AVP & Actuary

Principal Financial Group • Des Moines, IA

33d • Hybrid

About The Position

We’re looking for an AVP & Actuary to join our Benefits & Protection Financial Reporting team. In this role, you’ll lead and oversee key financial processes to obtain strategic growth and expected profitability for the Benefits & Protection Specialty Benefits segment. Support principles of balanced scorecard philosophy by (1) meeting financial goals (financial perspective); (2) ensuring highest quality customer service is provided (customer perspective); (3) focusing on internal process improvements (internal perspective); and (4) maximizing utilization of human capital (learning and growth perspective).
Support B&P Specialty Benefits Strategic Imperatives
Part of Worksite Benefits Leadership team driving strategic imperatives
Act as trusted and strategic advisor to Worksite Benefits segment
Drive financial outcomes and KPI measures of success
Influence and advocate for investments that drive value and future growth
Oversee Core CFO Financial Responsibilities for Specialty Benefits
Financial Projections & Analysis
Reserve Valuation
Financial Reporting
Internal and External communication of results and drivers
Drive continuous process efficiencies and analytic improvement.
Enterprise partnership and mindset
Capital Management and Financial Modeling
Capital Management
ALM
Other financial modeling to support business
Enable high performing teams:
Lead Specialty Benefits Finance team – team of 19
Build bench strength
Develop talent and leaders
Operating at the intersection of financial services and technology, Principal builds financial tools that help our customers live better lives. We take pride in being a purpose-led firm, motivated by our mission to make financial security accessible to all. Our mission, integrity, and customer focus have made us a trusted leader for more than 140 years!

Requirements

• Bachelor's degree or equivalent, plus a minimum of 15 years related experience preferred
• Must have excellent organizational, analytical, problem solving, presentation, and oral and written communication skills
• Ability to apply generalist skills such as strategic and long range visionary thinking
• Strong background and knowledge in financial and budgetary matters

Nice To Haves

• Knowledge of group benefit products a plus
• Prefer designations such as Fellow of the Society of Actuaries (FSA) and Member of the American Academy of Actuaries (MAAA)

Responsibilities

• Support B&P Specialty Benefits Strategic Imperatives
• Part of Worksite Benefits Leadership team driving strategic imperatives
• Act as trusted and strategic advisor to Worksite Benefits segment
• Drive financial outcomes and KPI measures of success
• Influence and advocate for investments that drive value and future growth
• Oversee Core CFO Financial Responsibilities for Specialty Benefits
• Financial Projections & Analysis
• Reserve Valuation
• Financial Reporting
• Internal and External communication of results and drivers
• Drive continuous process efficiencies and analytic improvement.
• Enterprise partnership and mindset
• Capital Management and Financial Modeling
• Capital Management
• ALM
• Other financial modeling to support business
• Enable high performing teams
• Lead Specialty Benefits Finance team – team of 19
• Build bench strength
• Develop talent and leaders

Benefits

• Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided.
• Pension Eligible

What This Job Offers

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