F

F&G

Offers life insurance and tailored annuities

Investment Analyst

Full-Time
No salary listed
Junior, Mid
Bachelor's
Remote in USA
RemoteRemote role; minimal travel (<10%).
Finance & BankingAsset Management

About the job

Requirements
  • Bachelor’s degree in mathematics, economics, investments or related field.
  • 1-3 years of investment-related experience
  • Expertise in analytic systems linkage and report automation
  • Strong capabilities in MS Excel and PowerPoint; familiarity with Access/database, SQL, VBA, Bloomberg and FactSet (or similar)
  • Strong capabilities preferred in Bloomberg, BlackRock Aladdin, Clearwater
Responsibilities
  • Assist in the development and evaluation of investment strategies, incorporating results of asset modeling, reporting, and analysis, ensuring appropriate alignment with ALM, earnings, and capital, while managing to Investment Guidelines.
  • Provide support for senior members of the Investments team in the evaluation of information used in various asset modeling, portfolio optimization, and trade program process.
  • Coordinate, automate and manage consolidated reporting for the Company’s investment portfolio.
  • Help communicate investment directives and needs to the external asset managers in a timely and regular manner.
  • Investment Operations + Liaise with Treasury/Middle Office/Investment Accounting to ensure trade activity is flowing appropriately to downstream systems.
  • Improve operational efficiency of the cash management process.
  • Manage the investment data process; automate existing processes; integrate various systems.
  • Detect and correct data errors coming from the existing database
  • Help in the calculation of CECL allowances for impairments
  • Collaborate cross-functionally across departments such as Actuarial and Finance FPA to communicate investment activity for use in actuarial modeling and corporate planning and analysis.
  • Provide ad-hoc analytical requests
Desired Qualifications
  • CFA and/or ASA designation preferable
  • Desirable capabilities: Bloomberg, BlackRock Aladdin, Clearwater

About the company

F

F&G

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Website

F&G provides life insurance and annuities in the United States, working with financial advisors and a large network of agents to tailor products for individual clients. Its offerings include life insurance policies and retirement annuity products designed to help people build financial stability and plan for the future. The company collaborates closely with its advisor partners to customize solutions that fit each client’s needs, backed by strong industry ratings. F&G differentiates itself through its focus on advisor collaboration, personalized product design, and a long-standing history (founded 1959) that supports its reliability and commitment to financial prosperity. The company's goal is to be a trusted partner that helps clients achieve long-term financial security and prosperity through appropriately structured insurance and annuity products in the U.S. market.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Des Moines, Iowa

Founded

1959

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Simplify Jobs

Simplify's Take

What believers are saying

  • Q1 2026 AUM before reinsurance hit $74.5 billion, up 11% year over year.
  • F&G returned $67 million in Q1 2026 and expanded buybacks to $100 million.
  • Conor Murphy and Michael Bailey took over in June-August 2026, strengthening execution.

What critics are saying

  • Alternative asset returns lagged target; Q1 2026 earnings missed expectations on lower investment income.
  • Peak Altitude strategic review signals pressure to monetize distribution after June 2026 leadership change.
  • Ancient Re or Voya disruption would choke new business flows and reinsurance capacity.

What makes F&G unique

  • F&G’s Voya platform access expands advisor distribution beyond legacy channels.
  • Peak Altitude adds owned distribution and strategic optionality, including minority-partner monetization.
  • Ancient Re forward-flow reinsures MYGA new business, preserving F&G’s capital-light growth engine.

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Benefits

  • Hybrid Work Options
  • Flexible Work Hours

Growth & Insights and Company News

Headcount

6 month growth

24%

1 year growth

24%

2 year growth

24%
Yahoo Finance
Aug 7th, 2026
F&G shifts to fee-based model as Q2 retail sales hit $1.8B amid declining FIA market

F&G Annuities & Life is shifting towards a fee-based, higher-margin business model whilst maintaining strong retail sales of $1.8 billion, outperforming a declining fixed indexed annuity market that fell 5%. The company is reducing focus on multi-year guaranteed annuities due to returns falling below profitability thresholds. Alternative investment returns of 5.9% lagged the 12% target, as 84% of the portfolio remains in early development stages. Operating expenses improved to 47 basis points of assets under management, targeting 45 basis points by year-end 2027. Management is exploring strategic alternatives for Peak Altitude, seeking a partner to acquire slightly over 50%. The company expects to maintain its risk-based capital ratio above 400% despite new regulatory headwinds. Pension risk transfer sales are targeted at $1.5 billion to $2 billion annually.

Yahoo Finance
Jun 29th, 2026
Corebridge vs F&G: Which insurance stock offers better value in 2026?

F&G Annuities & Life generated nearly $5.7 billion in revenue during FY 2025, maintaining a positive net margin of approximately 4.6% and net income of around $265 million. The company, which focuses on fixed annuities and life insurance, manages approximately $57.6 billion in assets and serves close to 778,000 policyholders. In contrast, Corebridge Financial reported FY 2025 revenue of nearly $20 billion, representing roughly 12% growth year-over-year, but posted a net loss of approximately $366 million. Corebridge manages nearly $385 billion in assets and serves approximately 20,000 retirement plans. Corebridge's debt-to-equity ratio stood at roughly 0.8x, with a current ratio of approximately 2.8x and free cash flow of nearly $2 billion. Both companies target the retirement and insurance markets, serving an ageing population seeking guaranteed income.

PR Newswire
Jun 16th, 2026
F&G CEO Chris Blunt to retire as Conor Murphy takes helm, Michael Bailey named CFO

F&G Annuities & Life has announced significant leadership changes, with Chris Blunt retiring as chief executive officer on 30 June after seven years in the role. Blunt will continue as a director and CEO of subsidiary Peak Altitude Equity, focusing on exploring strategic alternatives for the distribution business. Conor Murphy, current president and chief financial officer, will assume the CEO role alongside his president duties. Murphy joined F&G in April 2025 and brings 38 years of insurance industry experience, including previous roles at Resolution Life US and Brighthouse Financial. Michael Bailey will join as CFO on 3 August, coming from Corebridge Financial where he served as retail chief financial officer. Mark Wiltse, F&G's chief accounting officer, will serve as interim CFO until Bailey's arrival.

Yahoo Finance
May 16th, 2026
F&G Annuities & Life misses EPS expectations by 18.6% despite 30.7% revenue growth to $1.19B

F&G Annuities & Life reported first-quarter revenue of $1.19 billion, up 30.7% year-on-year, but adjusted earnings per share of $0.82 missed analyst expectations of $1.01 by 18.6%. The insurance company's market capitalisation stands at $3.71 billion. Management attributed the earnings shortfall to lower alternative investment income and one-time items, whilst highlighting strong asset growth and cost discipline. CEO Christopher Owsley Blunt emphasised the company's ability to adapt across products and channels to source attractive liabilities. Key analyst questions focused on earnings sustainability, asset allocation strategy amid tight credit spreads, and the strategic review of Peak Altitude. Management indicated that whilst core improvements are sustainable, alternative investment returns remain a key variable affecting future earnings.

PR Newswire
May 6th, 2026
FNF reports Q1 2026 earnings of $0.93 per share, up 19% on strong title margin of 13.1%

Fidelity National Financial reported first quarter 2026 net earnings attributable to common shareholders of $243 million, or $0.90 per diluted share, compared with $83 million, or $0.30 per share, in the first quarter of 2025. Adjusted net earnings were $249 million, or $0.93 per share, up from $213 million, or $0.78 per share, year-over-year. The Title Segment contributed $197 million, compared with $158 million in the prior year quarter, achieving an industry-leading adjusted pre-tax title margin of 13.1%. The company's FG Segment reported record assets under management before reinsurance of $74.5 billion, an 11% increase year-over-year, with gross sales of $3.2 billion. FNF returned approximately $222 million to shareholders through dividends and share repurchases during the quarter.