Senior Manager and Actuary, Life Assumptions

POSITION TITLE

Senior Manager and Actuary, Life Assumptions

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.

YOUR ROLE

As a manager of the life assumption development team, you will help lead a highly motivated team to recommend assumptions, assess risk, monitor experience, and present to management. Your expertise will be essential to provide direction on complex problems and manage the assumption review cycle. This role will be collaborative with actuarial, governance, finance, reinsurance, risk, IT, leadership, and others.

YOUR RESPONSIBILITIES

• Manage and continue to build the life assumption development team
• Support assumption development and monitoring projects
• Communicate results of recommendations and reviews to non-technical audiences
• Document methodology and reasoning for assumption changes
• Review and understand complex models, such as predictive analytics, and communicate important insights
• Collaborate with other departments, creating consistent and accurate implementations of assumptions
• Support ad hoc requests for actuarial assistance

YOUR QUALIFICATIONS

• BA/BS Degree in Actuarial Science, Mathematics, Statistics or related major
• Fellow of Society of Actuaries (FSA)
• 7+ years of relevant work experience within actuarial industry
• Knowledge of GAAP, Statutory and Tax financial reporting requirements for term and universal life insurance
• Strong communication and presentation skills, and collaborating with non-technical audiences
• Ability to manage concurrent deadlines and multiple priorities in an organized manner

ADDITIONAL QUALIFICATIONS

• Experience with big data and working with actuarial modelling software such as AXIS, MG-ALFA, Polysystems
• Experience with BI software such as Spotfire or PowerBI

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.