Associate Actuary
Job Summary
This position’s primary responsibility is to support the Statutory Actuarial Valuation and Financial Reporting procedures for Fidelity & Guaranty Life. This position will execute the Statutory valuation processes of designated life insurance and annuity lines of business.
Duties & Responsibilities
Monthly production of Statutory and Tax reserves for designated life insurance and annuity lines of business
Prepare, review and analyze Statutory and Tax reserve movements
Prepare, review and analyze quarterly and annual deliverables related to Statutory reserves including annual statement exhibits, Risk Based Capital (RBC) reports and rating agency deliverables
Maintain, enhance and ensure timely execution of valuation controls
Assist in the maintenance of the valuation programs for new products, new regulations, etc.
Assist with completion of the PBR Actuarial Report
Supervisory Responsibilities: This role does not have formal people leadership responsibilities but may provide guidance, mentorship, or subject matter expertise to others.
Knowledge, Skills & Abilities
Self-starter who demonstrates strong initiative and displays a high energy level
Team player who has the ability to function as a key member of a small group
High degree of ownership for their areas of responsibility
Knowledge of Microsoft Office applications (Word, Excel, PowerPoint, Access)
Ability to learn and utilize actuarial software systems
Effective verbal and written communication
Minimum Qualifications
Bachelor's Degree in Mathematics, Actuarial Science or related technical field
Minimum of two years of related actuarial experience
Strong technical, analytical, organizational, computer and team skills
License/Certification
ASA Certification
Preferred Qualifications
Experience with life insurance and annuity products
Experience with indexed products
Exposure to GGY-AXIS or similar actuarial modeling software
Other Requirements
This position primarily involves sedentary work, requiring long periods of sitting, regular use of a computer, and occasional standing or walking, with reasonable accommodations available.
Perform other functions, duties and projects as assigned
Regular and punctual attendance
Ability to travel up to: 10% of the time
#LI-MB1 #LI-Remote Additional Information
Work Environments
F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements. During the hiring process, you'll work with your leader to decide what works best for your role.
F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G. If reasonable accommodation is needed to participate in the job application or interview process, please contact talentacquisition@fglife.com.
Join our employee-centric hybrid work environment: F&G Careers
About F&G
Since 1959, Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life’s unexpected events.
As a national Top Workplace 1 , an Iowa Top Workplace 2 and a proud equal opportunity employer, F&G team members are empowered, collaborative, dynamic and authentic. We believe that by embracing these values, we will continue to build and strengthen the company while continuing to be a great place to work.
1 Top Workplaces USA 2022 – 2023
2 Des Moines Register Top Workplaces 2018 – 2022
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