ADP Actuarial Assistant

corebridgefinancial; Houston (TX); Hybrid; USD 72,000 - 115,000; Full time

Benefits offered by this job

Health and wellness benefits

401(k) with company match

Volunteer time off

Paid time off

Job summary

Corebridge Financial is seeking an Actuarial Assistant for its Development Program in a hybrid role based in Houston, Jersey City, or Woodland Hills. You will rotate through actuarial departments to gain experience in valuation, product development, ALM, and experience analysis.

The program emphasizes building technical skills in statistics, finance, and risk, while supporting the journey toward SOA credentials. Compensation reflects location and experience with a discretionary bonus potential.

Qualifications

• Bachelor's degree in actuarial science, mathematics, statistics, economics, finance, or other quantitative field.
• Completion of one or more SOA exams.
• Prior internship experience preferred.

Responsibilities

• Utilize your academic skill set and collaborate with others in driving business and actuarial solutions.
• Understand how insurance products are designed and implemented to meet customer needs.
• Analyze business results and help ensure commitments to policyholders are met.
• Understand different types of risk and how to mitigate them.
• Work with a team of associates to drive best results for Corebridge Financial.
• Simplify complex processes and analyses into clear explanations.
• Progress in the Society of Actuaries examination process.

Skills

Analytical skills

Communication skills

MS Office (Access & Excel)

Programming: SAS/Python/SQL/C++/Visual

Education

Bachelor's degree in actuarial science or quantitative field

SOA exam(s) completed

Prior internship experience preferred

Tools

SAS

Python

SQL

C++

Visual Basic

Job description

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.

MUST BE LIVING OR WILLING to relocate to Houston, TX, Jersey City, NJ, or Woodland Hills, CA (suburb of Los Angeles) office and work hybrid

Who You'll Work With

As an ADP Actuarial Assistant, you will be part of our Actuarial Development Program where you begin as a student that will rotate into various positions throughout the actuarial departments in order to gain a wide range of knowledge and experiences that can be leveraged throughout the Actuary's career. Although not every rotation path is the same for every student, common roles often include, but are not limited to, Valuation, Product Development, Asset-Liability Management, and Experience Analysis.

Responsibilities

• Utilize your academic skill set and collaborate with others in driving business and actuarial solutions.
• Understand how insurance products are designed and implemented in a competitive manner, aligned with the financial needs of our customers
• Analyze business results and help to ensure we effectively meet all of our commitments to our policyholders
• Understand different types of risk and how to effectively mitigate
• Work with a team of collaborative and passionate associates, committed to driving the best results for Corebridge Financial and its customers.
• Simplify complex processes and analysis into clear and concise explanations
• Make consistent progress in the Society of Actuaries examination process.

Skills and Qualifications

• Bachelor's degree in actuarial science, mathematics, statistics, economics, finance, or other quantitative field
• Completion of one or more SOA exams
• Prior internship experience preferred
• Detailed oriented
• Strong analytical problem-solving skills
• Good verbal and written communication skills
• Ability to work independently and within a team
• Familiarity with MS Office especially Access and Excel
• Programming skill in SAS, Python, Visual Basic, SQL, or C++ a plus, but not required

Compensation

The anticipated salary range for this position is $72,000 - $115,000 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.

Work Location

This position is based in Corebridge Financial's 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.

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 a