Job Summary
This position’s primary responsibility is to support the GAAP or Statutory/Tax Actuarial Valuation and Financial Reporting procedures for Fidelity & Guaranty Life. This position will execute either the GAAP or Statutory/Tax valuation processes of designated lines of business.
This position reports to the Actuary, Actuarial Valuation or Sr. Associate Actuary.
Duties and Responsibilities
- Monthly production of reserves under the following bases: GAAP or Statutory/Tax
- Develop information for preparation, review and analysis of reserve movements
- Maintenance/enhancement and timely execution of valuation controls
- Assist in maintenance of the valuation programs for new products, new regulations, etc.
- Other projects as assigned
Experience and Education Requirements
- Bachelor’s degree in mathematics, actuarial science or related technical field
- Successful completion of five ASA examination requirements
- Minimum of one year of related actuarial experience
- Strong technical, analytical, organizational, computer, and team skills
- Experience with indexed products preferred but not required
- Exposure to GGY-AXIS or similar actuarial modeling software preferred
Skills and 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
- Typical professional office environment
- Periods of extended sitting required
#LI-JB1
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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 [email protected].
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.
1Top Workplaces USA 2022 – 2023
2Des Moines Register Top Workplaces 2018 – 2022
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