- Microsoft Word
- Microsoft Access
FGL Holdings—the F&G family of insurance companies—is committed to helping Americans prepare for and live comfortably in their retirement. Through its subsidiaries, F&G is a leading provider of annuity and life insurance products. For nearly 60 years, we have offered annuity and life insurance products to those who are seeking safety, protection and income solutions to meet their needs.
At F&G, we believe our culture is what makes our company great. In 2018, we received a Top Workplace award, which we credit to our employees' shared cultural values: Collaborative, Authentic, Dynamic and Empowered. We believe that by embracing these values, we will continue to build and strengthen the company, while being a great place to work. We recruit talented and committed individuals to join our team, and we provide opportunities for personal and professional growth.
We are looking for an Actuary – Model Development. This position plays a lead leadership role in both the conversion from Moses to AXIS as well as the existing MoSes modeling system. As such, they serve as a primary point of contact for others within the Actuarial Team as it relates to model needs. In addition, they manage and review the work of other members of the Model Development Team and will maintain an effective control environment.
Together with the VP-Actuarial Modeling, this position will consult with various actuarial teams in support of the design and development of AXIS and understanding the needs of various constituents.
This position reports to the VP-Actuarial Modeling. This position may also manage other members of the Model Development Team and will be a key point of contact with external actuarial resources. This person will need to influence other members of the Actuarial Team without having a direct reporting relationship with them.
Duties and Responsibilities
Making sure that all requirements are well understood and documented for the AXIS modeling system.
Performs or reviews implementation of model development.
Facilitates actuarial sign-off of model testing.
Ensuring that the system is functioning optimally and efficiently.
Understands the relationships among systems for assigned business area as well as interfacing systems and recognizes the interdependencies.
Work closely with business, including IT and Financial Operations, to identify and document business needs.
Identify and document gaps in business and/or system functionality across applications.
Work with outside consultants and solution providers on business issues and needs.
Creates and maintains documentation of project work following agreed upon standards.
Help lay out roles and responsibilities within a model governance framework.
Experience and Education Requirements
Bachelor degree and 12+ years of related actuarial experience
Strong modeling background
Versed in Project/process management
Strong knowledge and experience with actuarial modeling systems
Intermediate knowledge of C++ and Visual Basic
Knowledge of industry best practices/methodologies
Understanding of importance of maintaining a strong control environment
Sound knowledge of business and technical operations preferred
Skills and Abilities
Strong ability to solve problems; Logical thinker
Strong programming and mathematical skills
Knowledge of statutory, GAAP, and tax accounting
Knowledge of general account insurance products
Very strong communication and conflict resolution skills
Self starter who can develop policies, procedures and protocol
Problem analysis and problem resolution at both a strategic and a functional level required.
Ability to organize and manage multiple priorities required.
Ability to weigh different options and to weigh risk in order to come up with best recommendation or solution to a problem.
Intermediate knowledge of Microsoft Office applications (Word, Excel, PowerPoint, Access).
Physical Demands and Work Environment
Typical office environment