Remote LTC Actuary – Governance & Controls Lead

Genworth; Maryland; Remote; USD 120,000 - 170,000; Full time

Benefits offered by this job

Healthcare Coverage

401(k) Plans

Paid Time Off

Tuition Reimbursement

Wellness Program

Job summary

Genworth is seeking a Senior Actuary to join the Long Term Care (LTC) Actuarial Model Governance and Controllership team in a role focused on governance and controls for LTC models and related processes.

You will gain deep expertise on LTC model flows and provide guidance to ensure compliance with company, industry, and actuarial standards, collaborating with cross-functional teams and expanding oversight to new products.

Qualifications

• BS/BA Degree in mathematics, statistics, actuarial science, business/finance, and/or related major.
• Fellow of Society of Actuaries (FSA) designation or Associate (ASA) with commensurate experience.
• 5+ years of relevant actuarial experience, preferably with LTC insurance.
• Strong analytical and problem-solving skills.
• Ability to meet project deadlines and manage multiple priorities.
• Strong communication skills, both oral and written.
• Ability to interact professionally and effectively in a team environment.
• Knowledge of actuarial processes: valuation, projections, and experience.
• Results oriented, accountable for performance, and willingness to take ownership of projects.

Responsibilities

• Oversee the LTC control environment fostering open communication, sound control design and execution consistency across teams
• Consult on controls for new or enhanced processes
• Review existing controls for key high-risk processes and make improvement recommendations
• Collaborate with Operations and IT on administration system and data issues and controls
• Support efforts to develop clear and effective model and process documentation to increase transparency, accessibility, and understandability
• Provide governance peer review support for the development and enhancement of LTC actuarial models and processes
• Work to expand governance and controllership oversight to include emerging teams and products
• Assist with model change peer reviews and provide guidance on model governance processes.

Skills

Actuarial experience

Analytical skills

Communication skills

Project management

Team collaboration

Education

BS/BA in mathematics/statistics/actuarial science/finance

FSA or ASA designation

Job description

Genworth is seeking a Senior Actuary to join the Long Term Care (LTC) Actuarial Model Governance and Controllership team in a role focused on governance and controls for LTC models and related processes.

You will gain deep expertise on LTC model flows and provide guidance to ensure compliance with company, industry, and actuarial standards, collaborating with cross-functional teams and expanding oversight to new products.