LTC Model Development Actuary

This is a fully remote position, open to applicants in Virginia.

📋 Description

• Develop, maintain, and enhance versatile actuarial models within Moody’s AXIS.

• Assist in the enhancement of LTC models for Valuation, Projections, ALM, and Inforce Action functionalities.

• Take ownership of model modifications during the quarterly model change cycle.

• Conduct research, testing, validation, and documentation of model alterations.

• Communicate updates and outcomes to key stakeholders effectively.

• Identify and resolve modeling issues that affect reporting or analysis.

• Act as a subject matter expert on functionalities across LTC actuarial models.

• Offer modeling expertise to ensure model changes are accurate, efficient, and aligned with the intended structure.

• Facilitate yearly ALM model updates for CFT.

• Mentor junior team members in the use of AXIS.

• Execute model updates and perform ad hoc analyses.

• Ensure adherence to Genworth’s model governance and documentation policies and procedures.

• Support initiatives for product lines and corporate objectives.

⛳️ Requirements

• Experience in Long-Term Care actuarial models and their development.

• Proficient in using Moody’s AXIS.

• Capability to independently research, test, validate, and document model changes.

• Ability to identify and rectify modeling issues impacting reporting or analysis.

• Understanding of LTC product features, models, limitations, and simplifications.

• Familiarity with AXIS features.

• Skill in facilitating annual ALM model updates for CFT.

• Ability to mentor junior team members in AXIS.

• Commitment to compliance with model governance and documentation policies and procedures.

• Genworth will not provide employment authorization sponsorship 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 (fully 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.