Senior Actuary, Strategic Exploration

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At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate and experienced allies who work with families and policyholders daily. We bring our own experiences of care to serve millions of policyholders each day and foster a culture that values empathy, collaboration, and inclusion.

Our four values guide our strategy, decisions, and interactions:

• Make it human. We care about the people that make up our customers, colleagues, and communities.
• Make it about others. We do what’s best for our customers and collaborate to drive progress.
• Make it happen. We work with intention toward a common purpose and forge ways forward together.
• Make it better. We create fulfilling purpose-driven careers by learning from the world and each other.

Senior Actuary, Strategic Exploration

Richmond, VA (Remote US – Eastern or Central Time)

As a key member on Genworth’s Long Term Care (LTC) Strategic Solutions Team, your expertise will be essential to identifying, researching, and recommending new, innovative Benefit Solutions that maximize the value of our in‑force LTC blocks of business. This high‑exposure, strategy‑based team researches multiple risk mitigation initiatives and other business strategy initiatives to improve overall profitability. You’ll develop actuarial models, perform in‑depth analysis, and craft recommendations for senior management, collaborating with actuarial teams, governance, finance, reinsurance, risk, IT, leadership, and others to create holistic strategy recommendations and present them to senior leadership.

• Develop innovative strategies to drive policyholder behavior.
• Develop tools and processes to further understand the impacts of policyholder behavior and identify opportunities for future Benefit Solution strategies.
• Draw insights from analysis and make recommendations to senior management regarding implications of findings and proposed actions.
• Manage and develop a junior, ASA level actuary.
• Collaborate with other functional areas on a variety of in‑force management initiatives and research.
• Research, develop, maintain and enhance tools to research ad hoc requests for analysis and actuarial assistance on LTC issues.

• BA/BS Degree in Mathematics, Statistics, Science, Actuarial Science, Business/Finance, Engineering or related major involving significant technical/analytical coursework.
• FSA certification or ASA certification with relevant experience.
• 7+ years actuarial experience.
• Ability to operate independently, manage multiple priorities and meet deadlines.
• Self‑driven, highly motivated and demonstrates ownership in tasks.
• Ability to think broadly and lead/influence without direct authority.
• Demonstrates ability to perform thorough research, understand inputs, sources of data, and downstream impacts both within and outside areas of direct control.
• Strong communication skills, both oral and written.
• Ability to interact professionally and effectively in a team environment.
• Strong analytical and problem‑solving skills.
• Basic programming skills and experience in Microsoft Excel, VBA, Word and PowerPoint.
• Ability to develop thorough, high‑quality documentation.

• Prior LTC insurance experience.
• Experience in actuarial modeling.
• Strong proficiency in a programming language such as Python, SAS, or R.
• Experience with data visualization software such as Spotfire or Power
  
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• 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 – 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.
• Caregiver and Mental Health Support Services.

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 $145,900 up to a maximum of $277,400. In addition to your base salary, you will also be eligible to participate in an incentive plan based on performance. The target earning opportunity is 25% of your base compensation. Final determination on base pay will consider geographic location, experience, and qualifications to ensure pay equity.

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