Genworth Actuarial Development Analyst – 2027

Nichols College; Dudley (MA); Hybrid; USD 71,000 - 93,000; Full time

Benefits offered by this job

Competitive compensation

401(k) plan

Tuition reimbursement

Paid time off

Wellness programs

Retirement benefits

Job summary

Genworth’s Actuarial Development Program begins Summer 2027, offering 18–30 month rotations across product lines to build foundational skills and leadership. The program supports actuarial education with study time (up to 200 hours per six months), covers exam fees, materials, and seminars, and rewards exam success with salary increases and a first-attempt bonus.

Participants gain experience with Excel, programming, large data sets, and tools like GGY AXIS, MG-ALFA, and PolySystems, while

Qualifications

• Graduating Spring 2027 with a degree in Actuarial Science, Statistics, or Mathematics.
• At least one SOA exam passed.
• GPA 3.2 on a 4.0 scale or higher.
• Aspiration to Fellowship and ASA designation.
• Demonstrated math and analytical skills.
• Internship experience in insurance preferred.
• Participation in case-study projects; strong communication skills.

Responsibilities

• Work in a fast-paced, innovative environment.
• Build a strong network of peers and mentors.
• Attend on-site technical and professional development classes.
• Participate in sponsored community service events.
• Utilize advanced Excel techniques and programming.
• Work with large data sets.
• Gain exposure to actuarial software (GGY AXIS, MG-ALFA, PolySystems).

Skills

SOA exam

strong math & analytics

Education

Actuarial Science/Statistics/Math degree

Tools

GGY AXIS

MG-ALFA

PolySystems

Job description

Genworth Actuarial Development Analyst – 2027

and the job listing Expires on October 3, 2026

Full-Time Job Accounting, Data Analytics, Economics & Finance

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.

POSITION TITLE

Actuarial Development Program Analyst – Summer 2027

POSITION LOCATION

This position is hybrid and located in Richmond, VA. Candidates may be eligible for relocation assistance if they are not located in the area.

*A Hybrid schedule of both Remote and In-Office days is required. In office days are Tuesday, Wednesday and Thursday with working hours targeting our core business hours of 9am-5pm EST.

YOUR ROLE

Genworth’s innovative Actuarial Development Program aids in the navigation from aspiring to accomplished actuary through obtaining the esteemed FSA designation. Beginning Summer 2027, this multiple year program consists of 18–30 month rotational assignments that allow you to build foundational skills and competencies, business acumen, and leadership. Rotations will be within our various product lines and functions, providing you with diverse experiences and exposure throughout the organization.

Genworth fully supports our Actuarial Development Program members as they progress in their actuarial education. You will have study time available during work hours – up to 200 hours in any six-month period. Genworth will cover fees associated with exams, including registrations, study materials, and seminars. You will also receive salary increases for each exam passed with an extra bonus for passing on your first attempt.

What you will be doing

As a member of the Genworth’s Actuarial Development Program, you can expect to:

Work in a fast-paced, innovative, and change-oriented work environment

Build a strong network of peers and mentors

Attend on-site technical and professional development classes

Participate in sponsored community service events

Utilize advanced Excel techniques and programming

Work with large data sets

Gain exposure to actuarial software, including GGY AXIS, MG-ALFA, and PolySystems

What you bring

Must be graduating by the Spring of 2027 with a Bachelor’s or Master’s degree in Actuarial Science, Statistics or Mathematics related field of study

At least one passed Society of Actuaries (SOA) Exam

Minimum final grade point average of 3.2 on a 4.0 scale

Career aspirations to attain a Fellowship designation.

Demonstrated math and analytical skills

Previous internship experience, preferably within the insurance industry

Participation in some team or individual case study projects during undergraduate program

Demonstrated proficiency in oral and written communications

Employee Benefits & Well-Being

Genworth employees make a difference in people’s lives every day. We’re committed to making a difference in our employees’ lives.

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

ADDITIONAL INFORMATION

Hiring Rate: $70,500 – $92,500

Disclaimer

This role is aligned to a national market-based pay range. Actual compensation will vary based on geographic location, experience, skills, and other job-related factors, such as exam progression towards the Associate in the Society of Actuaries (ASA) designation. In addition to base salary, this role is eligible to participate in a bonus incentive plan. Incentive compensation is based on individual and company performance and is not guaranteed.

This role is not eligible for employment visa sponsorship.