Actuary Analyst / Senior Actuary Analyst- Hybrid- Des Moines, Iowa
Position Overview
Join Wellabe's actuarial team to support financial projections, liability valuation, pricing, and asset‑liability management for a wide range of senior market insurance products. This role offers opportunities to work on sophisticated modeling, regulatory reporting, and strategic analysis.
Position level will be determined based on the individual’s skill, knowledge, and experience as well as actuarial exam progress.
At the Actuary Analyst level, you will assist with model development, data analysis, and projection tasks to support planning and regulatory reporting.
At the Senior Actuary Analyst level, you will lead actuarial model development and maintenance, oversee complex statistical analysis, and provide guidance to junior team members while ensuring compliance with regulatory and governance standards.
Essential Functions
Shared Responsibilities (Both Levels)
Develop and maintain actuarial models for valuation, forecasting, pricing, and risk analysis.
Support cash flow testing (CFT), sensitivity tests, and risk‑based capital (RBC) projections.
Prepare experience studies, actuarial analyses, and summary reports for management.
Document methodologies, assumptions, and data sources.
Ensure compliance with regulatory requirements and internal governance standards.
Additional Responsibilities for Senior Actuary Analyst
Lead model governance and continuous process improvement initiatives.
Prepare actuarial portions of financial statements and statutory exhibits.
Explain results and make recommendations for management actions and product design.
Provide technical guidance and mentorship to junior analysts.
Success Profile
Both Levels
Strong analytical and critical thinking skills.
Ability to communicate complex topics clearly to technical and non‑technical audiences.
Proficiency in MS Office (Excel, Word, PowerPoint); exposure to SQL, VBA, or programming languages preferred.
Experience with actuarial software (MG‑ALFA preferred).
Senior Level
Deep knowledge of insurance products, regulations, and actuarial standards.
Advanced programming skills (SQL, VBA, R) and experience with actuarial projection software.
Ability to lead projects and mentor team members.
Qualifications
Actuary Analyst: Bachelor's degree in actuarial science, mathematics, statistics, or related field; completion of internship or relevant experience preferred; two actuarial exams preferred.
Senior Actuary Analyst: Bachelor's degree in actuarial science or related field; 2+ years actuarial experience; completion of at least 3 actuarial exams and progress toward ASA designation required.
Benefits
Hybrid availability
401(k) with generous, fully vested company match
Health insurance
Paid time off, holidays
Volunteer time off
Lifestyle Spending Account (LSA)
Paternal leave
Legal insurance
EAP
Travel accident insurance
Growth Opportunities
LinkedIn Learning Premium access
CliftonStrengths assessment and coaching
On‑site and virtual workshops and cohorts featuring world‑class content from FranklinCovey, Crucial Learning, Gallup, and more
Free world‑class insurance acumen courses through AHIP and LOMA
Reimbursement and bonus opportunities for professional designations and certifications, including a tuition reimbursement program
Opportunities to take part in Wellabe's mentorship programs
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Equal Opportunity Employer
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