Associate Director & Actuary

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 act   decisively 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 an Associate Director, you will be a member of the Actuarial Modernization team, leads PathWise QA team and primarily supports Corebridge’s annuity business. The models developed by Actuarial Modernization team on PathWise platform will be used to produce GAAP and economic projections which will directly support valuation, capital management, asset liability management, and forecasting. You will have frequent and regular interactions with the valuation model owners, business line CFA team, actuarial control team, model production team and IT team.  

Responsibilities

• Support the business needs to convert old block into PathWise platform which includes:
  • Create testing plan and testing case to validate PathWise model
  • Work with model owners to attribute conversion impact again legacy models
  • Identify drivers of the conversion impact
• Test BAU model changes such as assumption updates, methodology improvements, regulatory required changes, and financial planning/forecast etc.
• Test new annuity product model implementation and onboarding
• Support company strategic projects, such as reinsurance and capital optimization
• Perform ad hoc sensitivity runs when required
• Perform integration testing on model releases including model controls
• Document all testing steps
• Work with IT to resolve data issues or process issues
• Support model transition to production team by providing effective documentation and communication

Skills and Qualifications

• Bachelor’s or Master's degree in actuarial science, mathematics, statistics, economics, finance, or other quantitative field
• Actuary or Market Risk Management background required
• 8+ years of actuarial experience, predominantly in actuarial modeling
• Modeling experience with PathWise platform preferred
• Python programming experience preferred
• Experience with annuity products preferred
• Good verbal and written communication skills
• Able to cope with stress and fast-pace changes

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 TalentandInclusion@corebridgefinancial.com.  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: www.corebridgefinancial.com

Functional Area:

AC - Actuarial

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

American General Life Insurance Company