Fidelity & Guaranty Life Insurance Company Verified

Actuarial Associate

HybridHybridFull TimeEntry-level (exp-based)Posted 1 month ago

Is this role right for you?

Upload your resume and get a skill-by-skill breakdown — see exactly where you match, where you're close, and what to highlight. Not a mystery percentage.

Get a tailored resume highlighting what this role needs.

Required skills

ASA examination requirements
GAAP
Statutory/Tax
valuation controls
new products
new regulations
Microsoft Office
actuarial software systems

Nice to have

indexed products
GGY-AXIS

Role summary

This position supports GAAP or Statutory/Tax Actuarial Valuation and Financial Reporting procedures for Fidelity & Guaranty Life. The role involves executing valuation processes for designated business lines, producing monthly reserves, developing information for reserve movement analysis, maintaining and executing valuation controls, and assisting with valuation programs for new products and regulations. The position reports to an Actuary or Sr. Associate Actuary and requires a Bachelor's degree in a related technical field, successful completion of five ASA examination requirements, and at least one year of actuarial experience. Proficiency in Microsoft Office and actuarial software systems is expected.

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

#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 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

Notice for all Applicants who are California residents under the California Privacy Rights Act. Please click here to review the policy.

Ready to apply?

You'll be redirected to Fidelity & Guaranty Life Insurance Company's application page.