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 businessResponsible for the analysis and evaluation of product profitability by:Conducting pricing, projections, or analysis to support evaluation of reinsurance agreementsAssessing and updating metrics used to evaluate product profitabilityEvaluating potential capital impacts of pricing or product decisionsCreating summary of product profitabilityMake informed decisions based on a thorough understanding of product, profitability, reinsurance impacts, capital utilization, and riskUpdate files, create documentation, and ensure appropriate model governance procedures are followedCreate analysis of products and recommendations for use in company planning or forecastingSupport the integration of new products, reinsurance treaties, and other updates to pricing metrics and management reportingDevelop 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) preferredStrong problem-solving skills with analytical and reasoning abilitiesAbility to apply actuarial principles to work productUnconditional integrity and commitment to delivering accurate information on scheduleDemonstrated ability to proactively identify issues and to support project decisions to achieve desired outcomesAbility to organize and prioritize tasks, and independently work in a very agile environment and with tight deadlinesSelf-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 processesAbility 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 experienceASA required2+ years of relevant experienceExperience within various actuarial functions with an understanding of pricing, capital, reinsurance, and/or financial metricsExperience with and knowledge of GGY AXIS or similar actuarial modeling softwareAnnuity 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 assignedRegular and punctual attendance Ability to travel up to: 10% of the time 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 Notice for all Applicants who are California residents under the California Privacy Rights Act. Please click here to review the policy.