Actuary, Asset Projection, Actuarial Governance
Richmond
Saturday, 25 April 2026
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. What you will be doing. 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. What you bring. BA/ BS in Actuarial Science, Mathematics, Statistics, or related field 5 years of actuarial or asset experience overall, including 2 years specifically in assets. BA/ BS in Actuarial Science, Mathematics, Statistics, or related field. ASA or FSA certification required. Proficient in actuarial modeling and asset projections. Skilled in AXIS Software and Datalink. Deep understanding of asset projections and features. Effective team collaborator and player. Strong written and verbal communication. Able to manage multiple deadlines and priorities efficiently. Excellent analytical and problem-solving abilities. Nice to have. Programming Experience, especially with Python, Visual Basic, SQL, or MATLAB - Knowledge of cash flow testing reporting. Familiarity with life insurance, annuities, and LTC products (LTC preferred)Model conversion experience Employee Benefits & Well-Being. Genworth 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 Incentives. Comprehensive Healthcare Coverage. Multiple 401(k) Savings Plan Options. Auto 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. ADDITIONAL 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 $115,900 up to the maximum of $220,200. 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 20% 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.