Senior Actuary, Inforce Management

At American Equity Investment Life Holding Company, we think of ourselves as The Financial Dignity Company. Our policyholders work with independent agents, banks and broker-dealers through our wholly-owned operating subsidiaries, to choose one of our leading annuity products best suited for their personal needs to create financial dignity in retirement. We remain steadfast in our commitment to quality products, excellent customer service, integrity, safety and delivering on our promises to our policyholders. Our success comes from hiring people who embody the beliefs that drive our unique, energetic, fast-paced and caring culture of collaboration, ownership and innovation.

We currently fund over half a million retirements nationwide, and have been headquartered in West Des Moines, Iowa, for over twenty-five years, with satellite offices slated to open in early 2023 in Charlotte, NC, and New York, NY. We are a NYSE-listed company and maintain an "excellent" rating from AM Best. Our company has over $57 billion in assets, 26,000 active agents and over 800 employees.

The Senior Actuary, Inforce Management is responsible for rate setting for annuity products, managing initiatives related to inforce experience studies, and other profitability management processes. The incumbent in this role will exercise considerable discretion and judgment working under minimal guidance.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Leads a team to support the analysis and recommendations on inforce rate adjustments to senior managers.
• Provides monthly summaries of the rate analysis including recommended changes to rates.
• Works closely with other departments to move approved rates into production.
• Conducts product pricing sensitivity testing in MG-ALFA.
• Coordinates and analyzes experience studies to support pricing and inforce management.
• Conducts product pricing sensitivity testing in MG-ALFA.
• Interprets testing results and summarizes findings.
• Builds cross-functional relationships with other business units throughout the organization.
• Assists with various product modeling and rated projects.
• Trains and mentors actuarial associates, analysts and interns.
• Performs other related work as assigned.

SUPERVISORY RESPONSIBILITIES:

Direct Reports: Small team of actuarial associates and/or analysts

General Description of Indirect Reports (2 and 3-downs): 0

EDUCATION AND/OR EXPERIENCE:

• Bachelor's degree in actuarial science, finance, mathematics, statistics or other related field of study; or related field of study; plus six (10) years of progressively responsible actuarial/financial analysis or related experience; or equivalent combination of education and/or experience is required.
• Fixed Indexed Annuity product experience.
• Experience with MG-ALFA, MS Excel / Word / PowerPoint.
• Familiarity with data analytics tools (R, Python, Tableau) a plus.

CERTIFICATES, LICENSES, PROFESSIONAL DESIGNATIONS:

• ASA or FSA

KNOWLEDGE, SKILLS AND ABILITIES:

• Deep understanding of actuarial science and the ability to apply this knowledge is critical.
• Self-motivated and result-focused.
• Strong customer service orientation.
• Effective verbal and written communication skills with ability to effectively present information and respond to questions.
• Strong systems aptitude.
• Advanced mathematical skills and strong attention to detail.
• Ability to work cooperatively and successfully with employees, customers, and other outside third parties.
• Strong organizational and planning skills.
• Proficient in the use of Microsoft Office applications with emphasis on Excel and Access.
• Ability to read, analyze, and interpret general business periodicals, professional journals and technical/operational procedures.
• Strong analytical and problem-solving skills with ability to define problems, collect data, establish facts, and draw valid conclusions on practical problems that deal with a variety of concrete variables in situations where only limited standardization exists.
• Ability to successfully handle pressure and meet deadlines in a fast-paced work environment.
• Ability and willingness to adjust to changing priorities in a fast paced working environment.
• Minimal to no travel is required in this position.