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
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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 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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Skills Required
- Bachelor's degree in mathematics, actuarial science, or a related technical field
- Successful completion of five ASA examination requirements
- At least one year of related actuarial experience
- Strong technical, analytical, organizational, computer, and teamwork skills
- Knowledge of Microsoft Office applications, including Word, Excel, PowerPoint, and Access
- Experience with indexed products
- Exposure to GGY-AXIS or similar actuarial modeling software
- Effective verbal and written communication skills
F&G Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about F&G and has not been reviewed or approved by F&G.
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Retirement Support — Retirement program features a strong 401(k) match that supports long‑term savings. Access to additional programs like an employee stock purchase plan further enhances wealth‑building options.
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Leave & Time Off Breadth — Time‑off offerings include paid time off, company holidays, and paid new‑parent leave for all parents. Added practices like Flex Fridays and volunteer time off broaden the overall leave experience.
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Healthcare Strength — Coverage spans medical, dental, vision, disability, life/AD&D, and an EAP, with specialized provisions such as gender affirming care and infertility support. Travel and lodging assistance for out‑of‑state care underscores the breadth of protections.
F&G Insights
What We Do
Established in 1959, F&G is headquartered in Des Moines, Iowa, and offers unique life insurance and annuity solutions to meet individual financial security needs through a national network of financial professionals. Our products have protected over 700,000 people across the United States. F&G is a company of individuals who believe in the power of partnerships, encourage innovation and creativity, and are transparent about decisions while delivering on their commitments. These values allow F&G to help you turn your aspirations into reality.
