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Corebridge Financial · 1 day ago

Associate Actuary, Life Pricing and Group Benefits

21650 Oxnard Street, Woodland Hills, CA

Full-time

Hybrid

Mid, Senior Level

5+ years exp

Corebridge Financial is a company that partners with financial professionals and institutions to enhance financial lives. They are seeking an Associate Actuary to design, price, and implement Life Insurance products while leading Group Benefits reporting requirements and collaborating across various functions.

Financial ServicesInsuranceLife Insurance

Responsibilities

Design, price, and implement Life Insurance products, balancing profitability, marketability, and risk

Lead Group Benefits reporting requirements for Minimum Loss Ratio (MLR) under Patient Protection and Affordable Care Act (PPACA), large client annual reporting on their plan performance etc

Assumption development, state filings and approval documents for Traditional Life products

Review emerging experience and adjust assumptions and pricing as necessary

Collaborative mindset to work cross functionally (Product Development, Finance, Risk, Compliance, Legal, Distribution, Reinsurance etc.)

Qualification

Actuarial pricing softwareActuarial Science degreeMicrosoft ExcelComputer programmingCustomer serviceTeam collaborationProblem-solvingCommunication skillsProject management

Required

Proficient in at least one actuarial pricing projection software, ideally PROPHET or AXIS

Ability to work well in teams

Ability to handle multiple projects and meet tight deadlines

Excellent oral and written communication skills

Customer oriented individual providing strong customer service to internal stakeholders

Demonstrated technology skills, including knowledge of Microsoft Excel and computer programming (VBA, C++)

Strong problem-solving skills

Looking for someone hands-on and willing to learn

Bachelor degree in Actuarial Science, Mathematics, Finance or a related field

Preferred

New FSA preferred; Career ASA or near FSA with 5+ years of experience will be considered

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.