Job Summary
The Actuarial Assistant is responsible for providing expert actuarial advice/support. This position willl 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.
Organization
The Actuarial Assistant will be a part of F&G's Actuarial Student Rotation Program and support various actuarial teams for F&G Annuities & Life.
Duties and 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
Experience and Education Requirements
- Bachelor’s degree in Mathematics, Actuarial Science, or related technical field
- 0-2 years’ experience preferred with an actuarial internship preferred
- 0-4 actuarial exams passed preferred with an interest in pursuing FSA
- Strong technical, analytical, organizational, computer, and team skills
- Indexed Universal Life or Fixed indexed annuity knowledge preferred but not required
- Exposure to GGY AXIS or similar actuarial modeling software preferred
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
Other Requirements
- Perform other functions, duties and projects as assigned
- Regular and punctual attendance
- Minimal Travel Required
#LI-JB1
#LI-Remote
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.
Similar Jobs
What you need to know about the Colorado Tech Scene
Key Facts About Colorado Tech
- Number of Tech Workers: 260,000; 8.5% of overall workforce (2024 CompTIA survey)
- Major Tech Employers: Lockheed Martin, Century Link, Comcast, BAE Systems, Level 3
- Key Industries: Software, artificial intelligence, aerospace, e-commerce, fintech, healthtech
- Funding Landscape: $4.9 billion in VC funding in 2024 (Pitchbook)
- Notable Investors: Access Venture Partners, Ridgeline Ventures, Techstars, Blackhorn Ventures
- Research Centers and Universities: Colorado School of Mines, University of Colorado Boulder, University of Denver, Colorado State University, Mesa Laboratory, Space Science Institute, National Center for Atmospheric Research, National Renewable Energy Laboratory, Gottlieb Institute
