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F&G

Actuarial Associate

Job Description

The Role Supports GAAP or Statutory/Tax actuarial valuation and financial reporting for life insurance and annuity products. Responsibilities include monthly reserve production, reserve movement analysis, valuation control maintenance, actuarial program updates for new products and regulations, and related projects. The role requires five completed ASA examinations, at least one year of actuarial experience, strong analytical and technical skills, and familiarity with actuarial modeling software such as
GGY-AXIS.
Summary Generated by Built In 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. 1 Top Workplaces
USA 2022 - 2023 2
Des 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. Read Full Description 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. About This Summary 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. Learn more about F&G's Compensation & Benefits → F&G Insights What's It Like to Work at F&G? F&G Culture & Values F&G Career Growth & Development What's the Work-Life Balance Like at F&G? F&G Leadership & Management F&G Company Growth, Stability & Outlook View all jobs at F&G View F&G Profile Report Job

Benefits

  • Paid Time Off (PTO)
  • Volunteer Time Off (VTO)
  • 401(k) Plans
  • Professional Development
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