Director, Life Reinsurance Special Projects at Fidelity & Guaranty Life Business Services in Des Moines, Iowa

Job Description:

Job Summary


The Director, Life Reinsurance Special Projects will oversee the research, development of project plans, and successful implementation of such plans for identified topics to ensure accurate and timely administration of complex reinsurance transactions. This position will play a key role in the execution of new strategic reinsurance treaties and other corporate reinsurance initiatives.

The Director, Life Reinsurance Special Projects will report to the AVP, Reinsurance. This position will collaborate with both the Life, Reinsurance business-as-usual team as well as various departments across the Company including Financial Reporting, Actuarial, Information Technology, Financial Operations, etc. This position will manage a team of experienced subject matter experts and/or individual contributors.


Duties and Responsibilities

• Oversee Life reinsurance non business-as-usual special projects, new treaty set-up, and other corporate reinsurance initiatives
• Direct the research, development of project plans, and successful implementation of such plans for identified topics
• Collaborate with internal business partners to recommend solutions and / or make business decisions regarding identified complex reinsurance items.
• Serve as reinsurance special projects point of contact for operational departments (i.e. Financial Reporting, Actuarial, IT, Financial Operations, etc.)
• Serve as reinsurance special projects liaison for third party reinsurance partners

• Participate in strategic planning with department leader and is primarily responsible for execution of the strategy through others.

• Develop, implement and monitor key performance indicators to continuously assess the department's operational efficiency and effectiveness
• Partner with reinsurance leadership to evaluate/design and successfully operationalize new reinsurance treaties
• Partner with external system application owners to implement necessary modifications, perform application updates, and other activities as deemed necessary
• Participate in continuous process enhancement discussions in order to recommend process improvements which results in reliable, repeatable, sustainable, scalable and streamlined operations
• Partner with IT and Financial Operations to ensure proper integration of TAI and the Reinsurance Data Repository application for Special Project activities
• Participate in corporate modernization and financial operation transformation projects as deemed necessary
• Participate in the design of internal controls related to Life Special Project activities
• Prepare and present recurring ad hoc reports for Senior Management
• Provide regular coaching, employee development and has a strong focus on team engagement.
• Supports leadership in the development and maintenance of a succession plans
• Assist in the establishment and monitoring of the overall department budget

Experience and Education Requirements

• Bachelors degree or equivalent work experience
• Minimum 8 years of hands-on experience in reinsurance administration
• Minimum of 3 years of leadership or management experience
• 5+ years of experience with the TAI reinsurance application
• Reinsurance administration designation preferred

Knowledge, Skills & Abilities

• Exceptional reinsurance administration and operations skills
• Deep knowledge of reinsurance administration for life insurance companies
• Highly motivated and demonstrated ability to take initiative
• Ability to work both independently and to collaborate with others
• Ability to influence in absence of formal reporting relationships
• Experience analyzing and understanding key data
• Ability to effectively prioritize multiple tasks/projects to meet critical deadlines
• Ability to effectively manage large teams with subject matters experts and individual contributors
• Strong problem-solving skills

Other Requirements

• Perform other functions, duties and projects as assigned
• Regular and punctual attendance
• Some travel may be required (less than 15%)

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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 talentacquisition@fglife.com.

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 Workplace1, an Iowa Top Workplace2 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.

1Top Workplaces USA 2022 - 2023


2Des Moines Register Top Workplaces 2018 - 2022



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