Actuary, Actuarial Models
Fidelity & Guaranty Life Business Services

Job Info

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Summary

The Actuary, Actuarial Models primary responsibility is to develop and maintain actuarial models used at F&G Annuities & Life. This position is a Director level position and will be responsible for the Indexed and Fixed Universal Life Corporate AXIS model. This responsibility involves executing model change management activities subject to a rigorous model governance environment, as well as preparing the models for production runs. Interactions with various internal groups (e.g., Valuation, Pricing), as well as external groups (e.g., software vendor, consultants, auditors) are inherent to these processes. Management and development of staff individuals may also be required.

ORGANIZATION

The Actuary, Actuarial Models will report to AVP, Actuarial Models, as a Director level position but actuaries at all levels have opportunities to interact with senior leaders across disciplines and functions.

DUTIES AND RESPONSIBILITIES

The duties of the Actuary, Actuarial Models include:

• Collaborating with various teams to understand, develop and implement enhancements to Corporate UL AXIS models used for valuation, pricing, inforce management, ALM, and planning purposes
• Fostering a strong risk management culture within the organization, including maintaining comprehensive model documentation and executing model change management processes while adhering to established governance policies and procedures
• Preparing the Corporate UL AXIS models for regularly scheduled production runs
• Serving as the F&G expert on the Corporate UL AXIS models by providing technical model support and relevant training to other actuarial users within the organization
• Developing and enhancing processes to be effective and efficient, including being repeatable and scalable

Experience and Education Requirements

• Bachelor's degree in mathematics, statistics, actuarial science or related field
• ASA required, FSA strongly preferred
• 6+ years of related actuarial experience
• Experience with and knowledge of AXIS (preferred) or similar actuarial modeling software is required
• Experience within the Indexed Universal Life Insurance line of business preferred
• Experience with modeling applications that calculate or project US statutory and US GAAP quantities preferred (e.g., Valuation, Pricing, Asset Liability Management / Cash Flow Testing)

Skills and Abilities

• Extensive experience with Microsoft Office applications (Word, Excel, PowerPoint, Access)
• Strong problem-solving skills that include advanced analytical and reasoning abilities
• Demonstration of ability to apply actuarial principles to complex situations
• Unconditional integrity and commitment to delivering accurate information on schedule
• Strong project management skills, including appropriate priority setting, resource assessment, and delivery management with quality product
• Team player with demonstrated ability to proactively identify issues and to influence key project decisions to achieve desired outcomes
• 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 (including communicating with and presenting to all levels of management)

Other Requirements

• Perform other functions, duties and projects as assigned
• Regular and punctual attendance
• Ability to travel up to XX% or Some travel required (less than 10%)

#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.

1Top Workplaces USA 2022 - 2023

2Des Moines Register Top Workplaces 2018 - 2022

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