Fidelity & Guaranty Life Insurance Company

Fidelity & Guaranty Life Insurance Company specializes in providing life insurance and financial protection products designed to meet the needs of individuals and families.

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🔍 Insurance

  • Bachelor’s degree or equivalent experience required
  • ASA and MAAA certifications required, FSA preferred
  • Minimum of 7 years of related actuarial experience with progressively more responsibility with a concentration on Indexed Universal Life
  • 4+ years of experience and leadership within an Actuarial product development function with a strong understanding of product, distribution, and regulatory requirements
  • Experience with and knowledge of GGY AXIS or similar actuarial modeling software
  • Experience leading a team and providing leadership within an organizational structure and able to establish processes necessary to implement strategic vision
  • Collaboration with product leadership including Portfolio Product Manager, Distribution Leads, Marketing, and Competitive Intelligence to deliver product from concept phase through implementation
  • Responsible for the development and pricing of Life products from the concept phase through implementation by:
  • Providing preliminary pricing to support concept development
  • Creating pricing framework and filing strategy in planning phase
  • Determining product features, collaborating with Protection Segment Leadership and Risk Committees to develop awareness and ensure understanding and buy-in of implications of design and feature decisions by Actuarial leadership
  • Leading product pricing including risk analysis, pricing analysis, and product approval
  • Developing product specifications and handoff to Implementation team
  • Ownership and understanding of product, profitability, and risk to maximize profitability while achieving portfolio strategy
  • Direct pricing model build, documentation, and handoff ensuring appropriate model governance procedures are followed
  • Develop and nurture team engagement, development, and growth
  • Foster a risk aware culture within the team
  • Encourage, develop, and drive enhancements to create repeatable and scalable processes
Posted 5 days ago
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📍 United States, Canada

🧭 Full-Time

🔍 Financial Services

  • Bachelor's Degree in Accounting or Finance
  • Minimum of 2 years experience in investment accounting and financial reporting
  • Knowledge of STAT and GAAP investment accounting
  • Support investment portfolio forecasting and analysis
  • Enhance performance reporting and provide key attribution insights
  • Prepare monthly reporting packages for executive leadership

ReportingBudgetingFinancial analysisPowerPoint

Posted about 1 month ago
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🔍 Insurance

  • Bachelor’s degree in mathematics, statistics, finance, actuarial science or related field
  • 7+ years of investments hedging experience
  • 5+ years of experience related to interest rate derivatives (bond forwards, interest rate swaps, and futures),addressing unique needs of insurance
  • Strong capabilities in Microsoft Excel (VBA) and SQL
  • Develop interest rate derivative strategies
  • Assist in the management of interest rate derivatives portfolio
  • Analyze financial markets and collaborate with other teams
  • Develop and recommend hedge strategies using derivatives instruments
  • Monitor current hedge strategies and derivatives instruments to optimize risk/profitability objectives
  • Develop analytics required to manage an interest rate derivatives portfolio
Posted about 1 month ago
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🧭 Full-Time

🔍 Finance

  • 10+ years of advanced programming experience, including VBA, MATLAB, Python, C#, or Java.
  • Extensive experience with relational database systems (e.g., SQL Server, MS Access).
  • 10+ years of experience in derivatives modeling, risk analysis, and application development, with a focus on options, swaps, currency, bond forwards, swaptions, and other complex derivative instruments.
  • CFA/FRM/CQF designations preferred.
  • Life and annuity business experience required, with understanding of statutory (STAT) and GAAP accounting principles.
  • Partner with the VP, Hedging Strategy in defining the risk strategy for the derivatives portfolio, aligned with company objectives. This includes developing both general account hedging strategies as well as hedging the liability options embedded in our products.
  • Own advanced valuation models, risk analytics, and decision-support tools for derivatives trading.
  • Lead macro trade strategy ideation designed to manage ALM, earnings, capital and market volatility while maintaining effective risk coverage and reducing hedge costs.
  • Oversee systems and processes related to derivative portfolio analytics, with a focus on complex instruments such as options, swaps, currency, bond forwards, and swaptions.
  • Drive initiatives to enhance system performance, ensuring the accuracy of derivative models and automating processes like pricing and reconciliation.
  • Quickly learn the proprietary, in-house valuation system, leading efforts to enhance its scalability, performance, and model integration.
  • Collaborate with IT, the Director, Quantitative Analytics, and other Quantitative Analysts to ensure the system aligns with future business needs, applying best practices in architecture and system design.
  • Lead the research and development of complex derivative pricing methodologies and estimate parameters for pricing models, with a focus on sophisticated derivative structures such as exotic options (e.g., Cliquets), bond forwards, interest rate swaps, currency and swaptions.
  • Take ownership of the derivative pricing models using advanced frameworks such as Bates jump diffusion models, Heston models, local volatility models, and Monte Carlo simulations for enhanced pricing accuracy and risk assessment.
  • Oversee model validation and performance testing, providing strategic insights for continuous model refinement.
  • Provide leadership in supporting actuarial teams by delivering detailed analytics, such as option cost projections and budget analysis for new annuity products.
  • Propose hedging strategies for liability hedging of Fixed Indexed Annuities (FIA), Indexed Universal Life (IUL), and Registered Index-Linked Annuities (RILA), as well as general account ALM and macro hedging strategies.
  • Monitor and compare model valuations daily, generating reports to ensure consistency and performance.
  • Lead the ongoing development, enhancement, and maintenance of the custom, in-house derivatives valuation system, updating it for new products and pricing models as required.
  • Design and extend the system infrastructure to accommodate future model developments, ensuring it scales with the company's growth and evolving needs.
  • Drive improvements in code efficiency and deliver innovative solutions for evolving business needs, including product changes.
  • Generate ad-hoc reports using SQL and other data tools to support derivative trading decisions and risk management.
  • Oversee the development and automation of key processes such as pricing sheets, reconciliation workflows, and reporting, driving operational efficiency.
  • Take ownership of strategic initiatives in partnership with actuarial, finance, investments, and risk to support asset-liability management (ALM), liquidity risk measurement, and overall portfolio management.
  • Lead responses to regulatory and internal risk management requirements, ensuring compliance and effective risk oversight of pricing models.
  • Propose strategic trades, including macro-level transactions, leveraging strong business acumen, accounting principles, and deep market knowledge.
  • Demonstrate an ownership mentality, working closely with IT and other stakeholders to achieve system objectives and strategic goals.
  • Prioritize and manage multiple complex tasks and projects, ensuring timely delivery and execution in a fast-paced environment with limited oversight.
Posted 4 months ago
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🔥 General Application
Posted 5 months ago

📍 United States, Canada

🔍 Insurance

  • Compliance with federal and state disability laws
  • Ability to provide reasonable accommodations
  • Offer flexible work arrangements
  • Support a collaborative and dynamic workplace
  • Implement values that strengthen the company
Posted 5 months ago
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