Actuary, Filing & Product

fidelityguarantylife; United States; Hybrid; USD 120,000 - 180,000; Full time

Job summary

Fidelity & Guaranty Life (F&G) seeks an experienced Filing & Product Actuary to lead design, contract development, and filings for Fixed, Fixed Indexed, and RILA annuity products. You will partner with Legal, Compliance, Product Development, Marketing, and external actuarial partners to ensure compliant, well-designed products in force.

The role emphasizes actuarial pricing, contract drafting, regulatory responses, and in-force management with extensive interaction across teams.

Qualifications

• Bachelor's degree in mathematics, actuarial science or related field.
• 5+ years of actuarial experience with at least 3 years in progressive product roles in insurance.
• ASA and MAAA credentials; FSA is preferred.

Responsibilities

• Lead actuarial design, analysis, contract development, and filing support for fixed and indexed annuities.
• Evaluate new product concepts, conduct actuarial research, and support compliance.
• Draft contracts and rider forms with Pricing Actuary, Compliance, and Product teams.
• Prepare filing materials, variability statements, and reserve demonstrations.
• Provide feasibility analysis and pricing-related product specifications; support implementation.

Skills

Actuarial pricing

Annuity products

MS Office

Communication skills

Education

ASA

MAAA

FSA preferred

Job description

Job Summary

The Filing & Product Actuary leads the design, contract development, and regulatory filing of Fixed, Fixed Indexed, and RILA annuity products. This role provides actuarial expertise throughout the product lifecycle, including policy and rider drafting, filing material preparation, regulatory response, product feasibility analysis, pricing documentation, and implementation support.

The position partners closely with Legal, Compliance, Product Development, Marketing, Distribution, and external actuarial partners to ensure products are accurately designed, compliant, effectively implemented, and appropriately managed in force.

Duties & Responsibilities

• Lead actuarial design, analysis, contract development, and filing support for Fixed, Fixed Indexed, and RILA annuity products.
• Evaluate new product concepts, conduct actuarial research, recommend product enhancements, and support compliance with state and federal requirements.
• Draft annuity contract and rider forms in partnership with Pricing Actuary, Compliance, Product Development, and Product Implementation.
• Prepare and maintain actuarial filing materials, including memoranda, Statements of Variability, non-forfeiture and reserve demonstrations, and regulatory objection responses.
• Provide product feasibility analysis, valuation and non-forfeiture expertise, and recommendations on product design and contract language.
• Develop pricing-related product specifications and reports; support sales illustration and administrative system implementation; and collaborate on in-force product management.
• Supervisory Responsibilities: This role does not have formal people leadership responsibilities but may provide guidance, mentorship, or subject matter expertise to others.

Knowledge, Skills & Abilities

• Advanced proficiency in Microsoft Office applications, including Word, Excel, PowerPoint, and Access.
• Strong actuarial, pricing, and annuity product knowledge, with the ability to apply actuarial principles to complex business situations.
• Advanced analytical, problem-solving, technical, and organizational skills.
• Clear and effective written, verbal, interpersonal, and presentation skills, including the ability to communicate with all levels of management.
• Proactive, collaborative team player with the ability to identify issues, influence project decisions, and drive desired outcomes in complex environments.
• Self-directed and adaptable, with strong initiative, sound judgment, integrity, and a commitment to delivering accurate, timely work.

Minimum Qualifications

• Bachelor's Degree Mathematics, actuarial science or related degree
• 5+ year of relevant experience Actuarial experience, with at least 3 years of experience in progressively responsible product positions in the insurance industry
• ASA and MAAA. Preferred FSA.

Other Requirements

• This position primarily involves sedentary work, requiring long periods of sitting, regular use of a computer, and occasional standing or walking, with reasonable accommodations available.
• Perform other functions, duties and projects as assigned
• Regular and punctual attendance
• Ability to travel up to: 10% of the time
• #LI-JB1
• #LI-Remote

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, you'll 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 [e-mail].

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 life's unexpected events.

As a national Top Workplace 1 , an Iowa Top Workplace 2 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.

1 Top Workplaces USA 2022 - 2023

2 Des Moines Register Top Workplaces 2018 - 2022