Associate Actuary- Model Development

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profile Job Location:

Woodland Hills, CA - USA

profile Monthly Salary: $ 108000 - 125000
Posted on: Yesterday
Vacancies: 1 Vacancy

Job Summary

Who We Are

At Corebridge Financial we believe action is everything. Thats 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.

Who Youll Work With

You will be working with AVP Actuary

About The Role

The Individual Retirement (IR) modeling team (supporting IR pricing function) is looking for an Associate Actuarial this role the Associate Actuarial Programmer is expected to design/select algorithms develop and fully test code and write technical documentation for various pricing models and related programs/systems. This position will report to the Model Development Lead and will be based in Woodland Hills CA or Houston TX. Qualified remote candidates may be considered on a case-by-case basis.

Responsibilities

  • Develop robust modeling solutions to implement complex feature and assumptions into Risk Agility FM.
  • Enhance modeling process by proposing/adhering to sound modeling practice and providing clear documentation of model changes.
  • Partner with internal and external groups to ensure the validation of the pricing models.
  • Research and review analytical tools for accuracy
  • Diligently explore for efficiencies including internal unit cross-training to ensure coverage
  • Pursue actuarial exam progress if applicable
  • Other duties as assigned.

Skills and Qualifications

  • BA/BS Math/Statistics/Computer Science or related area
  • Two years of programming experience using languages such as Python and C
  • Actuarial modeling experiences (with RAFM Prophet AXIS or similar platforms) strongly preferred
  • Proficient in Microsoft Excel and VBA
  • Knowledge of annuity products and their accompanying riders a plus
  • Solid analytical and problem-solving skills
  • Excellent communication skills
  • Work well both independently and as part of a team

Compensation

The anticipated salary range for this position is $108000 to $125000 at the commencement of employment. Not all candidates will be eligible for the upper end of the salary range. The actual compensation offered will ultimately be dependent on multiple factors which may include the candidates geographic location skills experience and other qualifications.

Work Location

This position is based in Corebridge Financials Woodland hills CA office and is subject to our hybrid working policy which gives colleagues the benefits of working both in an office and remotely.

Estimated Travel

May include up to 25%.

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 $5000.
  • 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 . 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 - Actuarial

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

American General Life Insurance Company


Required Experience:

IC

Who We AreAt Corebridge Financial we believe action is everything. Thats 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 tha...
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Key Skills

  • Python
  • C/C++
  • Fortran
  • R
  • Data Mining
  • Matlab
  • Data Modeling
  • Laboratory Techniques
  • MongoDB
  • SAS
  • Systems Analysis
  • Dancing

About Company

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At Corebridge Financial, formerly AIG Retirement Services, we believe everyone deserves financial security. We work hard to make it possible for people to take action in their financial lives—because action is the bridge from planning to outcomes, from today’s financial needs to tomor ... View more

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