POSITION TITLE
LTC Model Development Actuary
POSITION LOCATION
Richmond, VA or Remote
YOUR ROLE
The Long-Term Care (LTC) Model Development Team is primarily responsible for the development, maintenance and improvement of multi-purpose actuarial models in Moody’s AXIS. You will support LTC model improvements for Valuation, Projections, ALM, and Inforce Action model functionality. You will be involved in the quarterly model change process and model/process improvement initiatives. In addition, you will support other LTC teams such as Experience, Analytics and Inforce Management that rely upon the actuarial models for their work.
What you will be doing
Take ownership of model changes to be completed within the quarterly model change cycle
Independently research, test, validate, and document model changes
Ensure communication of progress and results to key stakeholders
Provide frontline support to production teams by diagnosing and resolving modeling issues that impact reporting or analysis
Serve as a subject matter expert for model functionality across all LTC actuarial models
Provide modeling expertise to ensure model changes are accurate, efficient, and in alignment with overall desired model structure
Maintain a good understanding of product features and models including known limitations and simplifications
Stay informed of new and upcoming features in AXIS
Facilitate the annual ALM model updates to be used for CFT
Mentor more junior team members as they gain proficiency using AXIS
Perform model updates and ad hoc analysis as needed
Ensure compliance with Genworth model governance and documentation policies and procedures
Support product line and corporate initiatives
What you bring
Take ownership of model changes to be completed within the quarterly model change cycle
Independently research, test, validate, and document model changes
Ensure communication of progress and results to key stakeholders
Provide frontline support to production teams by diagnosing and resolving modeling issues that impact reporting or analysis
Serve as a subject matter expert for model functionality across all LTC actuarial models
Provide modeling expertise to ensure model changes are accurate, efficient, and in alignment with overall desired model structure
Maintain a good understanding of product features and models including known limitations and simplifications
Stay informed of new and upcoming features in AXIS
Facilitate the annual ALM model updates to be used for CFT
Mentor more junior team members as they gain proficiency using AXIS
Perform model updates and ad hoc analysis as needed
Ensure compliance with Genworth model governance and documentation policies and procedures
Support product line and corporate initiatives
ADDITIONAL
At this time, Genworth will not sponsor a new applicant for employment authorization for this position.
National Range: $109,000 - $169,000
High-Cost Range (includes New York): $136,000-$211,000
Employee Benefits & Well-Being
Genworth employees make a difference in people’s lives every day. We’re committed to making a difference in our employees’ lives.
Competitive Compensation & Total Rewards Incentives
Comprehensive Healthcare Coverage
Multiple 401(k) Savings Plan Options
Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!)
Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave
Disability, Life, and Long Term Care Insurance
Tuition Reimbursement, Student Loan Repayment and Training & Certification Support
Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)
Caregiver and Mental Health Support Services
