Actuary for Inforce Management

1 week ago


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

Position Summary

The Actuary for Inforce Management plays a crucial role in the creation and ongoing enhancement of standard and analytical reports concerning the financial and risk performance of various inforce product segments. This role will assist the Inforce Management team in pinpointing and executing cross-departmental initiatives based on insights derived from reports and analyses. It is important to note that this position does not engage in rate-setting or formal actuarial repricing activities.

This role reports directly to the AVP of Inforce Management and may oversee one to two team members.

Key Responsibilities

  • Develop management reports focused on the inforce business segments.
  • Collaborate with both actuaries and non-actuaries to investigate and draw conclusions regarding inforce segments.
  • Identify and pursue opportunities to enhance the financial or risk standing of inforce segments, independent of renewal rate setting or repricing.
  • Guide team members through iterative report creation and both quantitative and qualitative analyses.
  • Foster team engagement, development, and growth.
  • Promote a culture of risk awareness within the team.
  • Implement improvements to establish repeatable and scalable processes.

Qualifications and Experience

  • Bachelor's degree in mathematics, actuarial science, or a related field, or equivalent experience.
  • ASA and MAAA certifications; FSA preferred.
  • 5+ years of actuarial experience with increasing responsibility, particularly in Individual Annuities and/or Individual Life Insurance products.
  • Experience in actuarial product development, financial reporting, or reinsurance is preferred.

Skills and Competencies

  • Exceptional problem-solving skills, including advanced analytical and reasoning capabilities.
  • Unwavering integrity and a commitment to delivering precise information on time.
  • Proactively identifies challenges and influences key project decisions to achieve desired results.
  • Effectively manages project delivery alongside individual tasks in unpredictable environments.
  • Communicates effectively with both technical and non-technical audiences at all levels, through verbal and written means.

Additional Requirements

  • Perform other duties and projects as assigned.
  • Maintain regular and punctual attendance.
  • This position does not require travel.

Work Environment

Fidelity & Guaranty Life Insurance Company values an employee-centric flexible work environment, offering options for in-office, hybrid, and remote work arrangements. During the hiring process, candidates will collaborate with their leaders to determine the best work arrangement for their roles.

About Fidelity & Guaranty Life Insurance Company

Since its inception, Fidelity & Guaranty Life Insurance Company has been dedicated to providing annuity and life insurance products that offer security in retirement and protection during unforeseen life events. As a recognized Top Workplace, F&G empowers its team members to be collaborative, dynamic, and authentic, believing that these values contribute to a strong company culture and a great workplace.



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