Assistant Actuary: IR Pricing & Product Dev (Hybrid)

Corebridge Financial, Inc.; Houston (TX); Hybrid; USD 110,000 - 115,000; Full time

Benefits offered by this job

Medical, dental, and vision insurance

401(k) Plan with company matching

Employee Assistance Program

Matching charitable donations

Paid Time Off

Job summary

Corebridge Financial, Inc. in Houston, Texas is seeking an Assistant Actuary for IR Pricing & Product Development. This role involves pricing innovative annuity products while collaborating with product development teams. Candidates should possess a Bachelor's degree in actuarial science, mathematics, or a related field, along with 5+ years of actuarial experience. Strong analytical skills and proficiency in MS Office are essential. The estimated salary is between $110,000 and $115,000 annually, along with a discretionary bonus. The position offers a hybrid work model.

Qualifications

• Bachelor's degree in actuarial science, mathematics, statistics, economics, finance, or other quantitative field.
• 5+ years of progressively more responsible actuarial experience with Life & Retirement Insurance products.
• Associate of the Society of Actuaries with goal of attaining FSA designation.
• Highly detail-oriented with strong analytical problem-solving skills.
• Excellent verbal and written communication skills.
• Ability to work independently and within a team.
• Advanced knowledge of MS Office especially Access and Excel.
• Programming skill in SAS, Visual Basic, SQL, or C++ is preferred.

Responsibilities

• Price new annuity products, balancing profitability, marketability, and risk.
• Collaborate with business partners to optimize pricing design.
• Perform model testing to ensure correct implementation of new products.
• Produce analysis to achieve buy-in from finance and risk business partners.
• Support development and testing of assumptions for new products.

Skills

Actuarial science

Mathematics

Statistical analysis

Analytical problem-solving

Verbal communication

Written communication

MS Office (Excel, Access)

SAS

Visual Basic

SQL

C++

Education

Bachelor's degree in actuarial science or quantitative field

Associate of the Society of Actuaries

Tools

Modeling software

Job description

Corebridge Financial, Inc. in Houston, Texas is seeking an Assistant Actuary for IR Pricing & Product Development. This role involves pricing innovative annuity products while collaborating with product development teams. Candidates should possess a Bachelor's degree in actuarial science, mathematics, or a related field, along with 5+ years of actuarial experience. Strong analytical skills and proficiency in MS Office are essential. The estimated salary is between $110,000 and $115,000 annually, along with a discretionary bonus. The position offers a hybrid work model.