Actuarial Assistant
Job Summary
The Actuarial Assistant is responsible for providing expert actuarial advice/support. This position will collaborate with other actuaries and professionals throughout F&G and is expected to generate charts, models, tables and other tools to represent their conclusions and present those at meetings and explain complex information in a way others can understand. This position is a part of the Actuarial Education Program and provides exam support and rotation opportunities if desired by the candidate.
Duties & Responsibilities
Analyze results demonstrating knowledge of actuarial concepts and processes.
Prepare and maintain models & reports, as well as participation in reconciliation with results.
Assist in developing answers to business questions through data.
Complete ad hoc projects as assigned on a timely basis.
The duties of this position vary depending on the actuarial team but could also include:
Support the monthly financial close process to calculate and validate Statutory, GAAP, and tax reserves and assist with financial statement preparation
Support the maintenance of the pricing models and assist in pricing of life or annuity products
Support the development and production of various experience studies used by the Company
Support the production of cash flow testing and other projection related tasks, including sensitivity tests and risk based capital projections
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
Knowledge of Microsoft Office Applications (Word, Excel, PowerPoint, Access)
Ability to learn and utilize actuarial software systems
Must be extremely detail oriented, analytical and be able handle multiple projects
Strong problem-solving skills that include advanced analytical and reasoning abilities
Demonstrate ability to apply actuarial principles to complex situations
Team player who has the ability to function as a key member of a small group
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
Minimum Qualifications
Bachelor's Degree in Mathematics, Statistics, Actuarial Science, or related technical field
Years of Experience
Less than 1 year of relevant experience with an actuarial internship preferred
1+ actuarial exams passed preferred with an interest in pursuing FSA
Prior experience with modeling software preferred
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: 5% of the time
#LI-MB1 #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 lifeβs 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 β 2023
2Des Moines Register Top Workplaces 2018 β 2022
Notice for all Applicants who are California residents under the California Privacy Rights Act. Please click here to review the policy.
The Actuarial Assistant is responsible for providing expert actuarial advice/support. This position will collaborate with other actuaries and professionals throughout F&G and is expected to generate charts, models, tables and other tools to represent their conclusions and present those at meetings and explain complex information in a way others can understand. This position is a part of the Actuarial Education Program and provides exam support and rotation opportunities if desired by the candidate.
Duties & Responsibilities
Analyze results demonstrating knowledge of actuarial concepts and processes.
Prepare and maintain models & reports, as well as participation in reconciliation with results.
Assist in developing answers to business questions through data.
Complete ad hoc projects as assigned on a timely basis.
The duties of this position vary depending on the actuarial team but could also include:
Support the monthly financial close process to calculate and validate Statutory, GAAP, and tax reserves and assist with financial statement preparation
Support the maintenance of the pricing models and assist in pricing of life or annuity products
Support the development and production of various experience studies used by the Company
Support the production of cash flow testing and other projection related tasks, including sensitivity tests and risk based capital projections
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
Knowledge of Microsoft Office Applications (Word, Excel, PowerPoint, Access)
Ability to learn and utilize actuarial software systems
Must be extremely detail oriented, analytical and be able handle multiple projects
Strong problem-solving skills that include advanced analytical and reasoning abilities
Demonstrate ability to apply actuarial principles to complex situations
Team player who has the ability to function as a key member of a small group
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
Minimum Qualifications
Bachelor's Degree in Mathematics, Statistics, Actuarial Science, or related technical field
Years of Experience
Less than 1 year of relevant experience with an actuarial internship preferred
1+ actuarial exams passed preferred with an interest in pursuing FSA
Prior experience with modeling software preferred
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: 5% of the time
#LI-MB1 #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 lifeβs 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 β 2023
2Des Moines Register Top Workplaces 2018 β 2022
Notice for all Applicants who are California residents under the California Privacy Rights Act. Please click here to review the policy.