Actuary Analyst / Senior Actuary Analyst- Hybrid- Des Moines, Iowa
About The Position
Join Wellabe's actuarial team to support financial projections, liability valuation, pricing, and asset-liability management for wide range of senior market insurance products. This role offers opportunities to work on sophisticated modeling, regulatory reporting, and strategic analysis. Position level will be determined based on individuals' skill, knowledge, and experience as well as actuarial exam progress. At the Actuary Analyst level, you will assist with model development, data analysis, and projection tasks to support planning and regulatory reporting. At the Senior Actuary Analyst level, you will lead actuarial model development and maintenance, oversee complex statistical analysis, and provide guidance to junior team members while ensuring compliance with regulatory and governance standards.
Requirements
- Strong analytical and critical thinking skills.
- Ability to communicate complex topics clearly to technical and non-technical audiences.
- Proficiency in MS Office (Excel, Word, PowerPoint); exposure to SQL, VBA, or programming languages preferred.
- Experience with actuarial software (MG-ALFA preferred).
- Deep knowledge of insurance products, regulations, and actuarial standards.
- Advanced programming skills (SQL, VBA, R) and experience with actuarial projection software.
- Ability to lead projects and mentor team members.
- Bachelor's degree in actuarial science, mathematics, statistics, or related field; completion of internship or relevant experience preferred; two actuarial exams preferred.
- Bachelor's degree in actuarial science or related field; 2+ years actuarial experience; completion of at least 3 actuarial exams and progress toward ASA designation required.
Responsibilities
- Develop and maintain actuarial models for valuation, forecasting, pricing, and risk analysis.
- Support cash flow testing (CFT), sensitivity tests, and risk-based capital (RBC) projections.
- Prepare experience studies, actuarial analyses, and summary reports for management.
- Document methodologies, assumptions, and data sources.
- Ensure compliance with regulatory requirements and internal governance standards.
- Lead model governance and continuous process improvement initiatives.
- Prepare actuarial portions of financial statements and statutory exhibits.
- Explain results and make recommendations for management actions and product design.
- Provide technical guidance and mentorship to junior analysts.
Benefits
- Hybrid availability
- 401(k) with generous, full vested company match
- Health insurance
- Paid time off, holidays
- Volunteer time off
- Lifestyle Spending Account (LSA)
- Paternal leave
- Legal insurance
- EAP
- Travel accident insurance
- LinkedIn Learning Premium access
- CliftonStrengths assessment and coaching
- On-site and virtual workshops and cohorts featuring world-class content from FranklinCovey, Crucial Learning, Gallup, and more
- Free world-class insurance acumen courses through AHIP and LOMA
- Reimbursement and bonus opportunities for professional designations and certifications, including a tuition reimbursement program
- Opportunities to take part in Wellabe's mentorship programs
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Industry
Insurance Carriers and Related Activities
Number of Employees
251-500 employees
