Senior Actuary, Inforce Management – Life – 9805

Senior Actuary, Inforce Management - Life - 9805

Published: March 20, 2023
Des Moines, IA
Job Type
Job ID
Yrs Exp(min)
Salary (Mid)
20% STIP, 15% LTIP
Mark Nicklas
Recruiter Phone Number


Insurance company in the Midwest has a need for a Senior Actuary, Inforce Management. The incumbent 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. This role will oversee a small team of actuarial associates and/or analysts.


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.

6-10+ years of progressively responsible actuarial/financial analysis or related experience
Fixed Indexed Annuity product experience.
Experience with MG-ALFA, MS Excel / Word / PowerPoint.
Familiarity with data analytics tools (R, Python, Tableau) a plus.
Effective verbal and written communication skills with ability to effectively present information and respond to questions.
Ability to work cooperatively and successfully with employees, customers, and other outside third parties.
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.

To apply please email: Mark Nicklas | 630-519-5053
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