AVP & Actuary
Principal Financial Group · Des Moines, IA · Yesterday
On-siteOTHR$243k/yrFull-time
Who You Are
- College graduate or equivalent, a Fellow of the Society of Actuaries (FSA), and a member in good standing of the American Academy of Actuaries (AAA) required; 15 years of experience in the actuarial field is preferred; actuarial insurance experience is preferred
- Excellent organizational, analytical, problem solving, presentation, and oral and written communication skills
- Strong background and knowledge in financial and budgetary matters
- Knowledge of life insurance products and reserve valuation is a plus
- Preference for designation such as a Member of the American Academy of Actuaries (MAAA)
What You'll Do
- Lead and oversee key financial processes to obtain strategic growth and expected profitability for the Business Owner Segment
- Support principles of balanced scorecard philosophy by (1) meeting financial goals (financial perspective); (2) ensuring highest quality customer service is provided (customer perspective); (3) focusing on internal process improvements (internal perspective); and (4) maximizing utilization of human capital (learning and growth perspective)
- Act as trusted and strategic advisor to Business Owner segment
- Drive financial outcomes and KPI measures of success
- Influence and advocate for investments that drive value and future growth
- Oversee Core CFO Financial Responsibilities For Life Insurance Financial Projections & Analysis
- Reserve Valuation
- Financial Reporting
- Internal and External communication of results and drivers
- Drive continuous process efficiencies and analytic improvement
- Enterprise partnership and mindset
- Support Execution of Enterprise Priorities
- Enterprise mindset and finance leader
- Part of Enterprise FP&A Working Group
- Drive execution of Finance Journey work
- Support establishment of PLIC NY legal entity
- Promote and implement use of AI capabilities in Finance
- Enable high performing teams
- Develop leaders on Life CFO team
- Build bench strength
- Assess team structure and optimize team