Associate Director & Actuary, Life Insurance

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 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 You’ll Work With

Associate Director & Actuary for the Life Insurance group.

Responsibilities

This role will work within the Life Insurance group and be responsible for:

Pricing Assumptions

Analyze, develop, and maintain pricing assumptions, including mortality, lapse, expense, reinsurance, and other assumptions affecting product profitability.

Evaluate emerging experience and perform sensitivity analyses to support assumption recommendations and pricing decisions.

Pricing Modeling & Profitability Analytics

Develop, maintain, and enhance actuarial pricing models for life insurance products. Support the implementation of new products, product enhancements, and pricing methodologies within actuarial models. Perform profitability analyses for new products and pricing initiatives. Develop and enhance profitability models, analytical tools, and reporting capabilities across Statutory, GAAP, and economic frameworks to support product evaluation and business decision-making.

Pricing Infrastructure & Documentation

Develop, maintain, and enhance the Pricing SharePoint site as the central repository for pricing models, methodologies, assumptions, documentation, and other actuarial resources to support knowledge sharing, consistency, and model governance. Contribute to the continuous improvement of pricing tools, analytical processes, documentation standards, and knowledge management practices.

Automated Underwriting & Predictive Analytics

Support the monitoring, analysis, and optimization of automated underwriting (AU) performance, including metric projection, sensitivity testing, and evaluation of program updates to balance efficiency gains and mortality outcomes. Contribute to AU development and governance activities, including data preparation, model and algorithm development, program design, coding/testing, documentation, and support for audits, ERM, and model validation. Monitor emerging mortality experience and recommend enhancements to the AU program, communicating insights effectively to stakeholders. Provide technical expertise and oversight for predictive analytics models that support underwriting decisions and life insurance assumption development.

Skills & Requirements

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or a related quantitative discipline.
• Fellow of the Society of Actuaries (FSA).
• 10+ years of actuarial experience in life insurance pricing, product development, or a related actuarial function.
• Strong knowledge of life insurance products (IUL, Term and WL), pricing methodologies, profitability analysis, and actuarial assumptions.
• Experience developing and maintaining actuarial pricing models. Direct experience with model conversions preferred.
• Experience with actuarial modeling platforms (Prophet required) and proficiency with analytical tools such as Excel, VBA, SQL, Python, or R. Expert level R or Python programming skills, including large-scale data preparation, feature engineering, predictive modeling and analysis in support of complex problem solving.
• Strong background in predictive analytics, including direct experience applying predictive analytics models to solve a variety of problems for the life insurance business. Experience using GitHub or similar tool for code management, version control, documentation, and collaborative development.
• Knowledge of PBR concepts, especially with regards to VM-20 assumption setting.
• Broad background working across the life insurance business preferred, including experience collaborating across departments such as underwriting, valuation, experience studies, etc.
• Strong analytical, problem-solving, and communication skills with the ability to independently perform complex actuarial analyses and collaborate effectively across functions.

Compensation

The anticipated salary range for this position is $150,000 to $200,000 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 candidate’s geographic location, skills, experience and other qualifications.

In addition, the position is eligible for a discretionary bonus in accordance with the terms of the applicable incentive plan.

 

Corebridge also offers a range of competitive benefits as part of the total compensation package, as detailed below.

 

Work Location

This position is based in one of Corebridge Financial’s office in Houston-TX, Woodland Hills-CA or Jersey City-NJ and is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely.

 

Estimated Travel

Minimal travel

 

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: www.corebridgefinancial.com

Functional Area:

AC - Actuarial

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

American General Life Insurance Company