Actuary, Inforce Management

Summary

Join Fidelity & Guaranty Life Insurance Company (F&G) as an Actuary, Inforce Management, responsible for analyzing customer behavior, recommending assumptions for pricing and modeling, and developing reports on inforce products. You will enhance departmental processes, maintain knowledge of industry experience, and collaborate with actuaries and non-actuaries on investigations. This role involves identifying opportunities to improve the financial or risk position of inforce blocks and guiding direct reports. The position reports to the AVP, Inforce Management, and may involve supervising one to two direct reports. The ideal candidate will have a Bachelor's degree in a related field, ASA and MAAA certifications (FSA preferred), and 5+ years of actuarial experience with individual annuities and/or life insurance products. F&G offers a flexible work environment with in-office, hybrid, and remote work arrangements.

Requirements

• Bachelor's degree in mathematics, actuarial science or related degree or equivalent experience
• ASA and MAAA certifications; FSA Preferred
• 5+ years actuarial experience with progressively more responsibility with a concentration on Individual Annuities and/or Individual Life Insurance products
• Strong problem-solving skills that include advanced analytical and reasoning abilities
• Unconditional integrity and commitment to delivering accurate information on schedule
• Proactively identifiess issues and influences key project decisions to achieve desired outcomes
• Operates efficiently in unpredictable environments, managing the delivery of projects in addition to individual tasks and processes
• Collaborates with technical and non-technical audiences at all levels, through verbal or written communication
• Perform other functions, duties and projects as assigned
• Regular and punctual attendance
• No travel is required for this position

Responsibilities

• Recommend Experience studies as well as other structural, value or methodology changes related to assumptions for the retail block to the Assumptions Committee
• Enhance departmental processes and analytical capabilities including the deployment of new analysis techniques where appropriate
• Maintain knowledge of emerging industry experience for product features and benefits pertinent to F&G inforce blocks, and integrate industry experience into assumption review process where F&G experience is less credible
• Participate in and utilize third party services and surveys to augment understanding of emerging experience and expectations of future experience, especially where F&G experience is not credible and future experience has high impact on emergence of profits
• Responsible for the development of management reports on the inforce blocks of business
• Collaborate with actuaries and non-actuaries on investigations and conclusions regarding the inforce blocks
• Identify, propose, and pursue opportunities to improve the financial or risk position of the inforce blocks outside of the scope of renewal rate setting or repricing
• Guide direct reports through iterative report development and quantitative or qualitative investigations
• Develop and nurture team engagement, development, and growth
• Support a risk aware culture within the team
• Develop enhancements to create repeatable and scalable processes

Preferred Qualifications

Experience within an Actuarial product development function, financial reporting, or reinsurance function preferred

Benefits

F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements