Long Term Care Actuary, Controllership Oversight

This is a fully remote position, open to applicants in Alabama, +32 more states.

📋 Description

• Manage the LTC control environment, promoting transparent communication, effective control design, and consistent execution across various teams.

• Provide consultation on controls for new or improved processes.

• Evaluate current controls for critical high-risk processes and offer recommendations for enhancements.

• Work in collaboration with Operations and IT regarding administrative system and data challenges and controls.

• Assist in the creation of clear and effective documentation for models and processes.

• Offer governance peer review support for the development and improvement of LTC actuarial models and processes.

• Extend governance and oversight of controllership to emerging teams and products.

• Aid in peer reviews of model changes and offer guidance on model governance procedures.

• Develop expertise in LTC models, data, and process flows to guide control design in alignment with company, industry, and actuarial professional standards.

• Collaborate with the team, control owners, and cross-functional groups, primarily to support valuation and in-force rate action teams.

⛳️ Requirements

• Bachelor’s degree in mathematics, statistics, actuarial science, business/finance, or a related field.

• Fellow of the Society of Actuaries (FSA) designation or Associate (ASA) with equivalent experience.

• Over 5 years of relevant actuarial experience, preferably within the LTC insurance sector.

• Strong analytical and problem-solving abilities.

• Capability to meet project deadlines and handle multiple priorities.

• Excellent communication skills, both verbal and written.

• Professional and effective interaction skills in a team setting.

• Familiarity with actuarial processes: valuation, projections, and experience.

• Results-driven, accountable for performance, and willing to take ownership of projects.

• Please note that Genworth will not sponsor a new applicant for employment authorization for this position.

🏝️ Benefits

• Competitive Compensation & Total Rewards Incentives.

• Comprehensive Healthcare Coverage.

• Multiple 401(k) Savings Plan Options.

• Automatic 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.