About this Actuarial Assistant role at Fidelity & Guaranty Life Insurance Company

Fidelity & Guaranty Life Insurance Company · Remote

Job Summary

The Actuarial Assistant is responsible for providing expert actuarial advice/support. This position will collaborate with other actuaries and professionals throughout F&G and is expected to generate charts, models, tables and other tools to represent their conclusions and present those at meetings and explain complex information in a way others can understand. This position is a part of the Actuarial Education Program and provides exam support and rotation opportunities if desired by the candidate.

Duties & 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 products
    • 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

Supervisory Responsibilities:  This role does not have formal people leadership responsibilities but may provide guidance, mentorship, or subject matter expertise to others.

Knowledge, Skills & 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

Minimum Qualifications

  • Bachelor's Degree in Mathematics, Statistics, Actuarial Science, or related technical field

Years of Experience

  • Less than 1 year of relevant experience with an actuarial internship preferred
  • 1+ actuarial exams passed preferred with an interest in pursuing FSA
  • Prior experience with modeling software preferred

Other Requirements

  • This position primarily involves sedentary work, requiring long periods of sitting, regular use of a computer, and occasional standing or walking, with reasonable accommodations available.
  • Perform other functions, duties and projects as assigned
  • Regular and punctual attendance

Ability to travel up to:  5% of the time

#LI-MB1 #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

 

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About Fidelity & Guaranty Life Insurance Company

F&G is committed to helping Americans prepare for and live comfortably in their retirement. F&G is a leading provider of annuity and life insurance products. For nearly 60 years, we have offered annuity and life insurance products to those who are seeking safety, protection and income solutions to meet their needs.

At F&G, we believe our culture is what makes our company great. We received a Top Workplace award, which we credit to our employees' shared cultural values: Collaborative, Authentic, Dynamic and Empowered. We believe that by embracing these values, we will continue to build and strengthen the company, while being a great place to work. We recruit talented and committed individuals to join our team, and we provide opportunities for personal and professional growth.

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