Product Analyst

Posting Title: Product Analyst
Location: West Des Moines, Iowa (Mostly Off-Site)
Employment Type: Full-time

About Us:
EquiTrust Life Insurance Company is a national carrier of competitive, client-friendly annuity products sold through a variety of distribution channels, including more than 20,000 independent agents and independent marketing organizations (IMOs). Since 2003, we have provided exceptional customer service to our clients by operating with integrity and passion. Our efforts are supported by a dedicated workforce who execute their responsibilities through teamwork and an entrepreneurial spirit. EquiTrust sells products nationwide and is headquartered in Chicago, Illinois, with operations in West Des Moines, Iowa.

How You’ll Contribute:
As a Product Analyst, you will support product development, pricing, and product management activities for fixed annuities, indexed annuities, and life insurance products. You will collaborate closely with actuaries, analysts, IT partners, and other stakeholders to perform analysis, validate systems, and ensure product accuracy and competitiveness. This role is well suited for an analytical professional who enjoys problem-solving, working with data, and supporting product innovation in a regulated financial environment.

What You’ll Do:

• Perform system testing and quality control for new products, product enhancements, and system changes

• Build, maintain, and enhance regression testing tools to support product accuracy

• Validate calculations within illustration, administration, and print systems

• Collect, analyze, and interpret data to support product development and pricing initiatives

• Serve as a liaison between Actuarial and IT teams for system projects, data warehouse management, and issue resolution

• Manage monthly and ad hoc interest rate updates for annuity and life insurance products

• Track competitive product rates and features and maintain competitive analysis reports

• Research and resolve issues using strong analytical and problem-solving skills

• Support cross-functional teams and contribute to departmental and company-wide initiatives

• Foster a collaborative, inclusive, and continuous-improvement–focused work environment

What You’ll Bring:

Education:

• Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Data Analytics, or a related field

Experience:

• 1 year of experience in an insurance-related field

• Prior actuarial or analytical experience preferred

• Exposure to annuity and/or life insurance products a plus

Knowledge, Skills, and Abilities:

• Strong analytical, mathematical, and problem-solving skills with attention to detail

• Proficiency with Microsoft Office and comfort working across multiple systems and tools

• Ability to manage multiple priorities, meet deadlines, and adapt to changing requirements

• Effective written and verbal communication skills

• Strong interpersonal skills and a collaborative mindset

• Commitment to professionalism, integrity, and continuous learning

Physical Requirements:

• Primarily sedentary work involving extended computer use

• Ability to communicate effectively in meetings and discussions

• Occasional lifting of light materials (up to 20 lbs.)

Where You’ll Work:

• Location: West Des Moines, Iowa
• Work Arrangements: Mostly Off-Site
• Travel Requirements: Infrequent (less than 5%)

Total Rewards:
In addition to base pay, eligible employees may receive an annual discretionary incentive bonus and access to a competitive benefits package including: 

• Medical, Dental & Vision coverage:
• 401(k) with Company Match
• Paid time off: Vacation, Sick, Holiday, and more
• Paid Parental Leave for both Mothers and Fathers
• Hybrid/Remote Work Options
• Early Friday Closure

EquiTrust is an Equal Opportunity Employer and participates in the U.S. Federal E-Verify program. Applicants have rights under federal and state employment laws. To learn more, visit EquiTrust Careers. 

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