Actuary Analyst- Hybrid Des Moines, Iowa

About the role

Wellabe is seeking an Actuary Analyst to join our team. This role will develop and generate work products associated with reserve valuation processes of Life and Health insurance products. This role will also summarize statistical data by applying mathematical knowledge to policy and claim reserves, unpaid claim liabilities, trend analysis, and premium analysis.

Core Responsibilities

• Aid with various ad hoc requests through data gathering and analysis of output for reasonableness and accuracy.
• Support the production and analysis of reserve balances and other projection related tasks, including control generation and risk analysis.
• Analyze and review reserve changes to support Statutory and Tax reporting.
• Reconcile reserve models to recent experience.
• Prepare schedules of financial statements, premiums, reserves and benefits.
• Document applied methodologies, underlying assumptions and sources of data.

Qualifications

• Excellent interpersonal skills.
• Ability to communicate technical and complex topics.
• Effective written and verbal communication skills.
• Strong analytical and critical thinking skills.
• Ability to analyze processes to enhance their efficiency and accuracy.
• Knowledge of MS Office Suite (Excel, Word and PowerPoint).
• Exposure to SQL, VBA, or other software programming is an advantage.

Education

• Bachelor’s degree in actuarial science, mathematics, statistics or related field.
• Combination of education and/or relevant work experience may be accepted in lieu of degree.
• Completion of Internship or relevant business experience preferred.
• Completion of 2 actuarial exams preferred.

Skills

• We believe each of us has potential to grow and adapt with our business.
• We take your career as seriously as you do. Helping you develop your skills and talents leads to opportunities — not only for you, but also for our company.
• 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.

About Wellabe

Since 1929, Wellabe has been finding solutions to help our customers protect their health and financial well-being. And we’re committed to fostering an internal culture of inclusivity, well-being, and development so each of our team members can succeed. Learn more about Wellabe’s culture of betterment by visiting wellabe.com/culture.

Our Core Values

• Be dedicated: Show unwavering commitment by proactively taking initiative, setting clear goals, and managing time effectively.
• Be trustworthy: Take accountability for actions, navigate difficult conversations with integrity, and build strong relationships through consistent, honest behavior.
• Be determined: Demonstrate enthusiasm and a relentless drive to overcome obstacles and achieve goals.
• Be collaborative: Foster teamwork by being self-aware, actively listening, and effectively communicating across all levels.
• Be open: Embrace diversity and new ideas to create an inclusive environment.
• Be generous: Embody generosity and compassion by serving a greater purpose and helping others.
• Be better: Commit to continuous improvement and adapt effectively to change.
• Be well: Prioritize physical and mental health, manage stress, and demonstrate emotional intelligence.