Actuarial Associate

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

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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 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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