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Director, Life Actuarial & Valuation (Remote)

Corebridge Financial

Houston, TX
  • Remote job

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 As part of the CFT/PBR team, this director role will report to the Senior Vice President & Actuary of the CFT & PBR area and will be responsible for all deliverables related to Life CFT and PBR (VM 20). Responsibilities Review and oversee quarterly statutory valuations of Life products, including VM-20 Lead the preparation of VM31 and AOM’s Lead the annual Asset Adequacy Test (AAT) for Life, Including: Model Development Assumption setting Attribution analysis Planning and managing Staff (Onshore and offshore) Lead the Preparation, analysis and presenting statutory results and preparing any documentations as required by regulation and company's internal governance and controls standards, preparing and supporting audits and state exams Explaining and presenting Life VM20 DR and SR reserve movement through quarterly attribution process and Management meetings Actively participate in assumption and Margin development for CFT and PBR, staying on top of regulatory developments and ensuring compliance Implementing the Model Life Cycle Standard (MLCS) and other Model Risk Policies, conduct UAT for model changes and facilitate the successful Model Validation efforts Participating in the discussions and analysis and providing advice regarding technical actuarial issues such as modeling methodology, actuarial and non-actuarial assumptions, reserving principles and changes to valuation standards, laws and regulations applicable to Life Lead the planning and preparation of regulatory responses in coordination with Qualified Actuary and senior management Assist management in Strategic Initiatives by providing insights and support “What if” Analysis Actively participate and Represent CFT area in Life assumption unlocking, conversion, pricing committee and other strategic meetings Monitoring and analyzing developments in actuarial techniques, laws and regulations applicable to Life and recommending appropriate reaction to these developments. Finding creative solutions to standardize and automate processes as leader/participant on cross functional/cross product teams. Collaborating and maintaining productive working relationship with other Actuarial, Finance, IT, CFO/CFA, Reinsurance and ERM functions. Collaborating with Deloitte on all third-party deliverables related to the IM CFT and performing review on deliverables Skills and Qualifications The ideal candidate should be a Fellow of the Society of Actuaries, has 2 plus years of experience post Fellowship attainment and has Life product/valuation experience. Effective oral and written communication skills are a must and demonstrating the ability to convey complex mathematical and analytical concepts to various audiences. Knowledge of AXIS and Prophet platform, AAT, or Modelling are a plus. 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. #LI-SB1#LI-SAFG #LI-Remote 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 View email address on click.appcast.io .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: Functional Area: AC - ActuarialEstimated Travel Percentage (%): No TravelRelocation Provided: NoAmerican General Life Insurance Company #J-18808-Ljbffr Corebridge Financial

Vacancy posted 1 day ago
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