Associate Actuary- Model Development

Corebridge Financial • Houston, TX

1d • $108,000 - $125,000 • Hybrid

About The Position

The Individual Retirement (IR) modeling team (supporting IR pricing function) is looking for an Associate Actuarial Programmer. In this role, the Associate Actuarial Programmer is expected to design/select algorithms, develop and fully test code, and write technical documentation for various pricing models and related programs/systems. This position will report to the Model Development Lead and will be based in Woodland Hills, CA or Houston, TX. Qualified remote candidates may be considered on a case-by-case basis.

Requirements

• BA/BS Math/Statistics/Computer Science or related area
• Two years of programming experience using languages such as Python and C++
• Actuarial modeling experiences (with RAFM, Prophet, AXIS, or similar platforms) strongly preferred
• Proficient in Microsoft Excel and VBA
• Knowledge of annuity products and their accompanying riders, a plus
• Solid analytical and problem-solving skills
• Excellent communication skills
• Work well both independently and as part of a team

Nice To Haves

• Actuarial modeling experiences (with RAFM, Prophet, AXIS, or similar platforms) strongly preferred
• Knowledge of annuity products and their accompanying riders, a plus

Responsibilities

• Develop robust modeling solutions to implement complex feature and assumptions into Risk Agility FM.
• Enhance modeling process, by proposing/adhering to sound modeling practice, and providing clear documentation of model changes.
• Partner with internal and external groups to ensure the validation of the pricing models.
• Research and review analytical tools for accuracy
• Diligently explore for efficiencies including internal unit cross-training to ensure coverage
• Pursue actuarial exam progress, if applicable
• Other duties as assigned.

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