Senior Actuary, Life Experience
Posted on: 6 Dec 2021
Richmond, VA
Job Description
YOUR ROLE
As a key member of the US Life Experience team, you will help assess risk, recommend assumptions, and monitor experience. You will have an excellent opportunity to join a highly motivated team responsible for providing analytical insights and experience studies to the organization. Your expertise will be essential to provide direction on complex problems and delivering advanced analytics. This role will be collaborative with actuarial, finance, reinsurance, risk, IT, leadership and others.
YOUR RESPONSIBILITIES
Contribute to the development of Inforce reviews and support assumption setting and monitoring projects
Develop tools to assist in explaining Life Inforce financials and drivers of profitability
Communicating results of recommendations and reviews to non-technical audiences
Continually improve advanced analytical tools and predictive models to be used in understanding and monitoring experience
Analyze experience for trends, anomalies, and assessing risk
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
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
3+ years of relevant experience in a programming language such as Python, SAS, R
Ability to create and maintain predictive models to help explain results
ADDITIONAL QUALIFICATIONS
Experience with big data and working with actuarial modelling software such as AXIS, MG-ALFA, Polysystems
Experience with version control tools and DevOps protocols
Proficiency in data management and data governance best practices
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
Genworth
Richmond, VA
Genworth Financial, Inc. provides insurance and homeownership solutions in the United States and internationally. It operates through five segments: U.S. Mortgage Insurance, Canada Mortgage Insurance, Australia Mortgage Insurance, U.S. Life Insurance, and Runoff. The U.S. Mortgage Insurance segment offers mortgage insurance products primarily insuring prime-based, individually underwritten residential mortgage loans. The Canada Mortgage Insurance segment provides flow mortgage insurance; and bulk mortgage insurance that aid in the sale of mortgages to the capital markets, as well as helps lenders manage capital and risk in Canada.
The Australia Mortgage Insurance segment offers flow mortgage insurance and bulk mortgage insurance that aids in the sale of mortgages to the capital markets and helps lenders manage capital and risk. The U.S. Life Insurance segment offers long-term care insurance products and fixed annuity products in the United States. The Runoff segment covers non-strategic products, which primarily include variable annuity, variable life insurance, institutional, corporate-owned life insurance, and accident and health insurance products.
This segment’s institutional products include funding agreements and funding agreements backing notes. The company distributes its products and services primarily through appointed independent producers and employer groups. Genworth Financial, Inc. was founded in 1871 and is headquartered in Richmond, Virginia.
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IndustryInsurance
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No. of Employees3, 500
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Website
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Jobs Posted29
