Chief Finance Actuary
OverviewAs a pioneer in the annuity industry, Individual Retirement has been focused on retirement savings and income needs for decades.
We are among the top providers of annuity products in every primary annuity line of business, including fixed, index, and variable annuities.
Corebridge Financial Actuarial professionals have a pivotal role in driving results and are integral to the company s success, bringing their expertise in quantitative analysis, insurance pricing, reserving and risk quantification.
Role and ResponsibilitiesThis position will report directly to the Corebridge Financial Chief Actuary.
The person in this role will have frequent and regular interaction with all actuarial functions supporting both the finance team and the business unit, along with direct interaction with the Individual Retirement business leaders.
The role will have full oversight over Actuarial activity across the Individual Retirement line of business, which includes:
Working with specific business line dedicated resources within the Finance actuarial team across valuation, projections, and asset-liability modeling, to achieve the strategic objectives of the IR leadership teamResponsibility for all experience studies and actuarial assumption-development to support pricing, reserving, and forecastingCollating, reviewing, and socializing through appropriate governance channels financial impacts from actuarial judgment updatesParticipating in the development of strategic plans with respect to both new and in-force business.
This will include providing actuarial input and leadership on key issues affecting the business, including asset-liability management, capital management, risk management and in-force managementProviding checks and balances oversight of pricing and rate setting through enforcement of pricing standards including methodology and assumption-settingOversight of the calculation of our value of new business including documentation of methodology and assumptions and monitoring of performance against targetsSupporting the IR Finance team in developing and monitoring risks and opportunities for the business by providing input on actuarial related items in connection with budgeting and stress testing, along with financial reportingActing as the actuarial point of contact for the IR CFO and IR CEOCandidate ProfileThe ideal candidate will have the fundamentals down.
An understanding of the key profit drivers for a variety of products along with statutory and GAAP accounting knowledge is key.
More important for this role is a willingness to learn, collaborate and deliver outstanding service while balancing multiple priorities.
The candidate must have excellent communication skills and the ability to interact with both business partners and business unit actuaries effectively.
EducationAn undergraduate degree is required.
This individual will be a Fellow of the Society of Actuaries (FSA) and a Member of the American Academy of Actuaries (MAAA).
Experience15
years of progressively more responsible actuarial experience.
Cross-functional experience desired (valuation, capital management, experience studies, ALM, ERM)Demonstrated success working in cross-functional collaborative teams and in working with senior management.
Highly motivated and results-oriented.
Ability to work independentlyDesire to deliver a complete work productStrong oral and written communication skills.
Leadership skills including business collaboration, people skills, thought leadership, and managerialFor positions based in Jersey City, NJ, or Woodland Hills, California, the base salary range is $225,000 - $275,000.
In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan.
We are also proud to offer a range of competitive benefits, which can be found on our career site.
We are an Equal Opportunity Employer Corebridge Financial, Inc.
, its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment.
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 such as sexual orientation.
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.
Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
To learn more please visit:
Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities.
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.
We consider qualified applicants with criminal histories, consistent with applicable law.
Functional Area:
AC - ActuarialEstimated Travel Percentage (%):
Up to 25%Relocation Provided:
NoAmerican General Life Insurance CompanySummaryLocation:
CA-Woodland Hills; TX-HoustonType:
Full time.
Estimated Salary: $20 to $28 per hour based on qualifications.
We are among the top providers of annuity products in every primary annuity line of business, including fixed, index, and variable annuities.
Corebridge Financial Actuarial professionals have a pivotal role in driving results and are integral to the company s success, bringing their expertise in quantitative analysis, insurance pricing, reserving and risk quantification.
Role and ResponsibilitiesThis position will report directly to the Corebridge Financial Chief Actuary.
The person in this role will have frequent and regular interaction with all actuarial functions supporting both the finance team and the business unit, along with direct interaction with the Individual Retirement business leaders.
The role will have full oversight over Actuarial activity across the Individual Retirement line of business, which includes:
Working with specific business line dedicated resources within the Finance actuarial team across valuation, projections, and asset-liability modeling, to achieve the strategic objectives of the IR leadership teamResponsibility for all experience studies and actuarial assumption-development to support pricing, reserving, and forecastingCollating, reviewing, and socializing through appropriate governance channels financial impacts from actuarial judgment updatesParticipating in the development of strategic plans with respect to both new and in-force business.
This will include providing actuarial input and leadership on key issues affecting the business, including asset-liability management, capital management, risk management and in-force managementProviding checks and balances oversight of pricing and rate setting through enforcement of pricing standards including methodology and assumption-settingOversight of the calculation of our value of new business including documentation of methodology and assumptions and monitoring of performance against targetsSupporting the IR Finance team in developing and monitoring risks and opportunities for the business by providing input on actuarial related items in connection with budgeting and stress testing, along with financial reportingActing as the actuarial point of contact for the IR CFO and IR CEOCandidate ProfileThe ideal candidate will have the fundamentals down.
An understanding of the key profit drivers for a variety of products along with statutory and GAAP accounting knowledge is key.
More important for this role is a willingness to learn, collaborate and deliver outstanding service while balancing multiple priorities.
The candidate must have excellent communication skills and the ability to interact with both business partners and business unit actuaries effectively.
EducationAn undergraduate degree is required.
This individual will be a Fellow of the Society of Actuaries (FSA) and a Member of the American Academy of Actuaries (MAAA).
Experience15
years of progressively more responsible actuarial experience.
Cross-functional experience desired (valuation, capital management, experience studies, ALM, ERM)Demonstrated success working in cross-functional collaborative teams and in working with senior management.
Highly motivated and results-oriented.
Ability to work independentlyDesire to deliver a complete work productStrong oral and written communication skills.
Leadership skills including business collaboration, people skills, thought leadership, and managerialFor positions based in Jersey City, NJ, or Woodland Hills, California, the base salary range is $225,000 - $275,000.
In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan.
We are also proud to offer a range of competitive benefits, which can be found on our career site.
We are an Equal Opportunity Employer Corebridge Financial, Inc.
, its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment.
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 such as sexual orientation.
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.
Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
To learn more please visit:
Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities.
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.
We consider qualified applicants with criminal histories, consistent with applicable law.
Functional Area:
AC - ActuarialEstimated Travel Percentage (%):
Up to 25%Relocation Provided:
NoAmerican General Life Insurance CompanySummaryLocation:
CA-Woodland Hills; TX-HoustonType:
Full time.
Estimated Salary: $20 to $28 per hour based on qualifications.
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