Assistant Actuary, Product Development

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 collaborate across the enterprise, scale what works and act decisively for our customers and partners.
This role interacts with product development and modeling teams at the outset of projects and then work will shift to working with teams on assumption setting and rate setting implementation team.
This role is focused on the pricing and development of innovative annuity products. The person in this role will have the opportunity to work and collaborate on research and design for annuities across our Life & Retirement suite. The work consists of the implementation of assumptions and determining the risk/reward profile of the product offering through robust analysis. The work starts with baseline simplistic pricing to determine initial feasibility and then moves to sophisticated pricing model analysis.
Price new annuity products, balancing profitability, marketability, and risk.
Collaborate with business partners such as product development and product management to optimize pricing with design.
Produce analysis that achieves buy-in from finance and risk business partners on pricing outcomes.
Support the development and testing of assumptions appropriate for new products.
Bachelor's degree in actuarial science, mathematics, statistics, economics, finance, or other quantitative field

• 5+ years of progressively more responsible actuarial experience with Life & Retirement Insurance products
• Associate of the Society of Actuaries with goal of attaining FSA designation
• Advanced knowledge of MS Office especially Access and Excel
• Programming skill in SAS, Visual Basic, SQL, or C++ is preferred
• Experience with modeling software is preferred

In addition, the position is eligible for a discretionary bonus in accordance with the terms of the applicable incentive plan.
This position is based in Corebridge Financials' Houston office and is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely. For the right candidate, this role can also be in our Woodland Hills, CA or Jersey City, NJ locations.
Estimated Travel
At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. 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. These Company contributions vest immediately.
Employee Assistance Program: Confidential counseling services and resources are available to all employees.
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.
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.
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. 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 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.
AC - Actuarial
Estimated Travel Percentage (%): No Travel
Relocation Provided: No
American General Life Insurance Company