F&G · 1 day ago
Director, Investments - Institutional Business
United States
Full-time
Remote
Senior Level, Lead/Staff
10+ years expFidelity & Guaranty Life Insurance Company (F&G) is seeking a Director of Investments for their institutional business. This role involves leading investment-related deliverables, providing strategic support to portfolio managers, and overseeing portfolio management to ensure alignment with business growth and capital efficiency.
FinanceProperty & Casualty InsuranceFinancial ServicesInsurance
Responsibilities
Analyze actual versus expected investment deployment related to new business flows; independently identify deviations, diagnose root causes, and recommend corrective actions
Maintain an enterprise-level view of portfolio liquidity, cash positioning, and reinvestment capacity across products, legal entities, and asset classes
Monitor portfolio runoff, liquidity needs, and reinvestment timing to support business growth and capital efficiency
Track and evaluate asset-liability cash flow profiles and portfolio positioning relative to risk limits, investment guidelines, and strategic objectives
Proactively identify emerging risks, inconsistencies, or misalignments before they become material issues
Lead the design, implementation, and ongoing refinement of Strategic Asset Allocation frameworks for the Company’s institutional business lines and offshore reinsurance entities
Partner with external asset managers and internal stakeholders to forecast asset needs and future purchase activity
Evaluate new investment opportunities in the context of portfolio fit, liquidity, capital efficiency, and ALM objectives
Provide analytical support for pricing, new business onboarding, and long-term portfolio planning
Drive intra-year portfolio optimization to align asset allocation with evolving business needs, market conditions, and product-specific pricing considerations
Assess trade-offs between yield, liquidity, risk, and capital impact when evaluating tactical allocation decisions
Liaise with Treasury, Middle Office, and Investment Accounting to ensure trade activity, cash movements, and data flows are accurate and timely
Improve operational efficiency within cash management, portfolio reporting, and data processes through automation and process redesign
Identify, investigate, and resolve data inconsistencies or errors across investment systems and reports
Coordinate and manage consolidated portfolio reporting used for internal decision-making, actuarial modeling, and corporate planning
Communicate investment activity, positioning, and directives clearly to external asset managers on a regular basis
Collaborate cross-functionally with Actuarial and Finance/FP&A teams to translate investment activity into inputs for forecasting, modeling, and analysis
Respond to ad hoc analytical requests from senior stakeholders with clear, concise, and decision-oriented outputs
Assist in the development and informal mentoring of analysts or interns, as appropriate
Serve as a senior thought partner to portfolio managers on complex analytical, modeling, and investment strategy questions — including ALM frameworks, reinvestment modeling, hedging strategy, and capital efficiency trade-offs — enabling the broader team to operate with greater speed and depth
Proactively identify and lead new strategic initiatives across the institutional investment team, including model enhancements, process improvements, and analytical frameworks that expand team capabilities and support senior leadership decision-making
Qualification
Required
Bachelor's degree in mathematics, economics, investments or related field
10+ years of investment-related experience
CFA and/or ASA designation preferable
Advanced technical and financial modeling skills with the ability to automate/streamline current processes
Effective verbal and written communication skills
Superior analytical and problem-solving skills
Proficiency in MS Excel and PowerPoint
Familiarity with Access/database, SQL, VBA, Bloomberg and FactSet (or similar)
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.
1001-5000 employees
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
38%
Represents job field similar to this job
Accounting and Finance
Engineering and Development
Trends of Total Sponsorships
*2026 (2)
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
Leadership Team
Conor Murphy
Chief Executive Officer & President
Mark Wiltse
Chief Accounting Officer
Recent News
2026-08-05
2026-08-05
Company data provided by crunchbase