Actuary / Financial Director

Principal Financial Group•Des Moines, IA

3d•Hybrid

About The Position

We’re looking for an Actuary or Financial Director to lead our Enterprise Model team. The Enterprise Model Team Leader is responsible for end-to-end ownership of production processes in ALFA and Integrate. They represent stakeholders of the Enterprise Model and ensure that the team delivers value to the internal customer. Value is delivered through the development and management of efficient and controlled actuarial processes, automation of modeling processes where possible, and high-quality reporting/analytics. The role provides strategic guidance to the Enterprise Model Team by turning objectives into deliverables, prioritizing work aligned with maximum business value, and developing/coaching team members to best meet the current and future needs of the team.

Requirements

Bachelor’s or master's degree in Actuarial Science or related field, plus 8+ years of actuarial work experience required
Strong analytical and effective communication and presentation skills
Knowledge of MG-ALFA/Integrate, including Integrate Data Management and Integrate Financial Projections, or other actuarial modeling platform
Knowledge of Individual Life Insurance and/or Annuities
Knowledge of spreadsheets, technical skills, or the ability to learn, is preferred
Ability to direct the work of others and assist in their education and development
A Fellow of the Society of Actuaries, or global equivalent, or Enrolled Actuary
Knowledge of pertinent laws, regulations, the Actuarial Standards of Practice promulgated by the Actuarial Standards Board, and the Code of Professional Conduct of the AAA and the SoA is required

Nice To Haves

Knowledge of spreadsheets, technical skills, or the ability to learn, is preferred

Responsibilities

Develop and deliver a customer-centric vision for ALFA and Integrate
Influence across the organization to drive improved actuarial processes
Advocate and build support for enhancements to actuarial processes within Integrate to improve efficiency in both time and resources
Own prioritization decisions in partnership with technology and business leaders
Build productive relationships with internal customers to understand, appreciate, and empathize with their objectives and priorities
Effectively work as part of the broader Enterprise Model Team and collaborate with IT to deliver capabilities and the value alignment
Partner with actuarial leaders to ensure the modeling processes meet product needs
Define acceptance criteria for updates to the production model environment and exercise final authority to make go/no-go decisions
Accountable for the execution of model governance requirements for production actuarial models in Integrate
Manage and strengthen vendor relationships, including Milliman, to support effective use of ALFA/ Integrate and ensure vendor capabilities align with strategic business priorities.
Participate in project planning and creation of project objectives
Coach and develop team members, accounting for the specific requirements and responsibilities of individual roles.