Job Description
Summary
This positions responsibility is to provide expert product advice/support in the process of implementing new products or any enhancements to existing products. This would include developing product supporting tools and administrative system verification.
POSITION SUMMARY
This position’s primary responsibility is to support the various actuarial teams for F&G Annuities & Life. This position is part of the actuarial rotation program.
ORGANIZATION
This position reports to actuarial staff and has no direct reports.
DUTIES AND RESPONSIBILITIES
- Analyze results demonstrating knowledge of actuarial concepts and processes
- Prepare and maintain models & reports, as well as participation in reconciliation with results
- Assist in developing answers to business questions through data
- Complete ad hoc projects as assigned on a timely basis
The duties of this position vary depending on the actuarial team but could also include:
- Support the monthly financial close process to calculate and validate Statutory, GAAP, and tax reserves and assist with financial statement preparation
- Support the maintenance of the pricing models and assist in pricing of life or annuity productsÂ
- Support the development and production of various experience studies used by the Company
- Support the production of cash flow testing and other projection related tasks, including sensitivity tests and risk based capital projections
EXPERIENCE AND EDUCATION REQUIREMENTS
- Bachelor’s degree in Mathematics, Actuarial Science, or related technical field
- 1 – 3 actuarial exams passed preferred, with an interest in pursuing FSA
- 0 – 2 years’ experience preferred with an actuarial internship preferred
- Strong technical, analytical, organizational, computer, and team skills
- Indexed Universal Life or Fixed indexed annuity knowledge preferred but not required
- Exposure to Moses, GGY AXIS or similar actuarial modeling software preferred
SKILLS AND ABILITIES
- Knowledge of Microsoft Office Applications (Word, Excel, PowerPoint, Access)
- Ability to learn and utilize actuarial software systems
- Must be extremely detail oriented, analytical and be able handle multiple projects
- Strong problem-solving skills that include advanced analytical and reasoning abilities
- Demonstrate ability to apply actuarial principles to complex situations
- Team player who has the ability to function as a key member of a small group
- Self-starter who demonstrates strong initiative and is able to operate efficiently in unpredictable and challenging project environments
- Excellent verbal, written, interpersonal, and presentation skills
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.
Join our employee-centric hybrid work environment: fglife.com/about/culture.html
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 an Iowa Top Workplace1 and a proud equal opportunity employer, F&G employees 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.
1Des Moines Register Top Workplaces 2018-2021.
Link:Â https://topworkplaces.com/company/fidelity-guaranty-life/desmoinesregister/
Date Posted
09/08/2022
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