Life Actuarial Associate IV – Principles Based Reserving

Are you a results-oriented individual with strong problem-solving and analytical abilities? Do you enjoy working on multiple projects in a team-based environment? Are you looking for an opportunity to further develop your actuarial skills while growing your career? If so, this opportunity could be a great fit for you!

Who We Are: With Farm Bureau Financial Services, our client/members can feel confident knowing their family, home, cars, and other property are protected. We value a culture where integrity, teamwork, passion, service, leadership, and accountability are at the heart of every decision we make and every action we take. We’re proud of our more than 80-year commitment to protecting the livelihoods and futures of our client/members and creating an atmosphere where our employees thrive.

What You’ll Do: As a Life Actuarial Associate IV on our Risk Management team, you will assist in the calculation, analysis, and review of actuarial values to support the development and implementation of strategies for the life insurance company. You will be part of a team responsible for the production and analysis of projected financial results used to monitor and manage the company. This will entail calculating quarterly principles-based reserves per Valuation Manual guidance, projecting the overall income statement and balance sheet as part of the company’s annual planning process, analyzing actual-to-expected variances on a quarterly basis, and explaining earnings drivers to senior management. In addition, you will have the opportunity to interact and engage with professionals in a variety of other areas across the company.

What It Takes to Join Our Team:

·College degree in math, actuarial science, or related degree and/or equivalent experience preferred.

·At least five years of related work experience preferred.

·ASA (Associate of the Society of Actuaries) and continued progress towards an FSA (Fellow of the Society of Actuaries) preferred.

·Advanced knowledge of actuarial software and/or programming ability required with experience in MG-ALFA preferred.

·Previous experience with Principle Based Reserve guidance preferred.

·Strong knowledge of life insurance and/or annuity products.

·Strong communication skills and the ability to work collaboratively with coworkers.

·Ability to work from our office in West Des Moines, Iowa.

What We Offer You: When you’re on our team, you get more than a great paycheck. You’ll hear about career development and educational opportunities. We offer an enhanced 401K with a match, low-cost health, dental, and vision benefits, and life and disability insurance options. We also offer paid time off, including holidays and volunteer time, and teams who know how to have fun. Add to that an onsite wellness facility with fitness classes and programs, a daycare center, a cafeteria, and for many positions, even consideration for a hybrid work arrangement. Farm Bureau....where the grass really IS greener!

If you're interested in joining a company that appreciates employees, provides growth and professional development opportunities, and offers great benefits, we invite you to apply today!

Work Authorization/Sponsorship: At this time, we are not considering candidates that need any type of immigration sponsorship now or in the future, such as additional or permanent work authorization. Applicants must be currently authorized to work in the United States on a full-time, permanent basis. We are not able to sponsor now or in the future, or take over sponsorship of, an employment visa or work authorization for this role. For example, we are not considering candidates with OPT status.