Associate Actuary

POSITION TITLE

Associate Actuary, Life Experience

LOCATION

Richmond, VA or Remote

This position is available to Virginia residents as Richmond, Virginia in-office applicants or remote applicants residing in states/locations under Eastern or Central Standard Time: Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Jersey, New York, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Virginia, Washington DC, Vermont, West Virginia or Wisconsin.

At Genworth, we are committed to caring for our customers and for the safety of our colleagues. In the event the office is inaccessible (i.e. Inclement Weather), this role may be required to work remotely.

Genworth policy requires employees to be fully vaccinated for COVID-19 before they visit any Genworth office.

For certain positions where office attendance is deemed to be essential to the role, offers of employment shall be conditional upon proof of vaccination or exception based on a qualifying medical or religious accommodation request.

YOUR ROLE

As a key member of the US Life Experience and Inforce team, you will help build, maintain, and improve on experience models and analysis. You will have an excellent opportunity to join a highly motivated and inclusive team responsible for providing analytical insights and experience studies to the organization. This role will collaborate between actuarial, finance, reinsurance, risk, IT, leadership, and others.

YOUR RESPONSIBILITIES

• Build, peer review, and maintain experience studies and tools
• Proactively identify, manage, and implement process improvements
• Analyze experience for trends, anomalies, and assessing risk
• Produce documentation of processes, analysis, and results of reviews
• Collaborate with other departments, creating consistent messaging and improving reconciliations
• Support ad hoc requests for actuarial assistance

YOUR QUALIFICATIONS

• BA/BS Degree in Actuarial Science, Mathematics, Statistics or related major
• 3+ years relevant actuarial experience
• Near Associate of Society of Actuaries (ASA)
• Strong proficiency in a programming language such as Python, SAS, R
• Experience with data visualization software such as Spotfire or PowerBI
• Ability to manage concurrent deadlines and multiple priorities in an organized manner
• Excellent written and oral communication skills
• Self-driven, motivated and shows ownership in tasks

PREFERRED QUALIFICATIONS

• Associate of Society of Actuaries (ASA)
• 5+ years actuarial experience
• Prior life insurance experience
• Knowledge of GAAP, Statutory and Tax financial reporting requirements for term and universal life insurance
• Experience with actuarial modeling software such as AXIS or Polysystems

WHY GENWORTH?

• We have a real impact on the lives of the people we serve
• We work on challenging and rewarding projects
• We give back to the communities where we live
• We offer competitive benefits including:
  
  • Medical, Dental, Vision, Flexible Spending Account options beginning your first day
  • 20 days of Choice Time Off your first full year
  • 12 Paid Holidays
  • 40 hours of volunteer time off
  • 401K Account with matching contributions
  • Tuition Reimbursement and Student Loan Repayment
  • Paid Family Leave
  • Child Care Subsidy Program

COMPANY

Genworth Financial, Inc. is a leading insurance holding company committed to helping families achieve the dream of home ownership and address the financial challenges of aging through its leadership positions in mortgage insurance and long term care insurance. Headquartered in Richmond, Virginia, Genworth traces its roots back to 1871.

The mission of Genworth's US Life business is to develop solutions that meet the financial challenges of aging, including individual and group long term care insurance, annuities, life insurance and new innovative products over time.

We know we can't deliver on our mission unless we deliver for our employees. That's why we're committed to creating a work environment that fosters inclusion, camaraderie, rewarding work, community involvement, and a focus on our employees' well-being.