What are the responsibilities and job description for the Managing Actuary, Transformation & Analytics position at American Equity?
At American Equity Investment Life Holding Company ® we offer leading annuity products that help empower our clients to fulfill their needs and wants in retirement. Our success comes from hiring high-energy individuals who embody the beliefs that drive our unique culture. 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 in Charlotte, NC and New York, NY.
General Purpose Of The Job
The Managing Actuary, Transformation & Analytics is responsible for assessing gaps in current controls, processes, and analytics within all corporate actuarial functions, and leading the design and execution of the transformation. As a senior leader of the Corporate Actuarial Team, this role will ensure that we strengthen our capabilities, enhance efficiency, and build a scalable framework to meet increasing business demands.
**This position is based in West Des Moines, IA and will work a hybrid, onsite schedule**
Essential Duties And Responsibilities
Direct Reports:
Approximately 2 to 3 actuaries, actuarial associates and analysts
General Description Of Indirect Reports (2 And 3-downs)
None
Education And/Or Experience
For more information about how your information is processed, please click on the Privacy tab at the bottom of the page and then click on the Applicant Privacy Policy.
General Purpose Of The Job
The Managing Actuary, Transformation & Analytics is responsible for assessing gaps in current controls, processes, and analytics within all corporate actuarial functions, and leading the design and execution of the transformation. As a senior leader of the Corporate Actuarial Team, this role will ensure that we strengthen our capabilities, enhance efficiency, and build a scalable framework to meet increasing business demands.
**This position is based in West Des Moines, IA and will work a hybrid, onsite schedule**
Essential Duties And Responsibilities
- Conducts comprehensive review to identify gaps in current actuarial controls, processes, and analytics.
- Recommends and implements targeted enhancements that align with best practices and regulatory standards, in close collaboration with model and process owners.
- Automates and streamlines actuarial processes and tools to improve efficiency, accuracy, and consistency.
- Reduces manual efforts and enhances the overall quality of modeling and reporting outputs.
- Develops robust data analytics capabilities to support strategic decision-making.
- Collaborates closely with BAU teams to ensure seamless integration and alignment.
- Designs scalable processes that can handle increasing complexity and volume, accommodating growth in data, regulatory requirements, and stakeholder needs.
- Ensures the team’s infrastructure is flexible and equipped to meet evolving demands from internal and external customers.
- Builds and leads an agile, high-performing team dedicated to actuarial transformation and analytics.
- Fosters a culture of continuous improvement, innovation, and adaptability.
- Retains key talents through continuous feedback and performance management, reward and recognition, corrective action and employee development
- Serves as a voting member on both the Model Steering Committee and Assumption Approval Group
Direct Reports:
Approximately 2 to 3 actuaries, actuarial associates and analysts
General Description Of Indirect Reports (2 And 3-downs)
None
Education And/Or Experience
- Bachelor’s degree in actuarial science, or related field of study; plus at least fifteen (15) years of progressively responsible related actuarial experience; or equivalent combination of education and/or experience.
- At least 8 years of post-FSA experience in an actuarial leadership role is required.
- At least 8 years of post-FSA experience in financial reporting, valuation, modeling, or risk management is required.
- Prior experience utilizing MG-ALFA actuarial software is preferred. Will consider more years of experience in an alternative actuarial software.
- FSA, MAAA required.
- CFA preferred.
- Entrepreneurial with deep expertise and experience in annuity (re)insurance markets and exceptional ability to execute.
- Exceptional analytical and critical thinking skills with a commercial and creative problem-solving mindset.
- Exceptional communication skills with the ability to translate complex technical concepts/findings to actionable insights.
- Exceptional ability to excel in a fast-paced work environment especially under tight timelines and ambiguity.
- Passion for driving changes and strong ability to influence others supported by factual data and analytics
- Expert knowledge of US GAAP and Statutory reporting in the United States.
- Expert knowledge of financial reporting requirements outside the United States and accustomed to modeling fixed indexed annuities under various jurisdictions.
- Strong knowledge of all laws, rules and regulations related to actuarial valuation in the annuities industry.
- Mastery of actuarial valuation best practices, procedures and processes.
- Exceptional knowledge and aptitude with actuarial software.
- Exceptional statistical, mathematical, and hands-on programming skills.
- Strong ability to read, analyze, and interpret technical journals, financial reports, and legal documents from regulatory agencies, and other members of the business community.
- Exceptional ability to effectively present technical information to top management, public groups, and/or boards of directors.
- Exceptional ability to comprehend and apply principles of advanced technical concepts and theory.
- Exceptional ability to apply principles of logical thinking to a wide range of intellectual and practical problems.
- Exceptional ability to define problems, collect data, establish facts and draw valid conclusions.
- Exceptional ability to work collaboratively and successfully with employees, customers, reinsurers, vendors and other outside third parties.
For more information about how your information is processed, please click on the Privacy tab at the bottom of the page and then click on the Applicant Privacy Policy.