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Company | Corebridge Financial |
Address | , Houston, Tx |
Employment type | FULL_TIME |
Salary | $125,000 - $180,000 a year |
Expires | 2023-10-04 |
Posted at | 9 months ago |
This position can be based on Houston, TX, Woodland Hills, CA, or fully remote.
Summary of the role:
This role will serve as the Head of Life and IM model quality assurance on the Actuarial Modernization team. The models developed by Actuarial Modernization team on AXIS platform will be used to produce statutory, GAAP and economic projections which will directly support valuation, capital management, asset liability management, and regulatory projections such as cash flow testing. This individual will lead a team across the US and abroad. This individual will have frequent and regular interact with valuation model owners, business line CFA team, actuarial control team, model production team and IT team.
About the role:
- Ensure engagement, maintain transparency, and manage expectations with diverse stakeholders
- Ensure all steps of testing process are fully documented.
- 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.
- Develop and manage multiple remote actuarial talents
- Lead the testing team to develop and execute test plans and test tools to validate and certify AXIS life and IM models for STAT, GAAP LDTI, CFT and ALM basis. This includes both BAU model changes and new model conversions.
- Effectively communicate quarterly model changes and seeking approvals through the Change Control Board. Be able to articulate drivers of model change impact.
What we are looking for:
- Expertise in actuarial modeling software; Moody’s AXIS is strongly preferred
- Self-motivated, with the ability to lead and motivate a team to deliver multiple projects successfully under given timelines
- Programming expertise in Visual Basic, SQL or C++ is preferred
- Fellow of the Society of Actuaries
- At least 10 years of experience with life and institutional market insurance products, actuarial modeling and valuation
- Previous management experience
- Excellent verbal and written communication skills
- Experience working with databases such as SQL
- Excellent problem-solving skills
What our employees like most about working for Corebridge Financial
- Our people are at the forefront of creating value for customers and stakeholders and therefore we provide a generous benefits plan and competitive pay. Benefit package includes:
- 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.
- 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.
- Paid Time Off (Corebridge Financial recognizes the importance of work life balance). We offer 24 PTO days to start. YES, 24! 17 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 Woodland Hills, California, the base salary range is $125,000 - $180,000 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.
#LI-SB1 #LI-SAFG #LI-Hybrid #LI-Remote
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 . Reasonable accommodations will be determined on a case-by-case basis.
We consider qualified applicants with criminal histories, consistent with applicable law. Functional Area:
AC - Actuarial Estimated Travel Percentage (%): Up to 25% Relocation Provided: Yes American General Life Insurance Company-
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