I know, I am a little late to the party ... what happen a lot, you just use default settings in your app pool in IIS. In IIS Administration utility, go to app pools->select pool-->advanced settings->Process Model/Identity and select a user identity which has right permissions. By default it is set to ApplicationPoolIdentity. If you're developer, you most likely admin on your machine, so you can select your account to run app pool. On the deployment servers, let admins to deal with it.
