Associate Actuary

Job Summary F&G is hiring for an Associate Actuary on the Inforce Management team to complete profitability analytics. This position is responsible for the capital, reinsurance, and analysis to support management planning and decision-making in accordance with established guidelines and profitability targets to achieve F&G’s product strategy. The position is expected to interact with the pricing, modeling, reinsurance, and finance teams as well as others across disciplines and functions. Duties & Responsibilities - Collaborate with pricing, modeling, reinsurance, and company management to analyze pricing for annuity business - Responsible for the analysis and evaluation of product profitability by: - Conducting pricing, projections, or analysis to support evaluation of reinsurance agreements - Assessing and updating metrics used to evaluate product profitability - Evaluating potential capital impacts of pricing or product decisions - Creating summary of product profitability - Make informed decisions based on a thorough understanding of product, profitability, reinsurance impacts, capital utilization, and risk - Update files, create documentation, and ensure appropriate model governance procedures are followed - Create analysis of products and recommendations for use in company planning or forecasting - Support the integration of new products, reinsurance treaties, and other updates to pricing metrics and management reporting - Develop and implement enhancements to create repeatable and scalable processes 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 - Technical skills including experience with Microsoft Office applications (Word, Excel, Powerpoint), programming languages (VBA, R), modeling tools (Alteryx), and actuarial software (AXIS) preferred - Strong problem-solving skills with analytical and reasoning abilities - Ability to apply actuarial principles to work product - Unconditional integrity and commitment to delivering accurate information on schedule - Demonstrated ability to proactively identify issues and to support project decisions to achieve desired outcomes - Ability to organize and prioritize tasks, and independently work in a very agile environment and with tight deadlines - Self-starter who demonstrates strong initiative and is able to operate efficiently in changing environments, managing the delivery of projects in addition to individual tasks and processes - Ability to collaborate with technical and non-technical audiences at various levels, either through verbal or written forms of communication Minimum Qualifications - Bachelor's degree in mathematics, actuarial science or related degree or equivalent experience - ASA required - 2+ years of relevant experience - Experience within various actuarial functions with an understanding of pricing, capital, reinsurance, and/or financial metrics - Experience with and knowledge of GGY AXIS or similar actuarial modeling software - Annuity product background preferred but not required, with preference for Fixed Annuity, Fixed Indexed Annuity, or Registered Indexed Linked Annuity experience 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: 10% of the time #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 [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.