F&G · 1 month ago
AVP, ALM Model Architect
Fidelity & Guaranty Life Insurance Company (F&G) is a leading provider of annuity and life insurance products. They are seeking an AVP, ALM Model Architect to lead the design and implementation of a next-generation ALM platform, focusing on modernizing model architecture and enhancing enterprise-level analytics.
Financial ServicesInsurance
Responsibilities
Serve as the architect and overall technical lead for the ALM Model build, designing a unified ALM model framework that supports GAAP, Stat, and Economic financial reporting
Translate strategic objectives into a clearly defined multi-year build roadmap and deliverable plan
Lead collaboration with VP-level leaders across ALM, Modeling, Finance, and Risk to ensure the model supports forecasting, risk, and capital management needs
Oversee ALM tool evaluations and design the future-state runtime architecture
Direct design and development of the ALM Model architecture, ensuring efficiency, scalability, and integration with existing data sources
Implement clear governance for assumptions, inputs, and methodology across all key use cases (stress testing, duration, MYP, and economic capital)
Establish streamlined user acceptance testing and change-management procedures in line with Model Risk Management (MRM) standards
Manage internal and external resources to execute program deliverables, ensuring balanced timelines and workload
Lead documentation and build transparency for ALM Model design, assumptions, and testing approach
Facilitate knowledge transfer and internal training to build sustainable capability beyond the build phase
Deliver regular status, milestone, and risk updates to senior leadership providing analysis and recommendations at key decision points
Identify and implement continuous improvement opportunities for modeling processes, data flows, and system integrations to drive efficiency and resilience
Promote collaboration and accountability across cross-functional teams and mentor team members on technical and professional development
Qualification
Required
Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Finance, or related discipline required
Minimum ASA designation required
10+ years of Actuarial / ALM experience, including at least 5 years leading projection or forecasting model development
Proven experience overseeing large-scale model modernization or migrations (AXIS experience strongly preferred)
Solid understanding of investment modeling concepts, ALM analytics, liability-projection mechanics, and financial reporting frameworks (GAAP & Statutory)
Experience managing and collaborating with consultants and cross-functional teams
Brings a strategic and architectural mindset, designing for long-term scalability while maintaining a practical focus on near-term delivery
Leads teams effectively through modernization and change, communicating with clarity and purpose while fostering collaboration and trust
Demonstrates deep technical proficiency in actuarial projection modeling, ALM processes, and runtime optimization, including expert use of AXIS and working knowledge of automation tools such as Python, SQL, and Power BI
Collaborates across departments to align technical objectives with business goals, influencing and creating strong cross-functional partnerships
Focuses on results, balancing disciplined governance with agility and driving large initiatives to completion within defined milestones
Communicates complex concepts clearly to both technical and executive audiences, tailoring information to support strategic decision-making
Develops and motivates a high-performing team, emphasizing coaching, continuous learning, and accountability
Acts with integrity, transparency, and a deep commitment to accuracy and timely delivery
Pursues continuous improvement and champions innovation, adopting new tools and methods to advance modeling efficiency and organizational effectiveness
Preferred
Fellow of the Society of Actuaries (FSA)
MAAA
Benefits
Flexible environment
In-office, hybrid and remote work arrangements
Reasonable accommodations for applicants and candidates with disabilities
Company
F&G
Established in 1959, F&G is headquartered in Des Moines, Iowa, and offers unique life insurance and annuity solutions to meet individual financial security needs through a national network of financial professionals.
H1B Sponsorship
F&G has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (5)
2024 (2)
2023 (4)
2022 (7)
2021 (5)
2020 (9)
Funding
Current Stage
Public CompanyTotal Funding
$3.27BKey Investors
Fidelity National Financial
2025-01-06Post Ipo Debt· $375M
2024-10-01Post Ipo Debt· $500M
2024-05-20Post Ipo Debt· $550M
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