Actuary, Model Validation
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Job Location:
Des Moines, IA - USA
Monthly Salary:
Not Disclosed
Posted on:
4 days ago
Vacancies:
1 Vacancy
Job Summary
Job Summary
Actuary Model Validation develops and maintains our Microsoft Excel based model validation tools for various use cases and product lines. The tools are essential to our governance process and need to be maintained in an efficient manner. This role will also ensure that we look for ways to continue to gain efficiencies in the process possibly utilizing additional applications.
This position reports to the AVP Model Validation and will manage 1-2 actuarial resource including responsibilities for developing the actuarial staff.
Duties and Responsibilities
- Collaborating with various teams to understand required changes to Corporate AXIS models used for pricing inforce management ALM and valuation purposes
- Independently updating the Microsoft Excel validation tools to incorporate the necessary changes using model change management controls and efficient programming algorithms
- Ensure validation tools are developed and maintained using efficient methods
- Serving as the F&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
- Developing and driving enhancements to create repeatable and scalable processes
- Maintaining comprehensive documentation
- Fostering a risk aware culture within the team
- 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.
Experience and Education Requirements
- Bachelors degree in mathematics statistics actuarial science or related field
- FSA preferred
- 5 years of related actuarial experience
- Experience with and knowledge of reporting and modeling of US Statutory and US GAAP reporting preferred
- Experience with Fixed Indexed Annuity Registered Index-Linked Annuity or Indexed Universal Life or reinsurance thereon preferred
- Experience with and knowledge of AXIS or similar actuarial modeling software preferred
Knowledge Skills & Abilities
- Extensive experience with Microsoft Excel
- Experience with VBA Python R or other programming languages preferred
- Strong problem-solving skills that include advanced analytical and reasoning abilities
- Demonstrate ability to apply actuarial principles to complex situations
- Unconditional integrity and commitment to delivering accurate information on schedule
- Team player with demonstrated ability to proactively identify issues and to influence key project decisions to achieve desired outcomes
- Self-starter who demonstrates strong initiative and is able to operate efficiently in unpredictable and challenging project environments
- Excellent verbal written interpersonal and presentation skills (including communicating with and presenting to all levels of management)
Physical Demands and Work Environment
- Regular and punctual attendance
- Some travel required (less than 10%)
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Additional Information
Work Environments
F&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 youll work with your leader to decide what works best for your role.
F&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&G. If reasonable accommodation is needed to participate in the job application or interview process please contact
Join our employee-centric hybrid work environment: F&G Careers
About F&G
Since 1959 Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during lifes unexpected events.
As a national Top Workplace1 an Iowa Top Workplace2 and a proud equal opportunity employer F&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.
1Top Workplaces USA
2Des Moines Register Top Workplaces
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Key Skills
- Python
- C/C++
- Fortran
- R
- Data Mining
- Matlab
- Data Modeling
- Laboratory Techniques
- MongoDB
- SAS
- Systems Analysis
- Dancing
About Company
F&G offers life insurance and annuities to help you plan and protect your future. We value collaboration, authenticity, dynamics and empowerment.
