[ Corebridge Financial helps people make some of the most meaningful decisions they're ever going to make. We help them plan and take action to protect the future they envision, and respond to some of life's most difficult moments through the solutions and services we provide. We do this through our broad portfolio of life insurance, retirement and institutional products, offered through an extensive, multichannel distribution network. We provide solutions for a brighter future through our client centered service, breadth of product expertise, deep distribution relationships, and outstanding team of hardworking and passionate employees.

Get to know the business

As a part of Corebridge Financial's Enterprise Risk Management (ERM) organization, the Life US ERM team is responsible for risk oversight of all financial and non-financial risks associated with Corebridge Financial's Life Insurance business in the US. The team performs independent review and effective challenge of Life pricing and product development, reserving, ALM, internal capital, strategic transactions, and operational risk. The team works closely with the business unit in the continual assessment and management of its risk.

About the role

Corebridge Financial ERM is seeking a highly motivated individual to join the Life US ERM team. This person will be a key member of the Life ERM Team and will be responsible for review and challenge of all Financial and Actuarial risks. The position will interact with multiple other functions including Finance, Pricing, Valuation, Experience Studies, and ALM, as well as other teams within the greater ERM organization. The successful candidate will have the ability to work independently and desire to deliver high quality work.

The key responsibilities of this position include:

• Risk oversight of key Financial and Actuarial risks within the Life US business.
• Carries out review and challenge of the following areas:
  • Product development and pricing, with focus on product feature design and reasonableness of pricing assumptions and profitability.
  • Life underwriting, including automated underwriting and major guideline changes.
  • GAAP and Statutory valuation, with focus on quarterly reserve judgments.
  • ALM, including changes to Life US ALM modeling and risk profile.
  • Indexed Universal Life Hedging.
  • Annual budget and stress testing projections.
  • Capital modeling and Economic metrics
• Carries out deep dive reviews on areas of concern as identified by Corebridge Financial ERM and Life US management.
• Review and challenge of Life US strategic transactions.
• Produces quarterly Life US risk reports and supports other management reporting as necessary.
• Supports other ERM teams such as Risk Analytics and Model Validation Group on projects as they relate to US Life.

What we are looking for

• Bachelor's degree in Actuarial Science, Finance, Mathematics or related field.
• Fellow of the Society of Actuaries (FSA) or career ASA
• 10+ years of experience in Actuarial, Risk, Finance, or related field, with 4+ years of experience in Life Insurance products (Term, Whole Life, Universal Life).
• Strong working knowledge of US life insurance product features and risks.
• General competency related to US Life pricing, valuation (Statutory, GAAP, and Economic), underwriting, and experience studies.
• Quick learner, with strong analytical skills and attention to detail.
• Well organized with ability to manage concurrent deadlines and multiple priorities.
• Strong team player with demonstrated success working in cross-functional collaborative teams.
• Strong verbal and written communication skills.

What our employees like most about working for Corebridge Financial

• We care about your professional development. Our career progression program will provide you with the opportunity to develop your skills, strengthen your productivity and be eligible to progressively advance to positions with an increased responsibility and increased compensation.
• Our "Giving Back" policy is at the core of our daily operations and guides our future progress. Don't believe us? We put our money where our mouth is! Corebridge Financial will give you up to 16 hours a year paid time off to volunteer in the community.
• Our people are our most important asset therefore we provide a generous benefits plan and competitive pay. Benefit package includes:

• Paid Time Off (Corebridge Financial recognizes the importance of work life balance). We offer 24 PTO days to start. YES, 24! 17 paid holidays in 2023.
• A 401(k) Retirement Plan which will be HARD TO BEAT. Our 401K - $1 for $1 match up to 6% with immediate vesting, plus Corebridge Financial automatically contributes an additional 3% into your 401K regardless of if you enroll or not.

For positions based in Woodland Hills, California, the base salary range is $125,000-$180,000. For positions based in New York, NY, the base salary range is $135,000-$185,000. In addition, the position is eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we're proud to offer a range of competitive benefits, a summary of which can be viewed here: Benefits Overview

We are an Equal Opportunity Employer

Corebridge Financial, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At Corebridge Financial, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.

To learn more please visit: www.corebridgefinancial.com

Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to TalentandInclusion@corebridgefinancial.com. Reasonable accommodations will be determined on a case-by-case basis.

Functional Area:
RK - Risk

Estimated Travel Percentage (%): No Travel

Relocation Provided: No

American General Life Insurance Company ]