Ameritas Life Insurance

Actuarial Process Manager

Ameritas Life Insurance$90K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Actuarial Science, Mathematics, IT, or related field
  • 4-7+ years in roles like Product Owner or Business Analyst in large organizations
  • Strong business acumen, especially in financial services or insurance
  • Exceptional analytical and problem-solving abilities
  • Outstanding communication skills for diverse audiences
  • Proficient in managing competing priorities in fast-paced settings
  • Working knowledge of agile principles (e.g., Scrum, Kanban)

Responsibilities

  • Own and manage end-to-end actuarial run book and financial reporting processes
  • Analyze workflows to identify and address inefficiencies and risks
  • Collaborate with stakeholders to implement process improvements
  • Document controls and metrics for reporting-cycle activities
  • Define and communicate product vision for reporting systems
  • Manage and prioritize the department's product backlog
  • Act as liaison between departments, ensuring effective collaboration

Benefits

  • 401(k) Retirement Plan with company match
  • Tuition Reimbursement and Assistance
  • Flexible Hybrid work options
  • Health benefits including Medical, Dental, Vision
  • Paid volunteer time and generous paid leave policies
  • Professional development and leadership programs
  • Employee assistance programs for health and well-being
Full Job Description
Job Description:

We are seeking a highly motivated and business-savvy Actuarial Process Manager to join our Corporate Actuarial Team. This is a critical business-side role, not an IT position. The successful candidate will be the central figure in managing and optimizing the complex processes that underpin our recurring actuarial financial reporting.

Your primary mission will be to own our periodic "run book" processes, driving continuous improvement to ensure they are executed with maximum efficiency and accuracy. Concurrently, you will be a key change agent, helping to lead the adoption of a modern, agile-like framework for department project execution and product development. You will act as the crucial liaison between our corporate actuarial and IT teams, translating complex business needs into actionable plans and driving for tangible results.

Position Location:
  • This is a hybrid role working partially in-office and partially from home.

What you do:
  • Run Book Process Ownership:
    • Take full ownership of the end-to-end recurring actuarial run book and financial reporting execution processes.
    • Continuously analyze existing workflows to identify bottlenecks, risks, and opportunities for automation and improvement.
    • Collaborate with Actuarial, Operations, and IT stakeholders to implement process enhancements that improve speed, accuracy, and auditability.
    • Develop and maintain clear documentation, controls, and metrics for all reporting-cycle activities.
  • Product Vision & Backlog Management:
    • Define and communicate the product vision and roadmap for our core actuarial modeling and reporting systems.
    • Manage and prioritize the department's product backlog for technology enhancements, bug fixes, and new features, ensuring work aligns with strategic business objectives.
    • Support the translation of the modeling and data needs for 10 major product lines (Life, Annuity, RP, Disability Income) into clear, concise user stories and acceptance criteria for the IT development team.
  • Stakeholder Collaboration & Leadership:
    • Serve as the primary point of contact between the department and IT partners, fostering a collaborative and results-oriented environment.
    • Facilitate planning sessions, retrospectives, and stakeholder workshops to ensure alignment and clear communication.
    • Effectively communicate department product strategy, priorities, progress, and risks to stakeholders at all levels of the organization.
  • Agile Framework Adoption & Execution:
    • Champion and drive the team's adoption of the company's modern, agile-like delivery framework.
    • Promote a culture of iterative progress, continuous feedback, and accountability.
    • Work with Scrum Masters and development leads to ensure the team is focused, productive, and successfully delivering value each cycle.

What you bring:
  • Bachelor's degree or equivalent experience required, with a focus on Actuarial Science, Mathematics, Information Technology, Insurance, or a related field.
  • 4-7+ years of experience in a role such as Product Owner, Product Manager, Business Analyst, or a similar process-oriented business role within a large, complex organization.
  • Proven business acumen with a deep understanding of core business processes, preferably within the financial services or insurance industry.
  • Exceptional analytical and problem-solving skills with a talent for identifying the root cause of issues and designing effective solutions.
  • Outstanding communication, presentation, and interpersonal skills, with the ability to articulate complex concepts to both technical and non-technical audiences.
  • Demonstrated experience managing competing priorities and driving projects to successful completion in a fast-paced environment.
  • Working knowledge of agile principles and iterative development frameworks (e.g., Scrum, Kanban).

Preferred Qualifications & Skills
  • Strong familiarity with insurance products life cycle management, particularly Life, Annuity, and/or Disability Income insurance.
  • Direct experience with financial reporting, month/quarter-end close processes, and actuarial modeling functions in areas like pricing or valuation.
  • Solid understanding of and experience working with financial controls.
  • A significant advantage would be proficiency in BI tools like PowerBI and a working knowledge of SQL for data exploration and validation.
  • Formal certification as a Product Owner (e.g., CSPO, PSPO) or Project Management Institute (PMI) is a strong plus.
  • Experience with project management and collaboration tools such as Jira, Azure DevOps, SharePoint, or Microsoft Project.


What we offer:

A meaningful mission. Great benefits. A vibrant culture

About Ameritas Life Insurance

Ameritas Life Insurance is a mutual insurance company based in Lincoln, Nebraska. The company was founded in 1887 and offers a range of life insurance, annuities, and other financial products and services. Ameritas Life Insurance is known for its strong financial ratings and commitment to customer service. The company has a network of financial professionals across the United States who help clients plan for their financial futures. Ameritas Life Insurance is a member of the Ameritas Mutual Holding Company, which also includes Acacia Life Insurance and Union Central Life Insurance.
Learn more about Ameritas Life Insurance
Size
3,000 employees
Industry
Founded
1887

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