AVP & Actuary

We’re looking for an AVP & Actuary to join our Benefits & Protection Financial Reporting team. In this role, you’ll lead and oversee key financial processes to obtain strategic growth and expected profitability for the Benefits & Protection Specialty Benefits 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).

• Part of Worksite Benefits Leadership team driving strategic imperatives
• Act as trusted and strategic advisor to Worksite Benefits segment
• Drive financial outcomes and KPI measures of success
• Influence and advocate for investments that drive value and future growth

• 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

• Capital Management
• ALM
• Other financial modeling to support business

• Lead Specialty Benefits Finance team – team of 19
• Build bench strength
• Develop talent and leaders

Operating at the intersection of financial services and technology, Principal builds financial tools that help our customers live better lives. We take pride in being a purpose-led firm, motivated by our mission to make financial security accessible to all. Our mission, integrity, and customer focus have made us a trusted leader for more than 140 years!

• Bachelor’s degree or equivalent, plus a minimum of 15 years related experience preferred
• Must have excellent organizational, analytical, problem solving, presentation, and oral and written communication skills
• Ability to apply generalist skills such as strategic and long range visionary thinking
• Strong background and knowledge in financial and budgetary matters
• Knowledge of group benefit products a plus
• Prefer designations such as Fellow of the Society of Actuaries (FSA) and Member of the American Academy of Actuaries (MAAA)

Salary ranges below reflect targeted base salaries. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation for all roles will be based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

$179000 - $243000 / year

Flexible Time Off (FTO) is provided to salaried (exempt) employees and provides the opportunity to take time away from the office with pay for vacation, personal or short-term illness. Employees don’t accrue a bank of time off under FTO and there is no set number of days provided.

Yes

This role will be based in our corporate headquarters in Des Moines, IA and offers a hybrid work arrangement, with at least three in-office days during a typical work week.

At this time, we’re not considering applicants that need any type of immigration sponsorship (additional work authorization or permanent work authorization) now or in the future to work in the United States. This includes, but IS NOT LIMITED…