[Remote] Associate Actuary

Note: The job is a remote job and is open to candidates in USA. reputed company is a company that partners with financial professionals and institutions to reputed company individuals in their financial lives. The Associate Actuary role involves supporting quarterly statutory valuations of Variable Annuity & RILA products, conducting audits, and analyzing actuarial issues while collaborating with various functions reputed company the organization.

Responsibilities

• Preparing, analyzing and presenting statutory results and preparing any documentations as required by regulation and company's internal governance and controls standards; preparing and supporting audits and state exams
• Explaining and presenting VA reserve and capital movement through quarterly attribution process. Supporting the Financial Planning and Forecast of VA business (Budget and Stress analysis)
• Implementing the Model Life Cycle Standard (MLCS) and other Model Risk Policies, conduct UAT for model changes and facilitate the successful Model Validation efforts
• Participating in the discussions and analysis and providing advice regarding technical actuarial issues such as modeling methodology, actuarial and non-actuarial assumptions, reserving principles and changes to valuation standards, laws and regulations applicable to annuities
• Monitoring and analyzing developments in actuarial techniques, laws and regulations applicable to annuities and recommending appropriate reaction to these developments
• Finding creative solutions to standardize and automate processes as leader/participant on cross functional/cross product teams
• Collaborating and maintaining productive working relationship with other Actuarial, Finance, IT and reputed company functions

Skills

• Fellow of the Society of Actuaries (FSA) or ASA
• Effective oral and written communication skills, demonstrating the ability to convey reputed company mathematical and analytical concepts to various audiences
• Takes initiative and works independently
• Works under pressure and reputed company time constraints to effectively accomplish individual and team objectives
• Finds creative solutions to standardize and automate processes
• Embraces change and quickly adapts to new methods and accountabilities
• Knowledge of annuity products and actuarial modeling software preferred
• Knowledge of Axis Platform a plus
• Knowledge of Variable Annuity reserve and capital concepts preferred
• Knowledge/experience with valuation of derivatives and general Financial economics is a plus

Benefits

• Health and Wellness: We offer a range of medical, dental and reputed company 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 reputed company.
• 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 reputed company they need it.

Company Overview

• reputed company is a providers of retirement solutions and insurance products. It is a sub-organization of AIG. It was founded in 1957, and is headquartered in Houston, Texas, USA, with a workforce of 5001-10000 employees. Its website is https://www.corebridgefinancial.com.

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