Apply on Employer Site

Genworth · 1 month ago

Strategic Exploration Associate Actuarial Development Program Actuary

Virginia, United States

Full-time

Onsite

New Grad, Entry Level

$96K/yr - $130K/yr

Genworth is a company that empowers families to navigate the aging journey with confidence. They are seeking a Strategic Exploration Associate in their Actuarial Development Program to identify and research innovative Benefit Solutions initiatives for Long Term Care insurance, while collaborating with various stakeholders and developing actuarial models.

FinanceFinancial ServicesFinTechInsurance

Comp. & Benefits

Responsibilities

Support in-force management initiatives related to LTC insurance blocks that provide meaningful policyholder alternatives or RBOs that can help policyholders mitigate the impact of rate actions and meet regulatory requirements while improving the performance of the inforce blocks of business

Develop tools and processes to aid in further understanding the impacts of policyholder behavior and develop strategies to drive policyholder behavior

Draw insights from analysis and make recommendations to senior management regarding implications of findings and proposed actions

Collaborate with other functional areas on a variety of in-force management initiatives and research

Develop, maintain, and enhance actuarial models used for scoping new inforce pricing initiatives and inforce analytics

Develop, maintain, and enhance tools to research ad hoc requests for analysis / actuarial assistance on LTC issues

Qualification

Actuarial ScienceAnalytical SkillsActuarial ModelingProgramming SkillsResearch SkillsMicrosoft ExcelData VisualizationCommunication SkillsTeam CollaborationProblem-Solving Skills

Required

BA/BS Degree in Mathematics/Statistics/Science, Actuarial Science, Business/Finance, Engineering or related major involving significant technical/analytical coursework

Associate designation from Society of Actuaries

Career aspirations to attain Fellowship designation from Society of Actuaries

Strong communication skills, both oral and written

Ability to interact professionally and effectively in a team environment

Self-driven, highly-motivated, and shows ownership in tasks

Ability to operate independently, manage multiple priorities, and meet deadlines

Strong analytical and problem-solving skills

Ability to think broadly and lead/influence without direct authority

Demonstrated ability to perform thorough research, understanding inputs, sources of data, downstream impacts both within and outside of areas of direct control

Experience in actuarial modeling

Basic programming skills and experience in Microsoft applications of Excel, VBA, Word and PowerPoint

Proven at developing thorough documentation that is self-explanatory and of the highest standards