Actuarial Assistant
About this role
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 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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