VP Chief Actuary- Onsite Des Moines, Iowa
Wellabe•Des Moines, IA
•Onsite
About The Position
Wellabe is seeking a Vice President, Chief Actuary to join our team. The Vice President, Chief Actuary is the senior actuarial leader for the organization and is responsible for the overall actuarial strategy, governance, and delivery across modeling & forecasting, valuation, pricing, and product development/management. This leader ensures disciplined risk management practices, profitable growth, and strong regulatory/financial reporting outcomes across all lines of business. This role has direct influence over rate strategy and product decisions; actuarial recommendations are expected to be translated into action.
Requirements
- Deep expertise in actuarial principles, pricing, reserving, valuation, and risk management.
- Strong understanding of insurance regulatory environments and actuarial governance.
- Strategic mindset with the ability to translate actuarial insights into executive‑level decision support.
- Proven leadership, communication, and influence skills across technical and non‑technical audiences.
- Experience driving change, modernization, and cross‑functional collaboration.
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field required.
- 12+ years of progressive actuarial experience, including senior leadership responsibility for pricing, valuation, reserving, and regulatory engagement within the insurance industry.
Nice To Haves
- Fellowship designation (FSA or equivalent) strongly preferred.
Responsibilities
- Provide enterprise‑wide leadership and direction for actuarial strategy, policies, and practices across modeling & forecasting, pricing, valuation, reserving, product development/management, and risk management.
- Serve as the organization’s principal actuarial authority, ensuring adherence to actuarial standards of practice and regulatory requirements.
- Lead and develop actuarial leadership and teams, fostering a high‑performing, ethical, and collaborative culture.
- Oversee reserve adequacy, asset‑liability modeling, experience studies, and assumption governance to ensure financial strength and balance sheet integrity.
- Partner with Finance and Investments on capital management, asset adequacy testing, and long‑term financial planning.
- Provide actuarial insight for audits, examinations, and regulatory filings at the state and federal level.
- Oversee product development, pricing strategy, and ongoing profitability management across lines of business.
- Evaluate emerging risks, trends, and competitive dynamics to inform product strategy and pricing decisions.
- Ensure actuarial input supports sustainable growth, customer value, and risk‑appropriate returns.
- Act as a key partner to Compliance, Legal, and Regulatory Affairs to ensure actuarial practices meet or exceed regulatory expectations.
- Support regulatory examinations and interactions, including actuarial memorandums, rate filings, and financial disclosures.
- Provide actuarial expertise to executive leadership, the Board of Directors, and relevant committees as needed.
- Champion modernization of actuarial tools, models, data, and processes to improve efficiency, insight, and scalability.
- Leverage analytics, data, and emerging technologies to enhance actuarial decision‑making and enterprise reporting.
- Drive continuous improvement initiatives across actuarial operations and governance.
- Lead, mentor, and develop actuarial leaders and professionals at all levels.
- Oversee workforce planning, succession planning, and talent development within the actuarial function.
- Promote diversity, equity, inclusion, and professional growth consistent with organizational values.
Benefits
- Hybrid availability
- 401(k) with company match
- Health insurance
- Paid time off, holidays
- Volunteer time off
- Lifestyle Spending Account (LSA)
- Paternity leave
- 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
Executive
