des Moines, IA, USA
In-Office
Mid level
Insurance
The Role
Research emerging technologies, industry trends, competitors, and customer needs to identify innovation opportunities. Evaluate technology solutions and vendors, support pilots and proof-of-concepts, analyze initiative outcomes, and prepare recommendations for stakeholders. The role collaborates with business and technology teams, facilitates ideation workshops, coordinates innovation programs, and promotes experimentation and continuous improvement.
Summary Generated by Built In

Innovation Analyst, Information Technology (Innovation)

Location: West Des Moines, IA (Mostly Off-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 success is driven by a collaborative and inclusive workforce that values diverse perspectives, innovation, and continuous improvement. EquiTrust sells products nationwide and is headquartered in Chicago, Illinois, with operations in West Des Moines, Iowa. 

How You’ll Contribute: 

As an Innovation Analyst, you will help turn emerging ideas and technologies into meaningful opportunities that support EquiTrust's strategic priorities and business growth. You will collaborate with business and technology teams to research industry trends, evaluate innovative solutions, and support programs and pilot initiatives that improve operational efficiency and customer experiences. 

We are looking for a curious, analytical, and collaborative professional who enjoys exploring new ideas, solving business challenges, and helping bring innovation to life in a supportive, forward-thinking environment. 

What You’ll Do: 
  • Research emerging technologies, industry trends, and innovative business models within life insurance, financial services, and related industries.

  • Analyze market trends, competitive developments, and customer needs to identify opportunities for innovation and business improvement.

  • Evaluate emerging technology solutions, vendors, and potential partnerships that align with organizational priorities.

  • Support innovation programs, pilot projects, and proof-of-concept initiatives, including coordinating activities, tracking progress, and documenting outcomes.

  • Gather and analyze data to measure innovation initiatives, identify lessons learned, and support strategic decision-making.

  • Collaborate with business and technology teams to understand challenges and explore creative, technology-enabled solutions.

  • Facilitate and participate in brainstorming sessions, innovation workshops, and cross-functional ideation activities.

  • Assist with internal innovation events, engagement programs, and initiatives that encourage employee participation.

  • Prepare research summaries, reports, and presentations to communicate findings, recommendations, and innovation progress to stakeholders.

  • Promote a culture of curiosity, experimentation, continuous learning, and collaboration across the organization.

What You’ll Bring: 

Education: 

  • Bachelor's degree in Business, Technology, Information Systems, Data Analytics, or a related field, or equivalent relevant professional experience.

  • Certifications or coursework in data analytics, design thinking, artificial intelligence, change management, Agile, or product development preferred.

Experience: 

  • 2–4 years of experience in business analysis, technology, consulting, strategy, innovation, or a related field.

  • Experience conducting research, analyzing trends, or supporting business and technology initiatives.

  • Experience collaborating with cross-functional teams to evaluate opportunities and support projects or programs.

  • Experience within financial services, insurance, technology, consulting, or analytics is a plus.

Knowledge, Skills, and Abilities: 

  • Strong research, analytical, and problem-solving skills with the ability to interpret trends and synthesize information from multiple sources.

  • Curiosity and interest in emerging technologies, innovation methodologies, and digital transformation.

  • Ability to translate research findings and business insights into clear, actionable recommendations.

  • Strong written and verbal communication skills with the ability to present information effectively to diverse audiences.

  • Ability to collaborate across business and technology teams, build positive relationships, and contribute to shared goals.

  • Strong organizational skills, attention to detail, and ability to manage multiple priorities and deadlines.

  • Familiarity with innovation practices, experimentation, technology evaluation, or business process improvement is beneficial.

  • Adaptability, creativity, and a willingness to explore new ideas and approaches to solving business challenges.

  • Commitment to continuous learning, collaboration, and fostering an inclusive environment that values diverse perspectives.

Physical Requirements: 
  • Ability to work at a computer for extended periods, including frequent use of a keyboard and monitor.

  • Occasional standing, walking, bending, reaching, and lifting up to 20 pounds.

  • Ability to communicate effectively in a professional work environment.

Where You’ll Work: 
  • Location: West Des Moines, IA (Mostly Off-Site)

  • Travel: Occasional travel (5–10%)

EquiTrust is committed to fostering an inclusive workplace where employees feel respected, valued, and empowered to contribute their unique perspectives. We welcome applicants from all backgrounds and experiences and encourage candidates to apply even if they do not meet every preferred qualification listed. 

Skills Required

  • Bachelor's degree in Business, Technology, Information Systems, Data Analytics, or a related field, or equivalent relevant professional experience
  • 2-4 years of experience in business analysis, technology, consulting, strategy, innovation, or a related field
  • Experience conducting research, analyzing trends, or supporting business and technology initiatives
  • Experience collaborating with cross-functional teams to evaluate opportunities and support projects or programs
  • Strong research, analytical, and problem-solving skills
  • Ability to interpret trends and synthesize information from multiple sources
  • Ability to translate research findings and business insights into clear, actionable recommendations
  • Strong written and verbal communication skills
  • Ability to collaborate across business and technology teams
  • Strong organizational skills, attention to detail, and ability to manage multiple priorities and deadlines
  • Certifications or coursework in data analytics, design thinking, artificial intelligence, change management, Agile, or product development
  • Experience within financial services, insurance, technology, consulting, or analytics
  • Familiarity with innovation practices, experimentation, technology evaluation, or business process improvement
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The Company
HQ: Chicago, IL
263 Employees
Year Founded: 2003

What We Do

When searching for a company that demonstrates integrity, strength and innovation – one that can help you meet your financial objectives – look no further. We put you first! 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 (IMO’s). 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.

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