Pension Risk Transfer Actuary — Underwriting & Modeling Lead

Corebridge Financial, Inc.

Laramie (WY)

Hybrid

USD 85,000 - 95,000

Full time

3 days ago
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Benefits offered by this job

Health insurance
401(k) match
EAP
Donation matching
Volunteer time off
Paid time off

Job summary

Corebridge Financial, Inc. seeks an actuarial professional with defined benefit pension expertise to join our US Pension underwriting team.

The role will involve underwriting, actuarial calculations, and drafting commitment provisions while coordinating onboarding across internal functions. The successful candidate will serve as a pension specialist, support call-center modeling, and contribute to governance, projections, and contract terms.

Qualifications

  • :
  • Defined benefit pension plan experience.
  • 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
  • Bachelors degree in Actuarial Science, Mathematics, Statistics, or related field
  • 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
Interpret benefit provisions
Pricing/Valuation/Actuarial Modeling
Pension benefit calculation modeling
Project management
Governance and controls
MS Office / VBA
Team collaboration / communication
Actuarial degree required
SOA/EA/FP&A certification

Education

Bachelors degree in Actuarial Science, Mathematics, Statistics, or related field

Tools

Copilot
VBA coding

Job description

Corebridge Financial, Inc. seeks an actuarial professional with defined benefit pension expertise to join our US Pension underwriting team.

The role will involve underwriting, actuarial calculations, and drafting commitment provisions while coordinating onboarding across internal functions. The successful candidate will serve as a pension specialist, support call-center modeling, and contribute to governance, projections, and contract terms.

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