Senior Actuary, Life Projections & Inforce Management

At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care—and we bring those experiences with us to work in serving our millions of policyholders each day. We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism.Our four values guide our strategy, our decisions, and our interactions:Make it human. We care about the people that make up our customers, colleagues, and communities.Make it about others. We do what's best for our customers and collaborate to drive progress. Make it happen. We work with intention toward a common purpose and forge ways forward together. Make it better. We create fulfilling purpose-driven careers by learning from the world and each other.    POSITION TITLESenior Actuary, Life Projections & Inforce ManagementPOSITION LOCATIONRichmond, VARemote US (Eastern/Central Time)This position is available to Virginia residents as Richmond, Virginia in-office applicants or remote applicants residing in states/locations under Eastern or Central Standard Time: Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Jersey, New York, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas,  Virginia, Washington DC, Vermont, West Virginia or Wisconsin.    YOUR ROLEAs a member of the Life Projections & Inforce Management team, you will have the opportunity to lead initiatives and special projects for the Traditional and Universal Life blocks of business. You will be a key player in the Life team’s multi-year project to modernize legacy financial reporting models and peripheral processes. You will also manage inforce management objectives and financial reporting processes.What you will be doingLead efforts to evaluate current UL projection processes and analysis tools and collaborate cross-functionally to build new framework alongside conversion to AXIS projection modelManage inforce management objectives including company’s annual inforce review routine non-guaranteed elements assessmentSupport the annual assumption review process through the evaluation of impacts related to potential assumption changesCollaborate across Life team and lead inforce analytic and special project initiatives such as source of earnings analysis developmentSupport completion of financial reporting processes including statutory cash flow testing and Actuarial Guideline 38 8C/DDemonstrate leadership on team and provide guidance and mentorship to junior associatesWhat you bringBA/BS degree in Actuarial Science, Mathematics, Statistics, or related fieldFSA or ASA with commensurate experience (i.e., 7+ years of relevant experience within actuarial or insurance industry)5+ years of life insurance experienceExperience with and knowledge of GAAP, Statutory and Tax financial reporting requirementsExperience with actuarial modeling software (AXIS or ALFA) preferredExperience in Microsoft Office applicationsExcellent communication skillsStrong analytical and problem-solving skillsAbility to manage concurrent deadlines and multiple priorities in an organized mannerResults-oriented team player who works well in a professional environmentEmployee Benefits & Well-BeingGenworth 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 IncentivesComprehensive Healthcare CoverageMultiple 401(k) Savings Plan OptionsAuto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!)Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family LeaveDisability, Life, and Long Term Care InsuranceTuition Reimbursement, Student Loan Repayment and Training & Certification SupportWellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)Caregiver and Mental Health Support ServicesADDITIONAL At this time, Genworth will not sponsor a new applicant for employment authorization for this position.For the State of New York:The base salary pay range for this role starts at a minimum rate of $158,600 up to the maximum of $301,500.  In addition to your base salary, you will also be eligible to participate in an incentive plan. The incentive plan is based on performance and the target earning opportunity is 25% of your base compensation.  The final determination on base pay for this position will be based on multiple factors at the time of this job posting including but not limited to geographic location, experience, and qualifications to ensure pay equity within the organization.

Created: 2025-08-24