Actuary jobs in Iowa

Actuary conducts analysis, pricing and risk assessment to estimate financial outcomes. Applies knowledge of mathematics, probability, statistics, principles of finance and business to calculations in life, health, social, and casualty insurance, annuities, and pensions. Being an Actuary develops probability tables regarding fire, natural disasters, death, unemployment, etc. based on analysis of statistical data and other pertinent information. Typically requires a bachelor's degree. Additionally, Actuary typically reports to a supervisor or manager. The Actuary works on projects/matters of limited complexity in a support role. Work is closely managed. To be an Actuary typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Actuary
  • Transamerica
  • Rapids, IA FULL_TIME
  • Job Family

    Actuarial

    About Us

    At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by leveraging the talents of a diverse workforce.

    We embrace an environment where employees enjoy a balance between their careers, families, communities, and personal interests.

    Ultimately, we appreciate the uniqueness of a company where talented professionals work collaboratively in a positive environment one focused on helping people look forward and plan for the best life possible while providing tools and solutions that make it easier to get there.

    Transamerica is a part of Aegon, an integrated, diversified, international financial services group. The Aegon companies employ over 21,500 people and have approximately 31.

    7 million customers.* For more information, visit.

    Who We Are

    Transamerica has been making financial services available to the many, not just the few, for more than 100 years. We’re a leading provider of life insurance, retirement, and investment solutions, serving millions of customers throughout the United States.

    Transamerica’s dedicated professionals focus on helping people live their best lives through saving, investing, and protecting their loved ones.

    Transamerica is dedicated to building America’s leading middle market life insurance and retirement company, providing a broad range of quality individual life insurance policies, workplace supplemental insurance benefits, workplace retirement plans, individual retirement accounts, and investment products, including mutual funds, annuities, stable value solutions, as well as investment management services.

    What We Do

    Transamerica is organized by lines of business (Life Insurance, Annuities, Mutual Funds, Retirement Plans, and Employee Benefits), which are supported by Transamerica Corporate (Corporate Development;

    Finance; Internal Audit; Legislative, Regulatory & Policy; Office of the CEO; People and Places; Brand; Corporate Affairs; Risk; and Technology).

    Job Description Summary

    The Staff Actuary, UL Model Development will directs and provide leadership in the calculating and presenting of financial reporting of insurance products.

    This personal will oversee a small team within the life valuation actuarial department.

    Job Description

    Responsibilities

    • Lead the model maintenance for the LA UL and Consolidated UL models, including developing, testing, and documenting the changes, making the changes in the model and performing the necessary controls, and interpreting and communicating results.
    • Performs actuarial modeling and analyses to assist in the valuation of the LAUL block, including preparing and analyzing quarterly and annual results and assisting in earnings presentations with management.
    • Provides reports and analyses to management on persistency and mortality experience for various product lines, reserve adequacy, risk management information, or various other similar items.
    • Modernize and maintain current documentation of the LAUL modeling processes, including quarter end, unlocking, and cash flow testing.
    • Continue to adapt to the new accounting regime (IFRS 17).
    • Assist as needed with financial analysis related to the LAUL product line.
    • Maintains thorough documentation of actuarial research and analyses.
    • May represent the company on industry and professional committees and / or with regulators.

    Qualifications

    Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 5 years of relevant experience.

    In lieu of Bachelor's, will accept Master's in a listed discipline and 3 years of relevant experience.

    • ASA or equivalent professional designation.
    • Demonstrates high quality judgment, organization and prioritization skills.
    • Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences.
    • Works well under pressure and within time constraints to effectively accomplish individual and team objectives.
    • Advanced computer skills.

    Preferred Qualifications

    • Experience using GGY Axis and MoSes.
    • Programming skills including SQL, VBA, and Alteryx.
    • Strong communication skills, both verbal and written.

    Working Conditions

    Normal office environment.

    Please note that the compensation information that follows is a good faith estimate for this position only and is provided pursuant to applicable pay transparency and compensation posting laws.

    It is estimated based on what a successful candidate might be paid in certain Company locations.

    The Salary for this position generally ranges between $95,000 - $125,000. This range is an estimate, based on potential qualifications and operational needs.

    Salary may vary above and below the stated amounts, as permitted by applicable law.

    Additionally, this position is typically eligible for an Annual Bonus based on the Company Bonus Plan / Individual Performance and is at the Company’s discretion.

    Our commitment to inclusion & diversity means that we value differences. We encourage the unique perspectives of individuals and are dedicated to creating a respectful and inclusive work environment. #LI-remote #IND123

    What We Offer

    For eligible employees, we offer a comprehensive benefits package designed to support both the personal and financial well-being of our employees.

    Compensation Benefits

    Competitive Pay

    Bonus for Eligible Employees

    Benefits Package

    Pension Plan

    401k Match

    Employee Stock Purchase Plan

    Tuition Reimbursement

    Disability Insurance

    Medical Insurance

    Dental Insurance

    Vision Insurance

    Employee Discounts

    Career Training & Development Opportunities

    Health and Work / Life Balance Benefits

    Paid Time Off starting at 160 hours annually for employees in their first year of service.

    Ten (10) paid holidays per year (typically mirroring the New York Stock Exchange (NYSE) holidays).

    Be Well Company holistic wellness program, which includes Wellness Coaching and Reward Dollars

    Parental Leave fifteen (15) days of paid parental leave per calendar year to eligible employees with at least one year of service at the time of birth, placement of an adopted child, or placement of a foster care child.

    Adoption Assistance

    Employee Assistance Program

    College Coach Program

    Back-Up Care Program

    PTO for Volunteer Hours

    Employee Matching Gifts Program

    Employee Resource Groups

    Inclusion and Diversity Programs

    Employee Recognition Program

    Referral Bonus Programs

    Peer Recognition Program (BRAVO)

    As of December 31, 2022

    Inclusion & Diversity

    We believe our commitment to diversity and inclusion creates a work environment filled with exceptional individuals. We’re thrilled to have been recognized for our efforts throughthe Human Rights Campaign Corporate Equality Index, Dave Thomas Adoption Friendly Advocate, and several Seramount lists, including theInclusion Index, 100 Best Companies for Working Parents, Best Companies for Dads, and Top 75 Companies for Executive Women.

    To foster a culture of inclusivity throughout our workforce, workplace, and marketplace, Transamerica offers a wide range of diversity and inclusion programs.

    This includes our company-sponsored, employee-driven Employee Resource Groups (ERGs), which are formed around a shared interest or a common characteristic of diversity.

    ERGs are open to all employees.Theyprovide a supportive environment to help us better appreciate our similarities and differences and understand how they benefit us all.

    Giving Back

    Webelieve our responsibilities extend beyond our corporate walls. That's why we created the Aegon Transamerica Foundation in 1994.

    Through a mixof financial grants and the volunteer efforts of our employees, the foundation supports nonprofit organizations focused on the things that matter most to our people in the communities where we live and work.

    Transamerica’s Parent Company

    acquired the Transamerica business in 1999. Since its start in 1844, Aegon has grown into an international company serving more than 29.

    5 million people across the globe. It offers investment, protection, and retirement solutions, always with a clear purpose : Helping people live their best lives.

    As a leading global investor and employer, the company seeks to have a positive impact by addressing critical environmental and societal issues, with a focus on climate change and inclusion and diversity.

    Last updated : 2024-02-24

  • 1 Month Ago

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Associate actuary
  • Elevance Health
  • Des Moines, IA FULL_TIME
  • WARNING : Please beware of phishing scams that solicit interviews or promote work-at-home opportunities, some of which may pose as legitimate companies. Elevance Health requires a completed online app...
  • 18 Days Ago

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Associate actuary
  • DW Simpson
  • Des Moines, IA FULL_TIME
  • The ideal candidate would have their ASA designation, 2 years of actuarial experience, and familiarity with modeling software GGY AXIS. Knowledge of reporting & modeling for Statutory Valuation, GAAP ...
  • 1 Month Ago

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Associate actuary
  • Transamerica
  • Rapids, IA FULL_TIME
  • Job Family Actuarial About Us At Transamerica, hard work, innovative thinking, and personal accountability are qualities we honor and reward. We understand the potential unleashed by leveraging the ta...
  • 1 Month Ago

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Associate Actuary
  • Highmark Health
  • IA, IA FULL_TIME
  • Description JOB SUMMARY This job is a senior level actuarial analyst position that initiates and leads the development of actuarial studies and analyses, making appropriate recommendations to actuaria...
  • 1 Month Ago

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Modeling Actuary
  • Selby Jennings
  • Iowa, IA FULL_TIME
  • We have a current opportunity for a Actuarial Modeling Specialist on a permanent basis. For further information about this position please apply. A reputable consulting firm is looking to add an exper...
  • 1 Month Ago

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Actuarial Manager
  • Genworth
  • Raleigh, NC
  • At Enact Mortgage Insurance (Nasdaq: ACT), we understand that there’s no place like home. That’s why we bring our deep e...
  • 3/29/2024 12:00:00 AM

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Intern - Actuarial
  • Sanford Health
  • Sioux Falls, SD
  • Create Your Career With Us! Sanford Health is one of the largest and fastest-growing not-for-profit health systems in th...
  • 3/29/2024 12:00:00 AM

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Actuary
  • Amtex Systems Inc.
  • Atlanta, GA
  • Role – Actuary – 3 Roles Location – ON site preferred, open to remote. Length 9 months Scope: Coordinates, prepares, and...
  • 3/28/2024 12:00:00 AM

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Actuary
  • USAA
  • Colorado Springs, CO
  • Why USAA? Why USAA? Lets do something that really matters. At USAA, we have an important mission: facilitating the finan...
  • 3/28/2024 12:00:00 AM

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Actuary
  • Vaco
  • San Antonio, TX
  • Vaco has an invaluable opportunity for individuals with a passion for data science and interest in the insurance industr...
  • 3/27/2024 12:00:00 AM

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ACTUARY
  • PRI Technology
  • Whitehouse Station, NJ
  • Job Description Job Description ACTUARY My name is Bill Stevens and I have a new twelve month plus Actuary opportunity a...
  • 3/26/2024 12:00:00 AM

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Actuary
  • USAA
  • Phoenix, AZ
  • Why USAA? Why USAA? Lets do something that really matters. At USAA, we have an important mission: facilitating the finan...
  • 3/26/2024 12:00:00 AM

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Actuary
  • USAA
  • San Antonio, TX
  • Why USAA? Why USAA? Lets do something that really matters. At USAA, we have an important mission: facilitating the finan...
  • 3/25/2024 12:00:00 AM

Iowa (/ˈaɪəwə/ (listen)) is a state in the Midwestern United States, bordered by the Mississippi River to the east and the Missouri River and Big Sioux River to the west. It is bordered by six states; Wisconsin to the northeast, Illinois to the east, Missouri to the south, Nebraska to the west, South Dakota to the northwest and Minnesota to the north. In colonial times, Iowa was a part of French Louisiana and Spanish Louisiana; its state flag is patterned after the flag of France. After the Louisiana Purchase, people laid the foundation for an agriculture-based economy in the heart of the Corn...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Actuary jobs
$68,507 to $87,398

Actuary in Philadelphia, PA
An actuary can study the market, the risk it exposes their clients/firms to and try to strategize accordingly.
October 07, 2019
Actuary in Raleigh, NC
Reserving actuary does this by studying patterns from the past or expert opinion.
December 05, 2019
Actuary in Vincennes, IN
It provides a useful starting point for those considering a career as an actuary.
December 12, 2019