Associate Actuary

Job Description

Job Description

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 View email address on us.fitly.work.

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 Workplace1, an Iowa Top Workplace2 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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