Senior Actuarial Associate, Product

Posting Title: Senior Actuarial Associate, ProductLocation: West Des Moines, Iowa (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 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 a Senior Actuarial Associate, you will play a key role in developing and maintaining actuarial experience studies that inform pricing, cash flow testing, capital modeling, and broader business decisions. You will analyze policyholder behavior, expenses, and capital assumptions, collaborate closely with Product, Risk, IT, and senior leadership, and help ensure actuarial insights are clearly communicated and effectively applied. This role is well suited for an experienced actuarial professional who enjoys combining technical analysis, data visualization, and cross-functional collaboration.

What You’ll Do:

• Develop and maintain actuarial experience studies, including policyholder behavior, expense, and capital assumptions

• Recommend assumptions annually for pricing, cash flow testing, and corporate modeling

• Perform ongoing actual-to-expected analysis and monitor emerging trends, reporting insights to governance committees

• Use Power BI and other analytical tools to design and maintain experience study dashboards and reporting

• Serve as a key data liaison with IT, supporting actuarial data needs, the liability data warehouse, and in-force policy extracts

• Complete and support industry experience surveys (e.g., Ruark study)

• Oversee reinsurance administration activities, including review and approval of treaty settlements

• Partner with Product Management, Risk, and other stakeholders to support strategic initiatives

• Contribute to a collaborative, inclusive, and continuous-improvement culture

What You’ll Bring:

Education:

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

Experience:

• 3+ years of actuarial experience

• Experience with annuity and life insurance products

• Prior experience coaching or mentoring others preferred

• Minimum of 5 actuarial exams completed required

• Continued progress toward actuarial credentials encouraged and supported

Knowledge, Skills, and Abilities:

• Strong analytical, mathematical, and problem-solving skills with attention to detail

• Experience conducting actuarial experience studies and assumption analysis

• Proficiency with Microsoft Office and ability to work across multiple systems

• Experience with Power BI or other data visualization/analytics tools preferred

• Strong written and verbal communication skills, including presenting results to non-technical audiences

• Ability to manage multiple priorities, meet deadlines, and adapt to change

• Collaborative mindset with a commitment to professionalism, integrity, and inclusion

Physical Requirements:

• Primarily sedentary work involving extended computer use

• Ability to communicate effectively in meetings and presentations

• Occasional lifting of light materials (up to 20 lbs.)

Where You’ll Work:

• Location: West Des Moines, Iowa
• Work Arrangements: Mostly Off-Site
• Travel Requirements: Not required 

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. 

#LI-SD01

#LI–HYBRID