Corebridge Financial
Corebridge Financial Actuarial Position
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. As a highly collaborative team, we serve as effective partners and balance sheet stewards providing the financial leadership to deliver on Corebridge's strategic objectives. As a member of the Finance team, you will: Act as an effective and trusted business partner. Provide actionable insights and analysis, influencing business partners and accelerating decision-making. Be a prudent and efficient allocator of capital. Optimize return on capital by balancing balance sheet strength, investment in growth and shareholder returns. Focus on process improvement. Build an efficient operating model to maximize time spent on value-adding activities. Re-engineer and streamline end-to-end processes and controls, eliminating manual and redundant work. This 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. Responsibilities: 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 team Responsibility for all experience studies and actuarial assumption-development to support pricing, reserving, and forecasting Collating, reviewing, and socializing through appropriate governance channels financial impacts from actuarial judgment updates Participating 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 management Providing "checks and balances" oversight of pricing and rate setting through enforcement of pricing standards including methodology and assumption-setting Oversight of the calculation of our value of new business including documentation of methodology and assumptions and monitoring of performance against targets Supporting 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 reporting Acting as the actuarial point of contact for the IR CFO and IR CEO Experience: 15+ 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 independently Desire to deliver a complete work product Strong oral and written communication skills. Leadership skills including business collaboration, people skills, thought leadership, and managerial An 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). The 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. Work Location: If the position is based in one of Corebridge Financials' hub offices which is 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. 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. 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. 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.
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. As a highly collaborative team, we serve as effective partners and balance sheet stewards providing the financial leadership to deliver on Corebridge's strategic objectives. As a member of the Finance team, you will: Act as an effective and trusted business partner. Provide actionable insights and analysis, influencing business partners and accelerating decision-making. Be a prudent and efficient allocator of capital. Optimize return on capital by balancing balance sheet strength, investment in growth and shareholder returns. Focus on process improvement. Build an efficient operating model to maximize time spent on value-adding activities. Re-engineer and streamline end-to-end processes and controls, eliminating manual and redundant work. This 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. Responsibilities: 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 team Responsibility for all experience studies and actuarial assumption-development to support pricing, reserving, and forecasting Collating, reviewing, and socializing through appropriate governance channels financial impacts from actuarial judgment updates Participating 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 management Providing "checks and balances" oversight of pricing and rate setting through enforcement of pricing standards including methodology and assumption-setting Oversight of the calculation of our value of new business including documentation of methodology and assumptions and monitoring of performance against targets Supporting 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 reporting Acting as the actuarial point of contact for the IR CFO and IR CEO Experience: 15+ 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 independently Desire to deliver a complete work product Strong oral and written communication skills. Leadership skills including business collaboration, people skills, thought leadership, and managerial An 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). The 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. Work Location: If the position is based in one of Corebridge Financials' hub offices which is 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. 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. 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. 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.