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Corebridge Financial · 8 hours ago

Associate Director & Actuary

Houston, TX

Full-time

Onsite

Senior Level, Lead/Staff

8+ years exp

Corebridge Financial is a company that partners with financial professionals to enhance people's financial lives. The Associate Director & Actuary will lead the Actuarial Modernization team's PathWise QA efforts, supporting the annuity business by developing models for GAAP and economic projections and collaborating with various teams to ensure effective model implementation and testing.

Financial ServicesInsuranceLife Insurance

Responsibilities

Support the business needs to convert old block into PathWise platform which includes:

Create testing plan and testing case to validate PathWise model

Work with model owners to attribute conversion impact again legacy models

Identify drivers of the conversion impact

Test BAU model changes such as assumption updates, methodology improvements, regulatory required changes, and financial planning/forecast etc

Test new annuity product model implementation and onboarding

Support company strategic projects, such as reinsurance and capital optimization

Perform ad hoc sensitivity runs when required

Perform integration testing on model releases including model controls

Document all testing steps

Work with IT to resolve data issues or process issues

Support model transition to production team by providing effective documentation and communication

Qualification

Actuarial modelingPathWise platformPython programmingAnnuity productsActuarial scienceStress managementCommunication skills

Required

Bachelor's or Master's degree in actuarial science, mathematics, statistics, economics, finance, or other quantitative field

Actuary or Market Risk Management background required

8+ years of actuarial experience, predominantly in actuarial modeling

Good verbal and written communication skills

Able to cope with stress and fast-pace changes

Preferred

Modeling experience with PathWise platform

Python programming experience

Experience with annuity products

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.