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Corebridge Financial · 23 hours ago

Associate Actuary- Model Development

TX-Houston

Full-time

Hybrid

Entry Level

$108K/yr - $125K/yr

2+ years exp

Corebridge Financial is a company that partners with financial professionals and institutions to enhance people's financial lives. They are seeking an Associate Actuary to design and develop pricing models, ensuring robust solutions and documentation while collaborating with various teams for model validation.

Financial ServicesInsuranceLife Insurance

Responsibilities

Develop robust modeling solutions to implement complex feature and assumptions into Risk Agility FM

Enhance modeling process, by proposing/adhering to sound modeling practice, and providing clear documentation of model changes

Partner with internal and external groups to ensure the validation of the pricing models

Research and review analytical tools for accuracy

Diligently explore for efficiencies including internal unit cross-training to ensure coverage

Pursue actuarial exam progress, if applicable

Other duties as assigned

Qualification

Actuarial modelingProgramming PythonProgramming C++Microsoft ExcelVBAAnalytical skillsCommunication skillsTeamwork

Required

BA/BS Math/Statistics/Computer Science or related area

Two years of programming experience using languages such as Python and C++

Proficient in Microsoft Excel and VBA

Solid analytical and problem-solving skills

Excellent communication skills

Work well both independently and as part of a team

Preferred

Actuarial modeling experiences (with RAFM, Prophet, AXIS, or similar platforms) strongly preferred

Knowledge of annuity products and their accompanying riders, a plus

Benefits

Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.

Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.

Employee Assistance Program: Confidential counseling services and resources are available to all employees.

Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.

Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.

Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.