Associate Director, Actuary – Life Model QA

Who We Are

At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.

We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:

• We are stronger as one: We collaborate across the enterprise, scale what works and actdecisively for our customers and partners.
• We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders.
• We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future.
• We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work.

About The Role

We are looking to fille the role of Associate Director on the Life model quality assurance team within the Actuarial Modernization organization, with responsibility for reviewing, testing and validating AXIS models to produce GAAP, statutory/Principles-Based Reserves, CFT and ALM results for Corebridge Financial’s life insurance products.

We are seeking a strong individual with management experience as well as experience in model development and valuation to partner across functions to ensure we maintain best-in-class models that are automated, controlled and operationally efficient to execute.

Responsibilities:

• Assist in developing and executing test plans and test tools to validate and certify AXIS life models for STAT, GAAP LDTI, CFT and ALM basis. This includes both BAU model changes and new model conversions. Work with cross-functional partners to successfully deliver objectives, including model stakeholders, data analysts, IT, Development and Production teams
• Effectively communicate quarterly model changes and seek approvals through the Change Control Board. Be able to articulate drivers of model change impact.
• Work with IT team to ensure all model and data changes are fully promoted to production team. Conduct integration testing and release model and data to production environment.
• Ensure all steps of testing process are fully documented.
• Manage and work within a team that operates across multiple geographic locations
• Identify areas for process improvement and work with resources to implement solutions

Skills and Qualifications

• Fellow of the Society of Actuaries
• 7 plus years of experience with life insurance products, actuarial modeling and valuation
• Expertise in actuarial modeling software; Moody’s AXIS is strongly preferred
• Experience working with databases such as SQL
• Programming expertise in Visual Basic, SQL or C++ is preferred
• Excellent verbal and written communication skills
• Excellent problem-solving skills
• Previous people and project management experience
• Self-motivated, with the ability to lead and motivate a team to deliver multiple projects successfully under given timelines

Compensation

Corebridge also offers a range of competitive benefits as part of the total compensation package, as detailed below.

Work Location

If the position is based in one of Corebridge Financials' hub offices which are Houston, TX, Jersey City, NJ. or Woodland Hills, CA office the role is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely. However, we are open to considering full remote candidates outside of these areas.

Why Corebridge?

At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.

Benefit Offerings Include:

• 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.

Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy.

We are an Equal Opportunity Employer

Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.

Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees, including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs.If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to TalentandInclusion@corebridgefinancial.com.Reasonable accommodations will be determined on a case-by-case basis, in accordance with applicable federal, state, and local law.

We will consider for employment qualified applicants with criminal histories, consistent with applicable law.

To learn more please visit: www.corebridgefinancial.com

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