Corebridge Financial is hiring an
Associate Director & Actuary (Actuarial Product Support & Implementation)
Who we are
Corebridge Individual Retirement specializes in the manufacture and distribution of annuities through its vast distribution network of registered representatives, independent broker-dealers, national and regional securities firms, financial institutions, independent marketing organizations, and independent advisors.
About the role
The Actuarial Product Support & Implementation Team acts as a resource to multiple business functions, including teams within Product Management, IT, and Operations. It provides specialized knowledge and expertise with a focus on systems calculations and policy values for annuity products.
The Associate Director will prioritize and coordinate the daily activities performed by the Actuarial Support & Implementation Team and collaborate with the Senior Director of the Actuarial Support Programming Team to ensure alignment.
This is a high-performing team of professionals with varying levels of experience with a mathematical and financial focus, actuarial experience, and programming skills.
This position assigns and monitors the daily work across a team of actuaries, analysts, and programmers, such as product implementation initiatives, system audits, daily production analysis of complex calculations, and real-time technical support for Operations/Business within Individual Retirement ("IR") Product Management function.
Additionally, this position will directly manage a group of Assistant Actuaries from the ADP program, ensuring continuity of production support during rotations.
A full-time schedule that requires work through 6:30pm Pacific Time.
Primary Responsibilities
- Leads and provides technical guidance to the Actuarial Support & Implementation Team. Prioritizes the work performed across multiple actuarial support functions, as well as the Actuarial Support Programming Team within IFPM.
- Delivers accurate and timely actuarial support to internal business partners related to policy value calculations, quotes, hypotheticals, and exceptions.
- Serves as the primary actuarial resource to support timely resolution of issues reported via IRG (Issues Resolution Group).
- Supports new product implementations and product enhancements through system testing for Navisys and OASys, illustrations, and other ancillary calculation tools.
- Ensures internal actuarial system audit programs and validation tools are kept up to date, run efficiently, and errors are reported timely.
- Recommends enhancements to reporting, analytics, and processes. Identifies, builds, or executes data and/or analytical solutions to standardize and automate processes.
Qualifications/Skills/Candidate Profile
- Bachelor's degree and FSA/ASA with 7+ years of experience post ASA, preferably with a global bank or insurance company.
- Proficient management, organization, and prioritization skills to coordinate and oversee daily actuarial support activities.
- Solid analytical and problem-solving skills. Detail and process-oriented.
- Strong understanding and experience with financial mathematics.
- Knowledge of fixed, index, variable, and RILA products is preferred.
- Effective verbal and written communication skills with the ability to interact with various levels of staff and leadership.
- Work successfully with cross-functional collaborative teams in a fast-paced environment.
- Experience with regression testing, troubleshooting, and analytical frameworks to monitor data quality.
- Excellent computer skills, especially good understanding of database, software programming, and presentation tools.
- Works under pressure and within time constraints to effectively accomplish individual and team objectives.
- Embraces change and quickly adapts to new methods and accountabilities.
What our employees like most about working for Corebridge Financial
- We care about your professional development. Our career progression and tuition reimbursement program will provide you with the opportunity to develop your skills and strengthen your productivity.
- Our "Giving Back" policy is at the core of our daily operations. Corebridge Financial will give you up to 16 hours a year paid time off to volunteer in the community.
- Our people are our most important asset; therefore, we provide a generous benefits plan and competitive pay. Benefit package includes:
- Paid Time Off: Corebridge Financial recognizes the importance of work-life balance. We offer 24 PTO days to start. 17 paid holidays per calendar year.
- A 401(k) Retirement Plan with a $1 for $1 match up to 6% with immediate vesting, plus Corebridge Financial automatically contributes an additional 3% into your 401K regardless of enrollment.
For positions based in Woodland Hills, CA, and Jersey City, NJ, the base salary range is $126,000-$136,000 and the position is eligible for a bonus in accordance with the terms of the applicable incentive plan.
We are an Equal Opportunity Employer
Corebridge Financial, Inc., its subsidiaries, and affiliates are committed to being an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability, or any other legally protected categories.
At Corebridge Financial, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability.