Product Actuary
Listed on 2026-02-24
-
Finance & Banking
Actuary, Risk Manager/Analyst, Financial Analyst -
Insurance
Actuary, Risk Manager/Analyst, Financial Analyst
Position:
Product Actuary
Department:
Innovation Design Group
Reporting to:
Vice President – Product Actuary
Location:
Lenexa, KS/ Topeka, KS - Onsite
Innovation Design Group (IDG) is looking for a driven and analytical Product Actuary to join our team and help shape innovative insurance products in the annuity marketplace.
In this role, you won’t just maintain models — you’ll help design, evaluate, and refine products that are brought to market through leading carriers and distributors. You’ll collaborate across actuarial, marketing, and distribution teams while gaining direct exposure to product strategy, pricing decisions, and competitive positioning.
If you’re an actuary who enjoys combining quantitative rigor with real-world product impact, this is an opportunity to do both.
What You’ll Do- Support the ideation, development, and pricing of insurance products and product features
- Build and maintain actuarial models for pricing, profitability analysis, and projections
- Perform sensitivity testing, scenario analysis, and financial impact assessments
- Conduct competitive analysis across product lines and distribution channels
- Support research and development of index strategies used within products
- Assist in developing pricing assumptions and financial projections
- Contribute to automation and continuous improvement of actuarial models and workflows
- Translate complex actuarial concepts into clear insights for both technical and non-technical audiences
- Support product rollout initiatives by helping develop sales materials and explaining product positioning
- Provide actuarial expertise to marketing partners and distributors, including responding to product-related questions and supporting competitive intelligence efforts
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Data Analytics, or related quantitative field
- Minimum of 3 actuarial exams passed
- Minimum of 2 years of professional actuarial experience
- Product pricing or product development experience, particularly in the Fixed Index Annuity space
- Exposure to insurance accounting bases, reserving, or reinsurance
- Experience with financial modeling and projection systems
- Automation or workflow tool development
- Experience building analytical or web-based tools
- Amazing benefits including medical, dental, vision and 401k (with matching options)
- Generous PTO package from your start date
- Continuous personal and professional development opportunities
- Recognition for hard work & exemplary performance
Innovation Design Group is a subsidiary of Advisors Excel and is a fast paced, cutting-edge company that seeks to innovate in its development of index linked financial products. We partner with industry leading insurance carrier and investment banks to bring financial products to market. These products solve retirement planning gaps and strategically evolve next generation index linked solutions. We have high expectations to continually move our business forward.
We are on the hunt for positive people who thrive on hard work and in a collaborative team environment. If this sounds like you, then what are you waiting for? We want you to join our team!
Innovation Design Group is an Equal Employment Opportunity Employer. Everyone is welcome here – as an inclusive workplace, our employees are always comfortable bringing their true selves to our offices daily.
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