Summary
Join F&G as a Summer 2027 intern and gain relevant experience, professional development and incredible networking at a growing company. The Investment Accounting team is responsible for the accounting and reporting on all invested assets totaling about $25 billion. Accounting records are maintained on both a U.S. Statutory basis and a U.S. GAAP basis. The Investment Accounting Intern will perform a variety of tasks to assist in the monthly and quarterly close process, various investment-related reconciliations, and other responsibilities required for GAAP and Statutory reporting.
Organization
The Intern will report to the Senior Investment Accountant. They will work with other members of the Investment Accounting team when performing assigned work.
Duties and Responsibilities
The range of tasks to be performed may include, but may not be limited to, the following:
- Assisting with general ledger account reconciliations
- Preparing reconciliations related to mortgage loans, derivatives, pledged collateral, and other investment types as assigned
- Preparing journal entries and supporting analysis
- Assisting with the credit watchlist process
- Assisting with the requests of both internal and external auditors
- Assisting with ad hoc requests, special projects and other duties related to investment accounting, as assigned
Experience and Education
- Accounting or Finance degree major
- GPA of 3.0 or greater (on a 4.0 scale) within major
- Interest in a career within financial services industry preferred
Skills and Abilities
- Strong interpersonal and communication (verbal and written) skills
- Highly motivated and demonstrated ability to take initiative
- Willingness to learn
- Ability to work as part of a team with professionals at all levels
- Ability to work on multiple tasks
- Organizational and time management skills
- Intermediate/advanced skills in Microsoft Office Suite (e.g., Excel, Word)
- Ability to maintain confidentiality
- Ability to create complete and accurate documentation of work performed
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
Notice for all Applicants who are California residents under the California Privacy Rights Act. Please click here to review the policy.
Skills Required
- Accounting or Finance degree major
- Minimum 3.0 GPA within major on a 4.0 scale
- Intermediate or advanced Microsoft Office Suite skills, including Excel and Word
- Strong verbal and written interpersonal communication skills
- Ability to take initiative and work independently
- Willingness to learn
- Ability to work as part of a team with professionals at all levels
- Ability to manage multiple tasks
- Organizational and time management skills
- Ability to maintain confidentiality
- Ability to create complete and accurate documentation of work performed
- Interest in a career within the financial services industry
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.
-
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.
-
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.
-
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
Similar Jobs
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.
