Actuarial Process Manager

Ameritas • Cincinnati, OH

29d • Hybrid

About The Position

We are seeking a highly motivated and business-savvy Actuarial Process Manager
to join our Corporate Actuarial Team. This is a critical business-side role, not
an IT position. The successful candidate will be the central figure in managing
and optimizing the complex processes that underpin our recurring actuarial
financial reporting.

Your primary mission will be to own our periodic "run book" processes, driving
continuous improvement to ensure they are executed with maximum efficiency and
accuracy. Concurrently, you will be a key change agent, helping to lead the
adoption of a modern, agile-like framework for department project execution and
product development. You will act as the crucial liaison between our corporate
actuarial and IT teams, translating complex business needs into actionable plans
and driving for tangible results.

Requirements

• Bachelor's degree or equivalent experience required, with a focus on Actuarial Science, Mathematics, Information Technology, Insurance, or a related field.
• 4-7+ years of experience in a role such as Product Owner, Product Manager, Business Analyst, or a similar process-oriented business role within a large, complex organization.
• Proven business acumen with a deep understanding of core business processes, preferably within the financial services or insurance industry.
• Exceptional analytical and problem-solving skills with a talent for identifying the root cause of issues and designing effective solutions.
• Outstanding communication, presentation, and interpersonal skills, with the ability to articulate complex concepts to both technical and non-technical audiences.
• Demonstrated experience managing competing priorities and driving projects to successful completion in a fast-paced environment.
• Working knowledge of agile principles and iterative development frameworks (e.g., Scrum, Kanban).

Nice To Haves

• Strong familiarity with insurance products life cycle management, particularly Life, Annuity, and/or Disability Income insurance.
• Direct experience with financial reporting, month/quarter-end close processes, and actuarial modeling functions in areas like pricing or valuation.
• Solid understanding of and experience working with financial controls.
• A significant advantage would be proficiency in BI tools like PowerBI and a working knowledge of SQL for data exploration and validation.
• Formal certification as a Product Owner (e.g., CSPO, PSPO) or Project Management Institute (PMI) is a strong plus.
• Experience with project management and collaboration tools such as Jira, Azure DevOps, SharePoint, or Microsoft Project.

Responsibilities

• Run Book Process Ownership:
• Take full ownership of the end-to-end recurring actuarial run book and financial reporting execution processes.
• Continuously analyze existing workflows to identify bottlenecks, risks, and opportunities for automation and improvement.
• Collaborate with Actuarial, Operations, and IT stakeholders to implement process enhancements that improve speed, accuracy, and auditability.
• Develop and maintain clear documentation, controls, and metrics for all reporting-cycle activities.
• Product Vision & Backlog Management:
• Define and communicate the product vision and roadmap for our core actuarial modeling and reporting systems.
• Manage and prioritize the department’s product backlog for technology enhancements, bug fixes, and new features, ensuring work aligns with strategic business objectives.
• Support the translation of the modeling and data needs for 10 major product lines (Life, Annuity, RP, Disability Income) into clear, concise user stories and acceptance criteria for the IT development team.
• Stakeholder Collaboration & Leadership:
• Serve as the primary point of contact between the department and IT partners, fostering a collaborative and results-oriented environment.
• Facilitate planning sessions, retrospectives, and stakeholder workshops to ensure alignment and clear communication.
• Effectively communicate department product strategy, priorities, progress, and risks to stakeholders at all levels of the organization.
• Agile Framework Adoption & Execution:
• Champion and drive the team's adoption of the company’s modern, agile-like delivery framework.
• Promote a culture of iterative progress, continuous feedback, and accountability.
• Work with Scrum Masters and development leads to ensure the team is focused, productive, and successfully delivering value each cycle.

Benefits

• 401(k) Retirement Plan with company match and quarterly contribution.
• Tuition Reimbursement and Assistance.
• Incentive Program Bonuses.
• Competitive Pay.
• Flexible Hybrid work.
• Thrive Days - Personal time off.
• Paid time off (PTO).
• Health Benefits: Medical, Dental, Vision.
• Health Savings Account (HSA) with employer contribution.
• Well-being programs with financial rewards.
• Employee assistance program (EAP).
• Professional development programs.
• Leadership development programs.
• Employee resource groups.
• StrengthsFinder Program.
• Matching donations program.
• Paid volunteer time– 8 hours per month.
• Generous paid maternity leave and paternity leave.
• Fertility, surrogacy, and adoption assistance.
• Backup child, elder and pet care support.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level