Pension Risk Transfer Actuary — Remote

Corebridge Financial, Inc.; Oakdale (MN); On-site; USD 85,000 - 95,000; Full time

Benefits offered by this job

Health insurance

401(k) matching

Volunteer time off

Paid time off

Employee assistance program

Matching charitable donations

Job summary

Corebridge Financial is seeking an actuarial professional with defined benefit pension plan expertise to underwrite pension risks, perform actuarial calculations, and assemble commitment agreements. The role includes guiding onboarding across internal functions and drafting defined benefit provisions for contracts, with governance and project leadership responsibilities.

The incumbent will interact with Operations, Valuation, and Call Center teams, applying actuarial modeling and pension

Qualifications

• Defined benefit pension plan experience required.
• Ability to interpret and implement complex pension plan benefit provisions as well as drafting of documents.
• At least one of Pricing, Valuation, Actuarial Modeling, Pension Administration or Contract experience
• Pension benefit calculation modeling, testing, or production experience
• Project management experienceSelf-Starter who is comfortable dealing with both complexity and ambiguity, with ability to explore multiple solutions to a problem
• Awareness of governance best practice and controls required
• Competence in using Microsoft Office programs; familiarity with Copilot and VBA coding a plus
• Ability to work and thrive in a dynamic team environment, possess excellent interpersonal, written and oral communication skills and having a comfort with explaining complex materials in a clear, focused, and concise manner
• Pursue or obtained one of the Society of Actuaries, the Enrolled Actuaries, or the American Society of Pension Professionals & Actuaries certification

Responsibilities

• Explain technical actuarial and/or pension topics to Head of US PRT in New Jersey
• Be viewed as the defined benefit pension plan expert within the company
• Assess pension risks, calculate premiums, and customized contract terms affecting premiums or operations
• Guide onboarding and lead cross function collaboration
• Design or implement governance, controls, process, and procedures
• Review actuarial calculations and actuarial methodology in a controlled environment
• Execute actuarial model risk management framework including model development and testing
• Apply technical expertise to support Operations and Valuation teams and ensure successful implementation of new business leading to accurate and reliable financial reporting
• Think creatively and exercise sound judgment in leading projects

Skills

Defined benefit pension plan

Pension benefit calculations

Actuarial modeling

Pension administration

Project management

Governance controls

Microsoft Office

VBA coding

Strong communication

Education

Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field

SOA / Enrolled Actuary / ASPA certification pursuit

Tools

Copilot

Job description

Corebridge Financial is seeking an actuarial professional with defined benefit pension plan expertise to underwrite pension risks, perform actuarial calculations, and assemble commitment agreements. The role includes guiding onboarding across internal functions and drafting defined benefit provisions for contracts, with governance and project leadership responsibilities.

The incumbent will interact with Operations, Valuation, and Call Center teams, applying actuarial modeling and pension