Actuary, Asset Projection, Actuarial Governance

POSITION TITLE

Actuary, Asset Projection, Actuarial Governance

Richmond, VA Remote US (Eastern & Central Time Zones)

This position is available to Virginia residents as Richmond, Virginia in-office applicants

• A Hybrid schedule of both Remote and In-Office days is required. In office days are Tuesday, Wednesday and Thursday with working hours targeting our core business hours of 9am-5pm EST. This position is available to 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, Vermont, Virginia, Washington DC, West Virginia or Wisconsin.
• A Hybrid schedule of both Remote and In-Office days would be required if you reside within 50 miles of a Genworth | Care Scout office with working hours targeting our core business hours of 9am-5pm EST.

The Asset Projection Team is principally responsible for asset projections and scenario generation within Moody’s Axis and Economic Scenario Generators (ESG). In this role, you will work closely with the Asset Projection Leader to deliver targeted support to Life, Annuity, LTC, and Corporate departments. Furthermore, you will implement changes to asset projection and scenario generation processes that enhance both product lines and corporate functions, facilitating progress toward the organization's strategic objectives.

The main responsibilities for this position are:

• Collaborate with the Asset Projection Leader and lead asset projections and scenario generation for product lines when needed.
• Contribute to asset projection and scenario generation efforts to facilitate production activities related to Cash Flow Testing, asset projections, and scenario development, as necessary.
• Participate in planning meetings to establish timelines, key deliverables, and resource requirements for asset projection and scenario generation.
• Conduct updates and perform ad hoc analyses concerning asset projections and scenario generation, especially for complex or regulatory-driven requests.
• Maintain a strong working knowledge of asset projection processes and scenario generation methods, with the ability to implement updates as required.
• Keep detailed knowledge of asset projections and scenario generation, including familiarity with the relevant theories and assumptions.
• Serve as the subject matter expert for asset projection and scenario generation function, leverage expertise in asset projection modeling, economic scenario generators, AXIS, and insurance products to independently research and recommend solutions, and then implement the appropriate model changes.
• Ensure that all model updates are accurate, efficient, and consistent with established frameworks and governance standards.
• Stay up to date on industry developments, new AXIS and ESG features, and best practices in asset projection modeling;
  Communicate updates to the team and Genworth.
• Align asset projections and scenario generation approaches with Genworth’s broader strategies for Asset Liability Management and investments.
• Collaborate with key stakeholders to maintain transparency regarding project status, timelines, and any issues that arise.
• Comply with Genworth’s actuarial and model governance policies and procedures.
• Deliver support for product line and corporate initiatives pertaining to asset projection, scenario generation, and ALM projects.

• BA/BS in Actuarial Science,…