Actuary, PBR

Posting Title: Actuary, PBR
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 and develop a high-performing actuarial modeling and valuation team responsible for Principle-Based Reserve (PBR) valuations and financial reporting across life and annuity products. You will partner closely with Actuarial, Finance, Investments, Accounting, and senior leadership to ensure accurate, timely, and compliant results while driving process improvement, automation, and strong governance.

What You’ll Do:

• 
  

  Lead monthly, quarterly, and annual PBR valuation and reporting for life and annuity blocks, including statutory and tax reserves, ALM risk duration, and cash flow testing

  
  


• 
  

  Manage, coach, and develop actuarial professionals, including performance management, work allocation, and talent development

  
  


• 
  

  Oversee actuarial model development, validation, governance, and controlled production processes

  
  


• 
  

  Lead the conversion and enhancement of actuarial systems into a unified ALFA-based modeling platform

  
  


• 
  

  Improve automation, analytics, testing, and internal controls to support accuracy, efficiency, and regulatory compliance

  
  


• 
  

  Integrate new products into corporate in-force models and assess emerging modeling techniques

  
  


• 
  

  Partner with Investments, Finance, Accounting, auditors, regulators, and internal stakeholders

  
  


• 
  

  Communicate results, assumptions, and insights to leadership and governance committees

  
  


• 
  

  Foster a positive, inclusive, and collaborative work environment aligned with EquiTrust’s core values

  
  

What You’ll Bring:

Education:

• 
  

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

  
  

Experience:

• FSA or ASA designation required 


• 
  

  Minimum 7 years of actuarial experience

  
  


• 
  

  At least 5 years supporting life and/or fixed indexed annuity products

  
  


• 
  

  Experience leading or mentoring actuarial staff

  
  

Knowledge, Skills, and Abilities:

• 
  

  Advanced actuarial and quantitative modeling expertise

  
  


• 
  

  Working knowledge of ALFA and ARCVAL actuarial systems

  
  


• 
  

  Proficiency with Microsoft Excel and Access

  
  


• 
  

  Exposure to VBA, SQL, Python, or similar programming tools

  
  


• 
  

  Strong understanding of fixed indexed annuity and indexed universal life products

  
  


• 
  

  Excellent analytical, problem-solving, communication, and organizational skills

  
  


• 
  

  Ability to manage multiple priorities and work both independently and collaboratively

  
  

Physical Requirements:

• 
  

  Primarily sedentary work with extended periods of sitting

  
  


• 
  

  Frequent use of computers and standard office equipment

  
  


• 
  

  Occasional lifting of up to 20 lbs

  
  


• 
  

  Ability to communicate effectively and review detailed analytical information

  
  

Where You’ll Work:

• Location: West Des Moines, Iowa


• Work Arrangements: Mostly On-Site


• Travel Requirements: Occasional travel (approximately 5-10% of the time)

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