Associate Director, Actuary – Life Model QA
Corebridge FinancialAbout the role
Who We Are
At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.
We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:
- We are stronger as one: We collaborate across the enterprise, scale what works and act decisively for our customers and partners.
- We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders.
- We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future.
- We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work.
About The Role
We are looking to fille the role of Associate Director on the Life model quality assurance team within the Actuarial Modernization organization, with responsibility for reviewing, testing and validating AXIS models to produce GAAP, statutory/Principles-Based Reserves, CFT and ALM results for Corebridge Financial’s life insurance products.
We are seeking a strong individual with management experience as well as experience in model development and valuation to partner across functions to ensure we maintain best-in-class models that are automated, controlled and operationally efficient to execute.
Responsibilities:
- Assist in developing and executing test plans and test tools to validate and certify AXIS life models for STAT, GAAP LDTI, CFT and ALM basis. This includes both BAU model changes and new model conversions. Work with cross-functional partners to successfully deliver objectives, including model stakeholders, data analysts, IT, Development and Production teams
- Effectively communicate quarterly model changes and seek approvals through the Change Control Board. Be able to articulate drivers of model change impact.
- Work with IT team to ensure all model and data changes are fully promoted to production team. Conduct integration testing and release model and data to production environment.
- Ensure all steps of testing process are fully documented.
- Manage and work within a team that operates across multiple geographic locations
- Identify areas for process improvement and work with resources to implement solutions
Skills and Qualifications
- Fellow of the Society of Actuaries
- 7 plus years of experience with life insurance products, actuarial modeling and valuation
- Expertise in actuarial modeling software; Moody’s AXIS is strongly preferred
- Experience working with databases such as SQL
- Programming expertise in Visual Basic, SQL or C++ is preferred
- Excellent verbal and written communication skills
- Excellent problem-solving skills
- Previous people and project management experience
- Self-motivated, with the ability to lead and motivate a team to deliver multiple projects successfully under given timelines
Compensation
Corebridge also offers a range of competitive benefits as part of the total compensation package, as detailed below.
Work Location
If the position is based in one of Corebridge Financials' hub offices which are Houston, TX, Jersey City, NJ. or Woodland Hills, CA office the role is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely. However, we are open to considering full remote candidates outside of these areas.
#LI-SB1 #LI-SAFG #LI-Remote
Why Corebridge?
At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.
Benefit Offerings Include:
- 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. <
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