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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