Pension Underwriter & Actuarial Specialist

Corebridge Financial, Inc.; Virginia Beach (VA); Hybrid; USD 85,000 - 95,000; Full time

Benefits offered by this job

Health and Wellness plans

401(k) retirement plan with company 6%

Employee Assistance Program

Matching charitable donations

Volunteer Time Off

Paid Time Off (PTO) 24 days

Job summary

Corebridge Financial, Inc. is seeking a pension underwriter with actuarial or defined benefit expertise to support the US pension risk transfer business. You will underwrite risks, model benefits, and draft terms while coordinating onboarding with internal teams.

Location options include Jersey City, NJ; Wilmington, DE; Houston, TX, or remote locations. A relevant degree and actuarial credentials are preferred, with a focus on clear communication and governance of assumptions and processes.

Qualifications

• Defined benefit pension plan experience
• Ability to interpret and implement complex pension plan benefit provisions as well as drafting documents
• At least one of Pricing, Valuation, Actuarial Modeling, Pension Administration or Contract experience
• Pension benefit calculation modeling, testing, or production experience
• Project management experience
• Self-starter who is comfortable dealing with complexity and ambiguity

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 calculation modeling

Actuarial Modeling

Pricing/Valuation/Contract experience

Pension administration experience

Project management

Governance & controls

MS Office proficiency

VBA knowledge

Strong communication

Bachelors in Actuarial Science/Math/CS

SOA/EA/ASP certification pursuit

Education

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

Actuarial certification pursuit (SOA/EA/ASP)

Tools

Copilot

VBA

Excel

MS Office

Job description

Corebridge Financial, Inc. is seeking a pension underwriter with actuarial or defined benefit expertise to support the US pension risk transfer business. You will underwrite risks, model benefits, and draft terms while coordinating onboarding with internal teams.

Location options include Jersey City, NJ; Wilmington, DE; Houston, TX, or remote locations. A relevant degree and actuarial credentials are preferred, with a focus on clear communication and governance of assumptions and processes.