Director & Actuary

Corebridge Financial•Houston, TX

7d•Hybrid

About The Position

As part of the CFT/PBR team, this director role will report to the Senior Vice President & Actuary of the CFT & PBR area and will be responsible for all deliverables related to Life CFT and PBR (VM 20).

Requirements

The ideal candidate should be a Fellow of the Society of Actuaries, has 2 plus years of experience post Fellowship attainment and has Life product/valuation experience.
Effective oral and written communication skills are a must and demonstrating the ability to convey complex mathematical and analytical concepts to various audiences.

Nice To Haves

Knowledge of AXIS and Prophet platform, AAT, or Modelling are a plus.

Responsibilities

Review and oversee quarterly statutory valuations of Life products, including VM-20
Lead the preparation of VM31 and AOM’s
Lead the annual Asset Adequacy Test (AAT) for Life, Including: Model Development Assumption setting Attribution analysis
Planning and managing Staff (Onshore and offshore)
Lead the Preparation, analysis 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 Life VM20 DR and SR reserve movement through quarterly attribution process and Management meetings
Actively participate in assumption and Margin development for CFT and PBR, staying on top of regulatory developments and ensuring compliance
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 Life
Lead the planning and preparation of regulatory responses in coordination with Qualified Actuary and senior management
Assist management in Strategic Initiatives by providing insights and support “What if” Analysis
Actively participate and Represent CFT area in Life assumption unlocking, conversion, pricing committee and other strategic meetings
Monitoring and analyzing developments in actuarial techniques, laws and regulations applicable to Life 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, CFO/CFA, Reinsurance and ERM functions.
Collaborating with Deloitte on all third-party deliverables related to the IM CFT and performing review on deliverables

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.

Stand Out From the Crowd

Upload your resume and get instant feedback on how well it matches this job.

Upload and Match Resume