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Associate Actuary

2 months ago

Des Moines, Iowa, United States Fidelity & Guaranty Life Insurance Company Full time
Job Summary

Fidelity & Guaranty Life Insurance Company is seeking an experienced Associate Actuary to join our Actuarial Models team. The successful candidate will be responsible for developing and maintaining actuarial models used in the company's valuation, pricing, inforce management, asset liability management, and planning processes.

Key Responsibilities
  • Collaborate with cross-functional teams to understand required changes to Corporate AXIS models and implement model updates in a timely and efficient manner.
  • Maintain comprehensive model documentation and execute model change management processes in accordance with established governance policies and procedures.
  • Prepare Corporate AXIS models for regularly scheduled production runs and ensure accurate and timely delivery of results.
  • Provide technical model support and training to other actuarial users within the organization.
  • Develop and enhance processes to improve efficiency, effectiveness, and scalability.
  • Interact with various stakeholders, including IT, reinsurance, internal audit, and external groups such as software vendors and consultants.
Requirements
  • Bachelor's Degree in Actuarial Science, Mathematics, Statistics, or a related field.
  • ASA designation.
  • 4+ years of related actuarial experience.
  • Experience with AXIS or similar actuarial modeling software is required.
  • Experience with Fixed Indexed Annuity, Indexed Universal Life, or Pension Risk Transfer lines of business, or reinsurance thereon, is preferred.
Skills and Abilities
  • Strong problem-solving and analytical skills, including the ability to quickly learn new concepts and technical tools.
  • Self-starter with strong initiative and a desire to enhance tools and processes.
  • Ability to adapt rapidly to a dynamic work environment and handle multiple responsibilities simultaneously.
  • Strong technical skills, including the ability to independently implement changes and troubleshoot issues.
  • Team player with strong verbal and written communication skills.