Director & Actuary, Life Modeling

Company: Genworth
Location: Richmond
Posted on: October 17, 2020

Job Description:

Job Description POSITION TITLE Director & Actuary, Life Modeling LOCATION Richmond, VA or Remote At Genworth, we are committed to caring for our customers and for the safety of our colleagues. In the event the office is inaccessible (i.e. Inclement Weather), this role may be required to work remotely. YOUR ROLE Actuarial models are the foundation for many of Genworth's financial reporting and analysis processes. In this role, you will be responsible for keeping our Traditional Life AXIS models current with the changes in our regulatory and business environment. Your role as lead developer will be to work closely with the other model developers on the team to drive the technical model changes and to work with the various Life Actuarial teams to ensure the changes are fully tested prior to use in production. You will help to manage ongoing modeling operations. You will report to, and work closely with, the technical model owner in suggesting and planning short- and long-term model enhancements. YOUR RESPONSIBILITIES * Maintain production models and implement scheduled model improvements. Final responsibility for the model, including ensuring that the production models are thoroughly documented, reproducible, and comply with Genworth model governance standards. * Help ensure controlled, validated, and well-documented results are produced by models for every production cycle. * Interact with Life actuaries and IT representatives for normal model maintenance, to certify models are up-to-date, and to develop plans for model improvement projects. * Review Production Projection runs produced out of AXIS to ensure life business projections (such as Cash Flow Testing & Business Planning) are run using the correct model and assumption setup. * Create ad-hoc development models to support specific business needs (e.g., reinsurance transactions). YOUR QUALIFICATIONS * • BS/BA Degree in Actuarial Science, Mathematics, Statistics, Computer Science or related major * • At least 3 years of relevant modeling experience in actuarial software. Experience with AXIS is preferred. * • FSA or Career ASA with commensurate experience. * • Life actuarial work experience and understanding of Life products and reinsurance is preferred. * • Demonstrated critical thinking skills. * • Effective communication, teamwork, and mentoring skills. Project management skills. Ability to manage concurrent deadlines and multiple priorities. * • Strong technical skills working with data. Demonstrated ability to work with IT to accomplish objectives. ADDITIONAL QUALIFICATIONS It would be helpful if you have: * • Experience with the Moody's AXIS software platform, including Enterprise Link. * • Experience and knowledge working with database management systems and languages, statistical applications, and visualization applications (e.g., SQL, R, Python, Spotfire.) WHY GENWORTH? * We have a real impact on the lives of the people we serve * We work on challenging and rewarding projects * We give back to the communities where we live * We offer competitive benefits including: * Medical, Dental, Vision, Flexible Spending Account options beginning your first day * 20 days of Choice Time Off your first full year * 12 Paid Holidays * 40 hours of volunteer time off * 401K Account with matching contributions * Tuition Reimbursement and Student Loan Repayment * Paid Family Leave * Child Care Subsidy Program COMPANY Genworth Financial, Inc. is a leading insurance holding company committed to helping families achieve the dream of home ownership and address the financial challenges of aging through its leadership positions in mortgage insurance and long term care insurance. Headquartered in Richmond, Virginia, Genworth traces its roots back to 1871. The mission of Genworth's US Life business is to develop solutions that meet the financial challenges of aging, including individual and group long term care insurance, annuities, life insurance and new innovative products over time. We know we can't deliver on our mission unless we deliver for our employees. That's why we're committed to creating a work environment that fosters inclusion, camaraderie, rewarding work, community involvement, and a focus on our employees' well-being. We know each employee contributes in their own unique way and we're dedicated to supporting every one of them to help them reach their full potential.

Keywords: Genworth, Richmond , Director & Actuary, Life Modeling, Other , Richmond, Virginia