Actuarial Associate III - Model Development

Actuarial Associate III - Model Development West Des Moines, IA Job Details Full-time 1 day ago Benefits Life insurance Qualifications Financial model construction Financial model development Actuary experience Automation Financial reporting Bachelor's degree in finance Mathematics Finance SQL Bachelor's degree GAAP Annuities VBA IT Accounting standards Bachelor's degree in mathematics Senior level Cross-functional collaboration Cross-functional communication Actuarial Science Database software proficiency Full Job Description We are driven to do more. More for our customers and the financial professionals who offer our products. If you are driven to do more and love the challenge of pursuing more, Athene is your kind of company. You will find we offer more than the basics to create an inclusive and dynamic work environment at our various locations.

Purpose:

Athene is seeking a highly motivated Actuarial Associate III to join the Actuarial Model Development team. This role plays a key role in the design, enhancement, and governance of actuarial models that support financial reporting, pricing, and strategic decision-making. This position operates at the intersection of actuarial science, data, and technology, requiring strong technical expertise, ownership of model outcomes, and collaboration across valuation, pricing, ALM, and IT. The role is expected to independently deliver high-quality modeling solutions, identify opportunities for improvement, and contribute to the ongoing evolution of modeling capabilities across the organization.

Accountabilities:

Develop, enhance, and own components of actuarial models used for Statutory, GAAP, Capital, Asset Adequacy, and internal management reporting Ensure models are accurate, well-controlled, and delivered on time, proactively identifying and resolving issues Partner cross-functionally with IT, valuation, pricing, and experience studies teams to influence model design, data flows, and assumptions Independently implement model changes related to new products, regulatory requirements, and methodology updates Perform validation and testing of complex actuarial models, including critical review of assumptions, methodologies, and outputs Identify model limitations, emerging risks, and opportunities for improvement, and recommend actionable solutions Contribute to model governance, documentation, and control frameworks, ensuring alignment with internal standards and regulatory expectations Drive improvements in actuarial processes, automation, and reporting efficiency Provide thoughtful analysis and insights into valuation and finance teams to support business decisions

Qualifications and Experience:

Bachelor's degree in Actuarial Science, Mathematics, Finance, or a related field Progress toward ASA designation (typically 3+ exams completed; additional progress preferred) 4+ years of actuarial experience, preferably in life insurance or annuities Hands-on experience with actuarial modeling platforms (e.g., MG-ALFA, Pathwise, RiskAgility FM, or similar) Strong technical skills in Excel; experience with VBA, SQL, or other preferred programming tools Solid understanding of actuarial modeling concepts, financial reporting frameworks, and model controls Drive. Discipline. Confidence. Focus. Commitment. Learn more about working at Athene. Athene is a Military Friendly Employer! Learn more about how we support our Veterans. Athene is committed to inclusion and is proud to be an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, marital status, sexual orientation, veteran status or any other status protected by federal, state or local law.