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Insurance Actuarial Jobs in Iowa (NOW HIRING)

Careers at KKR

AVP, Corporate Actuarial

Des Moines, IA

$140K - $180K/yr

POSITION OVERVIEW Global Atlantic's Corporate Actuarial Team is seeking a dynamic and collaborative leader to support and enhance our cash flow testing for multiple insurance entities. This role will ...

IMT Insurance

Assistant Actuary

West Des Moines, IA · On-site +1

$99K - $150K/yr

... actuarial support and regulatory exhibits, and serve as the primary contact for responding to objections, questions, and information requests from state insurance departments. * Develop, test, and ...

IMT Insurance

Assistant Actuary

West Des Moines, IA · On-site +1

$99K - $150K/yr

... actuarial support and regulatory exhibits, and serve as the primary contact for responding to objections, questions, and information requests from state insurance departments. * Develop, test, and ...

Careers at KKR

Actuarial Analyst

Des Moines, IA · On-site

$70K - $90K/yr

... Insurance business. The candidate will work with the Model Production team to execute and test the ... Bachelor's degree in actuarial science, Mathematics, Statistics, Finance or other related fields ...

IMT Insurance

Assistant Actuary

West Des Moines, IA · On-site +1

$99K - $150K/yr

... actuarial support and regulatory exhibits, and serve as the primary contact for responding to objections, questions, and information requests from state insurance departments. * Develop, test, and ...

IMT Insurance

Assistant Actuary

West Des Moines, IA · On-site

$99K - $150K/yr

... actuarial support and regulatory exhibits, and serve as the primary contact for responding to objections, questions, and information requests from state insurance departments. * Develop, test, and ...

Elevance Health

Actuarial Analyst III

West Des Moines, IA · On-site

$89K - $170K/yr

Actuarial Analyst III Location: This role requires associates to be in-office 1-2 days per week ... Health insurance industry experience preferred. * Medicaid experience preferred. For candidates ...

Aegon

Director, Actuarial FP&A

Cedar Rapids, IA · Hybrid

$195K - $250K/yr

Job Family Actuarial About Us At Transamerica, hard work, innovative thinking, and personal ... Our insurance, retirement, and investment solutions help people make the most of what's important ...

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All JobsInsurance Actuarial JobsInsurance Actuarial Jobs in Iowa

Insurance Actuarial information

See Iowa salary details

$95.3K

$134.2K

$160.6K

How much do insurance actuarial jobs pay per year?

As of Aug 6, 2026, the average yearly pay for insurance actuarial in Iowa is $134,235.00, according to ZipRecruiter salary data. Most workers in this role earn between $123,500.00 and $145,600.00 per year, depending on experience, location, and employer.

What are some of the common challenges faced by insurance actuaries when analyzing new products or markets?

Insurance actuaries often encounter challenges such as limited historical data, rapidly changing regulations, and evolving customer behaviors when analyzing new products or entering unfamiliar markets. These factors can make it difficult to develop accurate pricing models and risk assessments. Actuaries must collaborate closely with underwriting, product development, and data analytics teams to gather insights and adapt their methodologies. Staying updated on industry trends and regulatory changes is also essential for successfully navigating these challenges.

What is the difference between Insurance Actuarial vs Insurance Underwriting?

AspectInsurance ActuarialInsurance Underwriting
Primary FocusRisk assessment and pricing modelsEvaluating individual applications and approving policies
Required CredentialsActuarial certifications (e.g., SOA, CAS)Typically no formal certifications, but industry experience valued
Work EnvironmentData analysis, statistical modeling, forecastingAssessing applications, client interaction, decision-making
Industry UsageUsed across insurance companies for product developmentUsed in underwriting departments for policy issuance

Insurance Actuarial and Insurance Underwriting roles are both vital in the insurance industry but focus on different aspects. Actuaries analyze data to develop pricing models, while underwriters evaluate individual applications to approve policies. Understanding these differences helps clarify career paths and employer expectations in the insurance sector.

What does an insurance actuarial do?

An insurance actuary analyzes statistical data to assess risk and determine insurance premiums, reserves, and product pricing. They use mathematical models, often with specialized software, and typically require professional certifications such as the ASA or FSA. Their work supports financial stability and profitability for insurance companies.

What is an insurance actuarial?

Insurance actuaries are professionals who use mathematics, statistics, and financial theory to analyze the financial costs of risk and uncertainty in the insurance industry. They help insurance companies design policies, determine premiums, and ensure that the company can meet future claims. Actuaries play a critical role in evaluating the likelihood of events such as accidents, illnesses, or natural disasters and in helping insurers remain financially stable. Their work helps protect both the company and its policyholders from unexpected losses.

What are the key skills and qualifications needed to thrive as an insurance actuarial, and why are they important?

To thrive as an Insurance Actuarial, you need strong mathematical, statistical, and analytical skills, typically supported by a degree in actuarial science, mathematics, or a related field, along with progress toward professional actuarial certifications. Proficiency with actuarial modeling software (such as SAS, R, or Prophet), spreadsheet tools, and data analysis systems is essential. Excellent problem-solving, attention to detail, and effective communication skills help actuaries interpret complex data and present findings clearly to stakeholders. These capabilities are vital for accurately assessing risk, developing sound insurance products, and supporting business decision-making.

Do insurance actuaries make good money?

Insurance actuaries typically earn competitive salaries that increase with experience, professional certifications, and specialization. Entry-level salaries are solid, and experienced actuaries can earn high six-figure incomes, especially in senior roles or specialized fields like risk management or predictive modeling.
What are popular job titles related to Insurance Actuarial jobs in Iowa? For Insurance Actuarial jobs in Iowa, the most frequently searched job titles are:
What job categories do people searching Insurance Actuarial jobs in Iowa look for? The top searched job categories for Insurance Actuarial jobs in Iowa are:
Insurance Actuarial jobs near you
Infographic showing various Insurance Actuarial job openings in Iowa as of August 2026, with employment types broken down into 1% As Needed, 74% Full Time, 20% Part Time, and 5% Contract. Highlights an 91% Physical, 1% Hybrid, and 8% Remote job distribution, with an average salary of $134,235 per year, or $64.5 per hour.

Actuarial Associate, Insurance Risk Modeling

Careers at KKR

Des Moines, IA

$120K - $130K/yr

Other

Re-posted 22 days ago

Job description

Actuarial Associate, Insurance Risk Modeling 

Build the models that move the business 

If you love being hands-on with models - architecting them, breaking them, stress-testing them, and making them better - this role is built for you. As an Actuarial Associate on GA Risk's modelling team, you'll spend your days deep in the mechanics of insurance liability models that drive real decisions: how products are priced, how billions in liabilities are valued, how risk is hedged, and how the firm manages its balance sheet. You'll own models end to end and see your work shape live pricing and risk decisions. 

What makes this role different 

You won't be maintaining someone else's black box. You'll be developing and enhancing liability models directly in our risk platform, running stresses across GAAP, Stat, Econ, and Bermuda lenses to understand how liabilities behave under pressure, and building the analytical tools that let Risk challenge the status quo on modeling and pricing.  

You'll also sit close to the action. As new products launch and institutional transactions come onboard, you'll be the one bringing them onto the platform - which means you'll understand the full picture of both actuarial and market risk, not just a narrow slice of it. 

AI is going to be central in what you do.  It is already elevating everything the team does and you will be asked to explore and integrate with AI with your daily work in every way possible.   

What you'll do 

  • Develop and enhance insurance liability models in KKR Insurance Risk's liability modeling platform. 
  • Perform liability stresses under multiple lenses (GAAP / Stat / Econ / Bermuda), building a deep understanding of both actuarial and market risk. 
  • Onboard institutional transactions onto the Risk platform. 
  • Support new product launches and keep risk models current with rate changes and new product features 
  • Run validation and control reviews of actuarial and financial models, including critical assessment of the methodologies and assumptions behind them 
  • Build quantitative models and analytical tools that empower Risk to provide constructive challenges to current risk management, modeling, and pricing practices 
  • Communicate findings and their implications clearly to Risk's leadership and business stakeholders 

What you'll bring 

  • Bachelor's degree in quantitative disciplines 
  • 4 to 5+ years in a diversified life and annuity / financial or actuarial consulting environment 
  • 4 to 5+ years modeling insurance products, with a proven track record on complex products, ideally with MG-ALFA/Pathwise/PolySystem experiences.  
  • Clear, compelling communication skills, especially when translating technical concepts for both technical and non-technical audiences 

Nice to have: 

  • Professional designation such as FSA / ASA or CFA 
  • Working knowledge of life and annuity products 
  • Prior hedging or ALM experience 
    • Strong Python skills - highly desired.  

This role is not eligible for visa sponsorship now or in the future. 

This is the expected annual base salary range for this New York-based position. Actual salaries may vary based on factors, such as skill, experience, and qualification for the role. Employees may be eligible for a discretionary bonus, based on factors such as individual and team performance.

Base Salary Range $120,000 - $130,000 

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