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Actuary

United States, West Des Moines 130505.00 - 217508.00 USD / Year · Job Posted March 20, 2026
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Job Description

Serve as a leader in the development and execution of accurate and efficient tools and processes to support the actuarial function(s) related to this role. Analyze, summarize and present management information to drive decisions. Understand Sammons Financial Group (SFG) Member Companies' financial objectives and ensure processes and work product support those objectives. Manage multiple projects and work collaboratively with other departments, providing technical guidance as needed. Lead special projects as directed.

Job Responsibility

  • Serve as a leader in the development and execution of accurate and efficient tools and processes to support the actuarial function(s)
  • Analyze, summarize and present management information to drive decisions
  • Understand Sammons Financial Group (SFG) Member Companies' financial objectives and ensure processes and work product support those objectives
  • Manage multiple projects and work collaboratively with other departments, providing technical guidance as needed
  • Lead special projects as directed
  • Apply strong knowledge of SFG products related to area of focus
  • Understand new products and make recommendations regarding how to incorporate into existing models and/or actuarial processes
  • Apply strong knowledge of insurance contracts and actuarial related regulations to perform existing functions
  • Recommend enhancements to existing processes or develop new processes to accommodate regulatory changes
  • Prepare actuarial memorandums and/or disclosures in compliance with regulations related to area of focus
  • Develop and recommend assumptions for management approval
  • Apply as needed for actuarial calculations or financial projections
  • Leverage company data, industry data and/or any other information indicating a potential change in the future to support individual assumptions
  • Use actuarial models to understand and explain the impact of a change in assumptions
  • Ensure assumptions and sources of underlying data are well documented
  • Create, understand and interpret complex financial models
  • Assist in choosing the appropriate modeling approach and using the right tools and methods to maximize efficiency
  • Analyze and explain the results of both deterministic and stochastic projections
  • Ensure proper governance, peer review and documentation is completed
  • Leverage knowledge of accounting standards and other reporting requirements covering insurance liabilities and the assets backing liabilities to understand, analyze and explain financial reporting as needed
  • Assist in interpreting and implementing changes in accounting and/or actuarial standards
  • Create spreadsheets, databases and other data analytic software as needed to perform data analysis and summarize, manipulate, transform and aggregate data efficiently and accurately
  • Present aggregated data verbally, numerically, graphically or in another written format to highlight key features to inform management decisions
  • Perform checks to confirm the robustness of the data and analysis
  • Understand concepts of relevant actuarial risks and the implications of failing to manage risk
  • Quantify risk exposure and use model projections to produce management information to measure and to monitor on-going exposure
  • Assist in developing risk mitigation techniques which may include product changes or new product designs
  • Lead special projects as required
  • Work individually and/or in teams on multiple projects and deliver completed projects on time and with high quality
  • Effectively plan and prioritize your work in accordance with broader department objectives and priorities
  • Develop relationships and collaborate with other departments and business units
  • Communicate effectively with other actuarial teams to ensure consistency in modeling approaches and assumptions across actuarial functions
  • As needed, perform actuarial calculations to support administration or test IT functionality
  • Enhance and develop personal and professional skills through the Society of Actuaries’ exam or continuing education requirements
  • Commitment to embrace Sammons Financial Group Companies shared values (Accountability, Connection, Openness, Respect and Integrity)
  • As stated within the Company Attendance and Punctuality policy, regular attendance is required and expected in order to meet the business service levels and workflow demands
  • Participate in other initiatives and/or projects as necessary

Requirements

  • Bachelor's Degree preferably in the area of mathematics, or a business related field
  • 6-8 years' experience in the field of Actuarial Science Preferred
  • Demonstrate a superior level of mathematical ability and attention to detail and strong analytical skills
  • Demonstrate strong computer skills including proficiency in the use of applicable technical tools
  • Demonstrate strong written and verbal communication skills including the ability to present highly technical information to non- technical audiences
  • Ability to apply insurance industry knowledge, preferably in the fields of individual life and annuities
  • Ability to identify and direct the analysis of problems or questions and provide recommendations to appropriate audiences
  • Ability to work both individually and as part of a team
  • Highly organized with the demonstrated ability to prioritize multiple projects and to switch priorities as necessary
  • Ability to work effectively in an office environment
  • Commitment to embrace SFG shared values (Respect, Accountability, Integrity, and Openness)
  • FSA Required
  • Will consider near-FSA actively pursuing completion of FSA or career ASA Required
  • Criminal background check required
  • If the position is in the SIG business unit, Annuity New Business Securities team, or if we are holding securities licenses, FINRA regulations require fingerprinting for this position
  • if we are holding securities licenses, a credit check will also be required

What we offer

  • Health, Dental, Vision, Company Paid Retirement, PTO and Holiday Pay
  • Employee Stock Ownership Plan (ESOP) is a 100% company-funded retirement plan
  • Healthy balance between work and personal lives
  • Friday afternoons off all year long, competitive PTO, and generous number of paid holidays
  • Incentive program for defined goals subject to eligibility and performance
  • Colleagues who support one another, model our core values, and drive our healthy, high-performing culture

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