Product Analyst

EquiTrust•West Des Moines, IA

2d•Hybrid

About The Position

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. As a Product Analyst, you will support product development, pricing, and product management activities for fixed annuities, indexed annuities, and life insurance products. You will collaborate closely with actuaries, analysts, IT partners, and other stakeholders to perform analysis, validate systems, and ensure product accuracy and competitiveness. This role is well suited for an analytical professional who enjoys problem-solving, working with data, and supporting product innovation in a regulated financial environment.

Requirements

Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Data Analytics, or a related field
1+ year of experience in an insurance-related field
Strong analytical, mathematical, and problem-solving skills with attention to detail
Proficiency with Microsoft Office and comfort working across multiple systems and tools
Ability to manage multiple priorities, meet deadlines, and adapt to changing requirements
Effective written and verbal communication skills
Strong interpersonal skills and a collaborative mindset
Commitment to professionalism, integrity, and continuous learning
Primarily sedentary work involving extended computer use
Ability to communicate effectively in meetings and discussions
Occasional lifting of light materials (up to 20 lbs.)

Nice To Haves

Prior actuarial or analytical experience preferred
Exposure to annuity and/or life insurance products a plus

Responsibilities

Perform system testing and quality control for new products, product enhancements, and system changes
Build, maintain, and enhance regression testing tools to support product accuracy
Validate calculations within illustration, administration, and print systems
Collect, analyze, and interpret data to support product development and pricing initiatives
Serve as a liaison between Actuarial and IT teams for system projects, data warehouse management, and issue resolution
Manage monthly and ad hoc interest rate updates for annuity and life insurance products
Track competitive product rates and features and maintain competitive analysis reports
Research and resolve issues using strong analytical and problem-solving skills
Support cross-functional teams and contribute to departmental and company-wide initiatives
Foster a collaborative, inclusive, and continuous-improvement–focused work environment