At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care—and we bring those experiences with us to work in serving our millions of policyholders each day. We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism. Our four values guide our strategy, our decisions, and our interactions: Make it human. Make it about others. Make it happen. Make it better.
Associate Actuary, Asset Projection, Actuarial Governance
Location
EST (UTC-5) + 1 moreAll locations: EST (UTC-5) | CST (UTC-6)
Posted
37 days ago
Salary
$91.2K - $168.7K / year
Seniority
Mid Level
No structured requirement data.
Job Description
Associate Actuary, Asset Projection, Actuarial Governance
Genworth
Role Description The Asset Projection Team holds primary responsibility for scenario generation and asset projections within the Economic Scenario Generator (ESG) and Moody’s Axis platforms. You will deliver scenarios and asset projections to support both product lines and corporate requirements on a monthly and quarterly basis. Additionally, you will implement modifications to scenario generation and asset projection processes that align with corporate objectives and contribute to achieving the organization’s strategic vision. This role reports to the asset projection leader. Main responsibilities include: - Deliver monthly and quarterly scenarios and asset projections, ensuring timely completion within reporting cycles. - Communicate progress effectively with stakeholders. - Organize and join planning sessions to map out timelines and deliverables. - Support the asset projection leader and maintain expertise in scenario and asset models, including limitations. - Use knowledge of assets, ESG, AXIS, and insurance assets and insurance products to research, test, validate, and recommend scenario and asset projection improvements. - Ensure all changes are accurate, efficient, and align with desired structures. - Stay updated on new features in AXIS and ESG. - Mentor junior team members as they learn key systems and products if needed. - Perform updates and ad hoc analyses for scenario generation and asset projections as needed. - Adhere to Genworth actuarial and model governance policies. - Contribute to product line and corporate initiatives. Qualifications - BA/BS in Actuarial Science, Mathematics, Statistics, Finance, or related field. - ASA Designation. - 3+ years in actuarial or asset roles. - Skilled in actuarial asset projections and GGY AXIS Software (including Datalink). - Experience with Life insurance, Annuity, and Long-Term Care products, and Assets. - Team player. - Excellent communication skills. - Able to manage multiple deadlines. - Advanced problem-solving and analytical skills. Requirements - Programming in Python, Visual Basic, SQL, or MATLAB (Nice to have). - Understanding cash flow testing reporting (Nice to have). - Model conversion experience (Nice to have). Benefits - Competitive Compensation & Total Rewards Incentives. - Comprehensive Healthcare Coverage. - Multiple 401(k) Savings Plan Options. - Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!). - Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave. - Disability, Life, and Long Term Care Insurance. - Tuition Reimbursement, Student Loan Repayment and Training & Certification Support. - Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management). - Caregiver and Mental Health Support Services. Company Description At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care—and we bring those experiences with us to work in serving our millions of policyholders each day. We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism. Our four values guide our strategy, our decisions, and our interactions: - Make it human. We care about the people that make up our customers, colleagues, and communities. - Make it about others. We do what's best for our customers and collaborate to drive progress. - Make it happen. We work with intention toward a common purpose and forge ways forward together. - Make it better. We create fulfilling purpose-driven careers by learning from the world and each other.
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