Job Description

Vice President, Individual Retirement Valuation Actuary page is loaded Vice President, Individual Retirement Valuation Actuary Apply locations TX-Houston time type Full time posted on Posted 12 Days Ago job requisition id JR2500400 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 actdecisively 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 Perform monthly, quarterly, and annual valuation and financial reporting for Fixed Indexed Annuity and Individual Retirement Variable Annuity business: GAAP, Statutory, and Tax Responsibilities Prepare comprehensive reporting analytics package to explain the financial results to the senior leadership team as well as analysis to advise management of strategic decisions. Collaborate with the hedging team to implement market risk benefit and DAC models. Ensure various valuation models are up to date with the latest product offerings and consistent with current pricing and risk management models. Also ensure compliance with regulatory standards. Comply with internal and external audit standards, including Sarbanes-Oxley control standards, independent model validation and single cell testing. Participate on industry valuation working groups and advise senior management of upcoming changes to the regulatory landscape. Document the systems/processes according to actuarial practice standards. Manage a multi-level team of actuaries Perform the duties of the Approved Actuary for Corebridge Insurance Company of Bermuda (CICB) Skills and Qualifications 10+ years of progressively more responsible actuarial experience with valuation, variable annuity and/or indexed annuity products preferred. The ideal candidate will have significant experience in working with Variable and Indexed Annuities, including RILAs, and their associated guaranteed living benefit riders and be knowledgeable in the valuation, assumption-setting, and statutory and GAAP accounting aspects of the Individual Retirement business. The candidate must have excellent communication skills and the ability to interact with the Finance and Valuation actuaries to ensure consistency across work streams. Experience with actuarial projection software is required. An undergraduate degree is required. This individual will be a Fellow of the Society of Actuaries (FSA), Member of the American Academy of Actuaries (MAAA) is preferred. Experience with actuarial valuation software is preferred but not required. Familiarity with current annuity reinsurance structures, especially Bermuda. Demonstrated success working in cross-functional collaborative teams and in working with senior management. Variable Annuity (including minimum guarantee riders), Indexed Annuity, RILA and/or other deferred annuity product risk knowledge and related experience. General actuarial competency related to valuation (economic, GAAP, and Statutory), and modeling of variable and/or indexed annuity products Leadership skills including business collaboration, people skills, thought leadership, and managerial skills. Excellent organizational and time management skills Strong analytical skills. Highly motivated and results-oriented. Work Location This position is based in Corebridge Financials' Houston, TX, Jersey City, NJ. or 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. However, we are open to considering full remote candidates. #LI-SB1 #LI-SAFG #LI-Remote This role is deemed a “covered associate” under SEC Rule 206(4)-5, 17 CFR § 275.206(4)-5, Political contributions by certain investment advisers, and other federal and state pay-to-play rules. Candidates for the role must not have made any political contributions that, under 17 CFR § 275.206(4)-5 or other federal or state pay-to-play regulations, would disqualify the candidate or Corebridge Financial from conducting Corebridge Financial’s business, or that would otherwise create a conflict of interest for Corebridge Financial. Applicants who are selected to move forward with the application process will be required to disclose all U.S. political contributions they and their household family members have made over the past two years. 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: Functional Area: AC - ActuarialEstimated Travel Percentage (%): Up to 25%Relocation Provided: YesAmerican General Life Insurance Company Welcome Thank you for your interest in careers at Corebridge Financial and for creating a user account on our Careers site.This page will allow you to check the status of your application(s), update your contact information, and receive important updates and materials related to your application(s). About Us Corebridge Financial makes it possible for more people to take action in their financial lives. Corebridge is one of the largest providers of retirement solutions and insurance products in the United States. We proudly partner with financial professionals and institutions to help individuals plan, save for and achieve secure financial futures. For more information, visit . Thank you for your interest in joining our team. #J-18808-Ljbffr American General Life Insurance Company

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