Director, Capital Advisory

fidelityguarantylife; United States; Hybrid; USD 150,000 - 230,000; Full time

Benefits offered by this job

Flexible work options

Job summary

Fidelity & Guaranty Life seeks a Director, Capital Advisory with deep investment expertise to drive enterprise-wide capital decisions for the life & annuity business. You will evaluate opportunities, model capital impact, and provide strategic guidance to senior leadership on capital deployment and reinsurance transactions.

You will partner with actuarial, investment, and regulatory teams, delivering rigorous analysis and scalable frameworks that support the organization's balance sheet strength

Qualifications

• Deep knowledge of fixed income markets and insurance general account investment strategy.
• Experience in capital management and regulatory capital frameworks is preferred.
• Strong analytical, numerical and communication skills required.

Responsibilities

• Lead capital evaluation of investment opportunities, portfolios, and reinsurance structures.
• Develop models and decision-support to compare capital consumption, return, risk and liquidity.
• Collaborate with actuarial, treasury, regulatory and legal teams to integrate capital deployment strategies.

Skills

Fixed income

Structured credit

Investment strategy

Capital management

Quantitative analysis

Financial modeling

Regulatory awareness

Education

Bachelor's Degree

Bachelor's degree in Accounting, Finance, Actuarial, Business, or related field

Tools

Excel

Job description

The Director, Capital Advisory brings deep investment expertise to bear on enterprise-wide capital decisions within the life & annuity business. This role evaluates new investment opportunities, structured transactions, and asset strategies through the lens of capital efficiency and risk-adjusted return, while partnering closely with actuarial, reinsurance, and regulatory teams to ensure decisions are fully integrated into the organization's broader capital allocation strategy. Serving as a key connective point between the investment function and enterprise capital management, this individual supports senior leadership with analysis and recommendations on capital deployment, reinsurance transactions, and emerging regulatory developments - bringing an investment-first perspective to decisions that shape the company's balance sheet and long-term financial strength.

This position reports to the VP, Head of Capital Management, collaborates closely with actuarial, investment, reinsurance and regulatory teams across the organization while remaining highly hands-on with core analytical deliverables.

Duties & Responsibilities

Capital Evaluation of Investment Opportunities

• Lead evaluation of capital related impacts to assess new asset classes, structured transactions and portfolio strategies for their capital efficiency and impact on capital
• Conduct capital impact modeling for proposed investment changes including sensitives and scenario analysis
• Develop analytical frameworks and decision support that enable consistent comparison of investment opportunities on capital consumption, return, risk and liquidity

Regulatory

• Monitor and interpret regulatory developments affecting Risk Based Capital (RBC)
• Translate regulatory change into capital impact analysis for leadership, distinguishing between statutory, rating agency, and internal economic capital effects
• Partner with regulatory affairs, actuarial, and legal teams to assess implications of proposed or finalized rule changes
• Identify emerging changes in capital frameworks, investment treatments and industry practices that may create capital optimization opportunities or risks for F&G

Strategic Analysis & Capital Allocation Evaluation

• Develop and maintain frameworks for evaluating risk-adjusted return on capital across investment strategies, reinsurance structures, and new business opportunities
• Translate investment strategy and market complexity into capital-efficient recommendations for senior leadership and the capital allocation governance process
• Partner with actuarial, treasury, and finance to synthesize investment, reinsurance, and regulatory inputs into unified capital deployment recommendations

Reinsurance Transaction Support

• Lead capital evaluation of proposed reinsurance transactions
• Conduct capital impact modeling on new reinsurance transaction and affirm desired outcome achieved following implementation

Process Enhancements

• Identify opportunities to enhance Capital Management processes, reporting capabilities, and operating effectiveness through improved tools and analytics.
• Identify opportunities to leverage automation, data, and emerging analytical technologies to improve Capital Management effectiveness

Ad hoc requests

Knowledge, Skills & Abilities

Deep knowledge of fixed income markets, structured credit and insurance general account investment strategy.

Working knowledge of reinsurance structures and regulatory capital frameworks.

Strong communication, organization and interpersonal skills are necessary to establish and maintain effective working relationships with others.

Strong intuitive, analytical, quantitative, and financial modeling capabilities.

Ability to handle multiple complex tasks and prioritize in a fast-paced environment.

Ability to direct a multi-departmental team toward a common goal

Expertise to improve processes and utilize technology to make procedures and processes more efficient.

Excellent Excel and Microsoft Office skills

Minimum Qualifications

Education Level

• Bachelor's Degree
• Bachelor's degree in Accounting, Finance, Actuarial, Business, or related field

Years of Experience

• 5+ year of relevant experience
• 5+ years professional finance including capital management
• 3+ years of investment related experience

Preferred Qualifications

Education Level

• MBA, CPA, or CFA strongly preferred

Years of Experience

• Experience evaluating or structuring complex investment transactions (private placements, structured credit, alternative assets) required; direct experience with reinsurance transactions or capital modeling is a plus but not required

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