Actuarial Associate

Job Summary

This position’s primary responsibility is to support the GAAP or Statutory/Tax Actuarial Valuation and Financial Reporting procedures for Fidelity & Guaranty Life. This position will execute either the GAAP or Statutory/Tax valuation processes of designated lines of business.

This position reports to the Actuary, Actuarial Valuation or Sr. Associate Actuary.

Duties and Responsibilities

• Monthly production of reserves under the following bases: GAAP or Statutory/Tax
• Develop information for preparation, review and analysis of reserve movements
• Maintenance/enhancement and timely execution of valuation controls
• Assist in maintenance of the valuation programs for new products, new regulations, etc.
• Other projects as assigned

Experience and Education Requirements

• Bachelor’s degree in mathematics, actuarial science or related technical field
• Successful completion of five ASA examination requirements
• Minimum of one year of related actuarial experience
• Strong technical, analytical, organizational, computer, and team skills
• Experience with indexed products preferred but not required
• Exposure to GGY-AXIS or similar actuarial modeling software preferred

Skills and Abilities

• Self-starter who demonstrates strong initiative and displays a high energy level
• Team player who has the ability to function as a key member of a small group
• High degree of ownership for their areas of responsibility
• Knowledge of Microsoft Office applications (Word, Excel, PowerPoint, Access)
• Ability to learn and utilize actuarial software systems
• Effective verbal and written communication
• Typical professional office environment
• Periods of extended sitting required

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