Job Description

POSITION TITLE

Director, Actuary

LOCATION

Lynchburg, VA

YOUR ROLE

We are looking for a Director, Actuary that is highly motivated to join our Actuarial Team in our Lynchburg Office. We work with products in multiple administration systems and we are looking for someone with a broad base of product and system knowledge. We are looking for someone who has experience working at or with the Service Center, and is able to find answers to the difficult questions that regularly come our way.

YOUR RESPONSIBILITIES

In this role, you will provide Actuarial support for In-Force Products in these areas:

Tools

* Gain in-depth understanding of existing tools that are being used to support in-force illustrations, annual reports, endorsements and in-force product testing
* Develop new tools and maintenance of existing tools
* Provide guidance on any changing industry regulations
* Advise and recommend improvements or options for in-force projections and testing tools required to maintain Life products

Team Management and Training

* Facilitate training of actuarial specialists and any other support roles
* Provide education and training on product features to actuarial specialists, IT personnel and CSC associates
* Manage actuarial students

Team Manager

* Validate calculations for annual reports and in-force projection requests
* Handle complex calculation requests from the team mailbox
* Provide assistance with actuarial calculations required to resolve policyholder disputes, insurance department complaints and/or litigation
* Provide support for answering product-related questions

REQUIRED QUALIFICATIONS

* BA /BS Degree in actuarial science, mathematics, statistics and/or related major
* Associate of the Society of Actuaries (ASA) designation
* 5+ years Actuarial experience working with life insurance products, preferably universal life
* Excellent oral and written communication skills
* Demonstrated ability to build rapport and collaborate with various departments to accomplish business goals and tasks
* Self-driven, motivated and demonstrates ownership in tasks
* Demonstrated skill in APL programming and MS Excel programming

PREFERRED QUALIFICATIONS

* Progress towards FSA designation
* Knowledge of Life Comm, Life 70 and CyberLife

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
* 11 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 Genworths 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 cant deliver on our mission unless we deliver for our employees. Thats why were 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 were dedicated to supporting every one of them to help them reach their full potential.