Actuary, Model Validation

<p><strong>Job Summary</strong></p> <p>Actuary, Model Validation develops and maintains our Microsoft Excel based model validation tools for various use cases and product lines.&nbsp; The tools are essential to our governance process and need to be maintained in an efficient manner.&nbsp; This role will also ensure that we look for ways to continue to gain efficiencies in the process, possibly utilizing additional applications.</p> <p>This position reports to the AVP, Model Validation and will manage 2 actuarial resource, including responsibilities for developing the actuarial staff.</p> <p><strong>Duties and Responsibilities</strong></p> <ul> <li>Collaborating with various teams to understand required changes to Corporate AXIS models used for pricing, inforce management, ALM, and valuation purposes</li> <li>Independently updating the Microsoft Excel validation tools to incorporate the necessary changes using model change management controls and efficient programming algorithms</li> <li>Ensure validation tools are developed and maintained using efficient methods</li> <li>Serving as the F&amp;G expert on the Corporate AXIS model validation tools by providing technical support and relevant training to other actuarial users that are internal and/or external to the team</li> <li>Developing and driving enhancements to create repeatable and scalable processes</li> <li>Maintaining comprehensive documentation</li> <li>Fostering a risk aware culture within the team</li> <li>Lead and manage actuarial staff, ensuring team goals are met while developing and implementing development initiatives to enhance the skills and knowledge of actuarial staff. Fostering a collaborative and growth-oriented environment.</li> </ul> <p><strong>Experience and Education Requirements</strong></p> <ul> <li>Bachelor’s degree in mathematics, statistics, actuarial science or related field</li> <li>FSA preferred</li> <li>5+ years of related actuarial experience</li> <li>Experience with and knowledge of reporting and modeling of US Statutory and US GAAP reporting preferred</li> <li>Experience with Fixed Indexed Annuity, Registered Index-Linked Annuity, or reinsurance thereon, preferred</li> <li>Experience with and knowledge of AXIS or similar actuarial modeling software preferred</li> </ul> <p><strong>Knowledge, Skills &amp; Abilities</strong></p> <ul> <li>Extensive experience with Microsoft Excel</li> <li>Experience with VBA, Python, R, or other programming languages preferred</li> <li>Strong problem-solving skills that include advanced analytical and reasoning abilities</li> <li>Demonstrate ability to apply actuarial principles to complex situations</li> <li>Unconditional integrity and commitment to delivering accurate information on schedule</li> <li>Team player with demonstrated ability to proactively identify issues and to influence key project decisions to achieve desired outcomes</li> <li>Self-starter who demonstrates strong initiative and is able to operate efficiently in unpredictable and challenging project environments</li> <li>Excellent verbal, written, interpersonal, and presentation skills (including communicating with and presenting to all levels of management)</li> </ul> <p><strong>Physical Demands and Work Environment</strong></p> <ul> <li>Regular and punctual attendance</li> <li>Some travel required (less than 10%)</li> </ul> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">#LI-JB1</p> <p style="margin: 0in; font-family: Calibri; font-size: 11.0pt;">#LI-Remote</p> <p>&nbsp;</p><div class="content-conclusion"><h3><strong>Additional Information </strong></h3> <p><strong>Work Environments</strong></p> <p>F&amp;G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements. During the hiring process, you'll work with your leader to decide what works best for your role.</p> <p>F&amp;G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&amp;G.&nbsp; If reasonable accommodation is needed to participate in the job application or interview process, please contact <a href="mailto:talentacquisition@fglife.com">talentacquisition@fglife.com.&nbsp;</a></p> <p>Join our employee-centric hybrid work environment: <a href="https://www.fglife.com/about/culture.html">F&amp;G Careers</a></p> <p><strong>About F&amp;G</strong></p> <p>Since 1959, Fidelity &amp; Guaranty Life Insurance Company (F&amp;G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life’s unexpected events.</p> <p>As a national Top Workplace¹, an Iowa Top Workplace² and a proud equal opportunity employer, F&amp;G team members are empowered, collaborative, dynamic and authentic. We believe that by embracing these values, we will continue to build and strengthen the company while continuing to be a great place to work.</p> <p>¹<a href="https://topworkplaces.com/company/fidelity-guaranty-life/desmoinesregister/"><strong>Top Workplaces USA 2022 – 2023 </strong></a></p> <p>²<a href="https://topworkplaces.com/company/fidelity-guaranty-life/desmoinesregister/"><strong>Des Moines Register Top Workplaces 2018 – 2022 </strong></a></p> <p>&nbsp;</p> <p><img alt="" style="max-width: 100%;">Notice for all Applicants who are California residents under the California Privacy Rights Act. Please click <a href="https://assets.fglife.com/is/content/fglife/web-assets/public-site/privacy-policy/CCPA%20Privacy%20Policy.pdf" target="_blank">here</a> to review the policy.&nbsp;</p></div>