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Assistant Vice President, Life Actuary in Des Moines, IA at Global Atlantic

Date Posted: 3/3/2018

Job Snapshot

Job Description

Company Overview

Global Atlantic Financial Group, through its subsidiaries, offers a broad range of retirement, life and reinsurance products designed to help our customers address financial challenges with confidence. A variety of options help Americans customize a strategy to fulfill their protection, accumulation, income, wealth transfer and end-of-life needs. In addition, Global Atlantic offers custom solutions and responsive service for the capital, risk and legacy-business management of life and annuity insurance companies around the world.

Global Atlantic offers employees the unique opportunity to work in a fast-paced, collaborative and meritocratic working environment. The company’s unique entrepreneurial culture encourages all employees to assume significant levels of responsibility.  Global Atlantic invests in its people because it believes they are critical to the long term success of its business.

Position Overview

The Life Product Development Assistant Vice President will work with a broad, multi-disciplined team to develop new and innovative product solutions to meet the opportunities and challenges of today’s life insurance marketplace.  In addition to executing on product pricing, this position requires significant interaction with multiple areas of the company including investments, financial reporting, operations and compliance as well as vendors supporting our administration and illustration systems.  This Des Moines based role requires an actuary that possesses not only strong analytical skills, but also a creative drive and excellent communication skills. The key responsibilities will include:

  • Participating in the development of new, innovative life insurance products
  • Performing thorough and timely pricing and risk analysis, including both statutory and GAAP profitability measures
  • Develop products that meets profitability, risk management and competitive objectives
  • Preparation of product specification and pricing documentation as well as the development of actuarial materials for forms filing initiatives
  • Life product representation on teams executing new product development projects
  • Utilizing critical and creative thinking to develop modeling, design, illustrative and administrative solutions for new, innovative product ideas
  • Working independently on Ad Hoc requests reporting results in a timely and professional manner


  • Bachelor’s degree (or higher) in Actuarial Science or related field and ten (10) years of experience in the life insurance industry is preferred, pricing experience a plus
  • Must be at least an Associate in the Society of Actuaries, Fellowship in the Society of Actuaries designation is preferred
  • Knowledge of individual life products required
  • Demonstrated knowledge of actuarial software required; Knowledge of MG ALFA is preferred
  • Possess strong analytical skills to price products with the ability to draw conclusions from research
  • Possess strong communication skills and the ability to develop effective working relationships

Global Atlantic is an equal opportunity employer, does not discriminate in employment on any basis that is prohibited by federal, state or local laws.