ADP Assistant Actuary

Who we are

Corebridge Financial helps people make some of the most meaningful decisions they’re ever going to make. We help them plan and take action to protect the future they envision and respond to some of life’s most difficult moments through the solutions and services we provide. We do this through our broad portfolio of life insurance, retirement, and institutional products offered through an extensive, multichannel distribution network. We provide solutions for a brighter future through our client centered service, breadth of product expertise, deep distribution relationships, and outstanding team of hardworking and passionate employees.

As an ADP Assistant Actuary, you will be part of our Actuarial Development Program where you begin as a student that will rotate into various positions throughout the actuarial departments in order to gain a wide range of knowledge and experiences that can be leveraged throughout the Actuary’s career. Although not every rotation path is the same for every student, common roles often include, but are not limited to, Valuation, Product Development, Asset-Liability Management, and Experience Analysis.

Your future team

You will be a member of the Life Axis Model Development team which is responsible for developing, maintaining, and optimizing best-in-class AXIS models to produce GAAP, statutory/Principles-Based Reserves, and ALM results for Corebridge Financial’s  traditional life insurance products.

You will support our strategic business initiatives on model conversion as well as update assumptions and implement new products and features for the assist in model conversion efforts and maintenance of models already in production models for our Traditional Life products. The successful candidate for this role will also have the ability to develop solutions to complete model development, unit test and peer review model work, as well as work with model stakeholders business to analyze and explain model approaches, limitations and results.

We want to hear from you today if you can

• Further your actuarial career and work as part of team as you prepare to become an FSA in the Society of Actuaries
• Be part of an organization that offers various actuarial opportunities, from very technical roles to roles focused on leading teams of talented associates in driving value to Corebridge Financial and our customers
• Be part of an organization that is committed to your on-going development, including offering various educational opportunities
• Work with senior leaders (both actuarial and non-actuarial leaders) on driving key business and actuarial goals
• Creation/maintenance of benchmark testing tools, including developing spreadsheets/programs based on model specifications to replicate model functionality and assembling benchmark data for model comparisons
• Utilize your communication and documentation skills to full present results (e.g., models) and allow others to fully understand the materiality of the results and assumptions made so proper actions can be taken
• 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
• 5+ years of progressively more responsible actuarial experience with Life & Retirement Insurance products; experience with traditional life products including term and whole life is strongly preferred
• Associate of the Society of Actuaries with goal of attaining FSA designation
• Highly detailed oriented with strong analytical problem-solving skills
• Excellent verbal and written communication skills
• Ability to work independently and within a team
• Advanced knowledge of MS Office especially Access and Excel
• Programming skill in SAS, Visual Basic, SQL, or C++ is required; exposure to databases is a plus
• Experience with modeling software is required; AXIS is strongly preferred

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! We 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 (We recognize th