[Remote] Associate Actuary

Note: The job is a remote job and is open to candidates in USA. Corebridge Financial is a company that partners with financial professionals and institutions to empower individuals in their financial lives. The Associate Actuary role involves supporting quarterly statutory valuations of Variable Annuity & RILA products, conducting audits, and analyzing actuarial issues while collaborating with various functions within the organization. Responsibilities • Preparing, analyzing and presenting statutory results and preparing any documentations as required by regulation and company's internal governance and controls standards; preparing and supporting audits and state exams • Explaining and presenting VA reserve and capital movement through quarterly attribution process. Supporting the Financial Planning and Forecast of VA business (Budget and Stress analysis) • Implementing the Model Life Cycle Standard (MLCS) and other Model Risk Policies, conduct UAT for model changes and facilitate the successful Model Validation efforts • Participating in the discussions and analysis and providing advice regarding technical actuarial issues such as modeling methodology, actuarial and non-actuarial assumptions, reserving principles and changes to valuation standards, laws and regulations applicable to annuities • Monitoring and analyzing developments in actuarial techniques, laws and regulations applicable to annuities and recommending appropriate reaction to these developments • Finding creative solutions to standardize and automate processes as leader/participant on cross functional/cross product teams • Collaborating and maintaining productive working relationship with other Actuarial, Finance, IT and ERM functions Skills • Fellow of the Society of Actuaries (FSA) or ASA • Effective oral and written communication skills, demonstrating the ability to convey complex mathematical and analytical concepts to various audiences • Takes initiative and works independently • Works under pressure and within time constraints to effectively accomplish individual and team objectives • Finds creative solutions to standardize and automate processes • Embraces change and quickly adapts to new methods and accountabilities • Knowledge of annuity products and actuarial modeling software preferred • Knowledge of Axis Platform a plus • Knowledge of Variable Annuity reserve and capital concepts preferred • Knowledge/experience with valuation of derivatives and general Financial economics is a plus Benefits • 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. • Employee Assistance Program: Confidential counseling services and resources are available to all employees. • Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000. • Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work. • Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it. Company Overview • Corebridge Financial is a providers of retirement solutions and insurance products. It is a sub-organization of AIG. It was founded in 1957, and is headquartered in Houston, Texas, USA, with a workforce of 5001-10000 employees. Its website is https://www.corebridgefinancial.com. Apply Now Apply Now