Assistant Actuary Job at Corebridge Financial
Who we are
Corebridge Financial makes a tremendous difference in people’s lives. We help people plan to protect the future they envision and make decisions during the most difficult moments through the solutions and services we provide. Life & Retirement brings together a broad portfolio of retirement, life, and institutional products offered through an extensive distribution network. With our customer-focused service, breadth of product expertise, deep distribution relationships, and world-class team of talented employees who are passionate about what they do, we provide solutions for a brighter future.
Your future team
Reporting to the Chief Actuary, our department supports the Life & Retirement (L&R) Actuarial team’s compliance with Corebridge Financial Corporate SOX control policy, Model Risk Management Policy, and End User Computing Tools (EUC) policy. Additionally, we support Operational Risk Reporting.
This position can be based out of Houston, TX, Woodland Hills, CA, or Jersey City, NJ. Remote workers may also be considered.
We want to hear from you today if you can
- PwC Annual Attribution Testing Lead: Coordinate the annual PwC Annual Attribute. Support L&R SOX Control Owners in complying with Corebridge Financial ICFR Policy and the L&R Control Procedures. Manage all communications with PwC and internal teams on this highly important exercise.
- Actuarial Workflow Manager Lead: Complete all functions in support of Actuarial SOX Controls repository supporting the 302 Sub-Certification signoff by the L&R Chief Actuary.
- Single Cell Testing Lead: Support all aspects of the L&R Actuarial Team’s role in the Single Cell Testing framework going live in early 2023. This will include coordinating with all Actuarial Model Owners about the testing and status of their models.
- Model Risk Governance Support: Support the L&R Model Risk Governance Officer and Model Risk Governance lead as necessary.
- Business Continuity (BC): Support L&R BC Coordinator as needed.
- Support ACMG Director: Other support and special projects as needed.
- Miscellaneous assignments including but not limited to:
- Maintaining and improving ACMG Landing page on WIKI
- Maintaining ASOP’s summaries and applicability for ASOPs
- Work with senior leaders (both actuarial and non-actuarial leaders) on driving key business and actuarial goals.
- Create and maintain benchmark testing tools, including developing spreadsheets and programs based on model specifications to replicate model functionality and assemble benchmark data for model comparisons.
- Utilize your communication and documentation skills to present results (e.g., models) and allow others to understand the materiality of the results and assumptions made.
- Work with actuarial units, finance teams, and Business units across the organization to understand stakeholder requirements.
What we are looking for
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics, Finance, or other quantitative field
- 3+ years of progressively more responsible actuarial experience with Life & Retirement Insurance products
- Associate of the Society of Actuaries (ASA)
- Actuarial modeling experience
- Production actuarial experience
- Excellent organizational skills with the ability to work independently
- Excellent communication, analytical and decision-making skills
- Working knowledge of many actuarial financial reporting processes
- Working knowledge of Life and Retirement Insurance products and processes
- Highly detailed oriented with strong analytical problem-solving skills
- Ability to influence others outside of direct reports to support your work
- Advanced knowledge of MS Office, especially Outlook and Excel
What our employees like most about working for Corebridge Financial
- We care about your professional development. Our career progression program will provide you with the opportunity to develop your skills, strengthen your productivity and be eligible to progressively advance to positions with an increased responsibility and increased compensation.
- Our “Giving Back” policy is at the core of our daily operations and guides our future progress. Don’t believe us? We put our money where our mouth is! Corebridge Financial will give you up to 16 hours a year paid time off to volunteer in the community.
- Our people are our most important asset therefore we provide a generous benefits plan and competitive pay. Benefit package includes:
- Paid Time Off (Corebridge Financial recognizes the importance of work life balance). We offer 24 PTO days to start. YES, 24! 9 paid holidays per calendar year.
- A 401(k) Retirement Plan which will be HARD TO BEAT. Our 401K - $1 for $1 match up to 6% with immediate vesting, plus Corebridge Financial automatically contributes an additional 3% in to your 401K regardless of if you enroll or not.
For positions based in Jersey City, NJ, the base salary range is $78,400-$98,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here:
Benefits Overview
.
For positions based in Woodland Hills, CA, the base salary range is $78,400-$98,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we’re proud to offer a range of competitive benefits, a summary of which can be viewed here:
Benefits Overview
.
We are an Equal Opportunity Employer
Corebridge Financial, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At Corebridge Financial, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
To learn more please visit:
www.corebridgefinancial.com
Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to
candidatecare@aig.com
. Reasonable accommodations will be determined on a case-by-case basis.
Functional Area:
AC - Actuarial
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
American General Life Insurance Company
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