Long Term Care Actuary, Controllership Oversight

The truth is, most of us will help a parent, spouse, family member, friend, or neighbor navigate aging and care at some point in our lives. That’s why we’re building better ways to help people find, fund, and understand aging care all while being supported every step of the way.

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Long Term Care Actuary, Controllership Oversight

Remote US (Eastern/Central Time)

This position is available to Virginia residents as Richmond, Virginia in-office applicants or remote applicants residing in states/locations under Eastern or Central Standard Time: Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Jersey, New York, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Dakota, Tennessee, Texas, Virginia, Washington DC, Vermont, West Virginia or Wisconsin.

As a member of the Long Term Care (LTC) Actuarial Model Governance and Controllership team, you will serve as a key player in the successful governance and controllership of Genworth’s LTC models and processes. In this role, you will become expert on LTC’s model, data and process flows and provide guidance on the appropriateness and design of controls to ensure that they comply with Company, industry, and actuarial professional standards.

Your primary focus will be with the valuation and inforce rate action teams, with the expectation that oversight will expand to projections, experience, and data analytics teams. You will be a support the model governance team to complete model peer reviews and provide other analysis as needed.

• Review existing controls for key high-risk processes and make improvement recommendations
• Collaborate with Operations and IT on administration system and data issues and controls
• Provide governance peer review support for the development and enhancement of LTC actuarial models and processes

• BS/BA Degree in mathematics, statistics, actuarial science business/finance, and/or related major
• ~ Fellow of Society of Actuaries (FSA) designation or Associate (ASA) with commensurate experience
• ~5+ years of relevant actuarial experience, preferably with LTC insurance
• ~ Ability to meet project deadlines and manage multiple priorities
• ~ Knowledge of actuarial processes: valuation, projections, and experience
• ~ Results oriented, accountable for performance, and willingness to take ownership of projects

• Comprehensive Healthcare Coverage
• Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!)
• Generous Paid Time Off - Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave
• Disability, Life, and Long Term Care Insurance
• Tuition Reimbursement, Student Loan Repayment and Training & Certification Support
• Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)