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Senior Associate Actuary - Remote

Posted 7 days ago

F.G.L.I.C

Fidelity & Guaranty Life Insurance Company

Finance / Legal
Full Time
Worldwide

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Overview

The Sr. Associate Actuary role primary responsibility is to support the GAAP Actuarial Valuation and Financial Reporting procedures for Fidelity & Guaranty Life. This position will be a subject matter expert for GAAP valuation processes of the Fixed Index Annuity and Deferred Annuity lines of business. All valuation processes need to be performed in a highly controlled environment; position will maintain, enhance and review the various quarterly controls.

In Short

  • Establish reserves and related balances for Fixed Index Annuity and Deferred Annuity lines of business under GAAP.
  • Ensure compliance with federal and state valuation regulations.
  • Review and analyze quarterly reserve/balance movements.
  • Monthly production of reserves for GAAP valuation.
  • Preparation, review, and analysis of reserve movements.
  • Maintenance and enhancement of valuation controls.
  • Maintain valuation programs for new products and regulations.
  • Stay updated on new regulations and requirements.

Requirements

  • Bachelor's degree in mathematics, actuarial science or related field.
  • ASA required; FSA and MAAA preferred.
  • 4+ years actuarial experience.
  • Understanding of insurance company income statements and balance sheets.
  • Experience with valuation of indexed products.
  • Knowledge of GGY-AXIS or similar actuarial software preferred.

Benefits

  • Flexible work environment (in-office, hybrid, remote).
  • Employee-centric culture.
  • Opportunities for professional development.
  • Supportive team environment.

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