Associate Life Product Actuarial Role Specialist in a large insurer. Closer to a big-carrier specialist than a modelling-heavy IC—the work supports established product systems and controls rather than standalone model ownership. Associate Life product actuarial role in Cedar Rapids, Iowa, supporting product development, system calculations, testing, reporting, and regulatory alignment. The hybrid position requires three office days weekly and four years of modeling, systems analysis, or data analytics experience, with compensation of $69,000-$85,000 plus a potential 7.5% bonus.
Requirements:
Must Have Bachelor's degree in actuarial science, mathematics, finance, or equivalent experience Four years of experience in modeling, business systems analysis, or data analytics Moderate understanding of actuarial concepts, including risk management, interest rate models Experience supporting product design projects and knowledge of associated regulatory requirements Strongly Preferred Moderate technical proficiency to maintain and enhance policy administration systems including rate tables Strong analytical and reporting skills Strong written and verbal communication skills Strong organizational skills to manage multiple priorities within deadlines Moderate experience and skills with MS Excel formula usage and creation Moderate experience with modeling software and programming languages (e.g. Access, SQL, Visual Basic) Advanced skill at working independently and collaborating in a team environment Nice To Have Experience with life administration systems, particularly CyberLife, LifePRO, LifeComm Knowledge of life products (Term, Whole Life, Universal Life, Indexed Universal Life, Variable Universal Life) Visual Basic / Excel macro-writing experience SQL and Access experience Skills & Domain Tools: Excel, Access. Domain: Life product development and pricing, Life administration systems (CyberLife, LifePRO, LifeComm), Life products (Term, Whole Life, UL, IUL, VUL), Regulatory requirements for product design