Associate Actuary, Life Pricing and Group Benefits
About The Position
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. 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.
Nice To Haves
- New FSA preferred; Career ASA or near FSA with 5+ years of experience will be considered.
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
- medical, dental and vision insurance plans
- mental health support
- wellness initiatives
- retirement benefits options
- 401(k) Plan with 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
- Employee Assistance Program
- Matching charitable donations
- Volunteer Time Off
- Paid Time Off (PTO)
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
