- Company Name
- American Equity
- Job Title
- Actuarial Associate I, Actuarial Student Program (ASP)
- Job Description
-
**Job Title**
Actuarial Associate I – Actuarial Student Program (ASP)
**Role Summary**
Entry‑level actuarial associate participating in a rotational program designed to develop broad expertise in pricing, reserving, modeling, and analytics. Focus on learning actuarial principles, supporting financial reporting, and contributing to data‑driven initiatives across the organization.
**Expectations**
- Complete prescribed Society of Actuaries (SOA) exams in a timely manner.
- Engage in 18‑24‑month rotations across functional areas (Product Development, Pricing, Reinsurance, In‑force Management, Valuation, Risk Management, Analytics, etc.).
- Acquire proficiency in actuarial and data‑science tools (SQL, Python, R, Tableau, MG‑ALFA).
- Demonstrate strong analytical, communication, and organizational skills.
**Key Responsibilities**
- Calculate and report US GAAP reserves (FAS 133, MRB, LFPB, DAC) and statutory/BEL reserves on a quarterly basis.
- Conduct annual asset‑adequacy and cash‑flow testing; produce required reports.
- Compile in‑force data, compare actual versus expected experience, and update actuarial assumptions.
- Maintain and troubleshoot existing actuarial models and tools.
- Participate in special projects: automation, model updates, and analytics tool development.
- Collaborate with IT to import in‑force data into actuarial environments.
- Develop and maintain validation spreadsheets and documentation.
- Support ongoing actuarial initiatives and business needs.
- Build relationships across business units and actuarial teams; receive mentorship from senior staff.
**Required Skills**
- Analytical and problem‑solving with high numerical accuracy.
- Self‑motivated, results‑oriented, and detail‑focused.
- Strong organizational, prioritization, and time‑management abilities.
- Excellent verbal and written communication.
- Team collaboration and stakeholder engagement.
- Ability to work under pressure and meet tight deadlines.
**Required Education & Certifications**
- Bachelor’s degree in actuarial science, mathematics, statistics, or related field (or equivalent education/experience).
- Minimum of two SOA exams completed.
- Commitment to advancing through the SOA exam process to attain ASA (Associate of the Society of Actuaries).
- Technical proficiency preferred: SQL, RStudio, Python, VBA.
West des moines, United states
Hybrid
13-09-2025