Modeling Actuary, Universal Life

YOUR ROLE

WHAT YOU WILL BE DOING

Maintain production models and suggest and implement model improvements as needed.

Help ensure controlled, validated, and well-documented results are produced by models for every production cycle.

Interact with Modeling Software representatives for normal model maintenance, to certify models are up-to-date, and to develop plans for model improvement projects.

Review Production Projection runs produced out of AXIS by production modelers and ensure life business projections - including Cash Flow Testing, Business Planning, and Goodwill testing - are run using the correct model and assumption setup.

Implement model changes as needed to reflect new or modified reinsurance agreements, revised assumptions, or enhancements of methodology

Final responsibility for the model, including ensuring that the production models are always thoroughly documented and reproducible.

WHAT YOU BRING

BA/BS Degree in actuarial sciences, mathematics, statistics and/or related major

6+ years of relevant work experience within actuarial industry

Strong modeling skills

Attained Fellow of Society of Actuaries (FSA) designation

Experience with actuarial projections models

Solid understanding of US GAAP and Stat accounting principles for UL and traditional life

NICE TO HAVE

Strong Life actuarial/risk work experience

Experience with Polysystems, GGY-AXIS, or MG-ALFA

Experience modeling financial reinsurance

WHAT WE OFFER

Opportunity to have real impact on the lives of the people we serve

Opportunity to work on challenging and rewarding projects

Opportunity to give back to the communities where we live

Competitive benefits including:

Medical, Dental, Vision, Flexible Spending Account options beginning your first day

Generous Choice Time Off Policy

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

ABOUT US

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.

We know we cannot 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. We know each employee contributes in their own unique way and we're dedicated to supporting every one of them to help them reach their full potential.