Associate Actuary, Life Pricing and Group Benefits

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.

Who You’ll Work With

Seeking an Associate Actuary for the Traditional Life Pricing and the Group Benefits team. This position will report to the Head of Life Pricing

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.)

What we are looking for

• 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.

Skills & Requirements

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

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

Compensation

The anticipated salary range for this position is [insert salary or hourly rate] to [insert salary or hourly rate] at the commencement of employment.  Not all candidates will be eligible for the upper end of the salary range. The actual compensation offered will ultimately be dependent on multiple factors, which may include the candidate’s geographic location, skills, experience and other qualifications.

In addition, the position is eligible for a discretionary bonus in accordance with the terms of the applicable incentive plan.

Corebridge also offers a range of competitive benefits as part of the total compensation package, as detailed below.

Work Location

This position is based in one of Corebridge Financial’s office in Houston-TX, Woodland Hills-CA or Jersey City-NJ and is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely.

Estimated Travel

Minimal travel

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.  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.
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