Associate Actuary, Life Pricing and Group Benefits

Corebridge Financial • Houston, TX

23h • Hybrid

About The Position

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

Requirements

• 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.
• 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.

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.)

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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees