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Jobs · Finance · Virginia

Genworth Actuarial Development Program Analyst – 2027

Genworth · Richmond, VA · 1 wk ago
On-siteFinance$71k–$93k/yrVolunteer

About the role

Genworth’s innovative Actuarial Development Program aids in the navigation from aspiring to accomplished actuary through obtaining the esteemed FSA designation. Beginning Summer 2027, this multiple year program consists of 18–30 month rotational assignments that allow you to build foundational skills and competencies, business acumen, and leadership. Rotations will be within our various product lines and functions, providing you with diverse experiences and exposure throughout the organization.

Support & development

Genworth fully supports our Actuarial Development Program members as they progress in their actuarial education. You will have study time available during work hours – up to 200 hours in any six-month period. Genworth will cover fees associated with exams, including registrations, study materials, and seminars. You will also receive salary increases for each exam passed with an extra bonus for passing on your first attempt.

Responsibilities

  • Work in a fast-paced, innovative, and change-oriented work environment
  • Build a strong network of peers and mentors
  • Attend on-site technical and professional development classes
  • Participate in sponsored community service events
  • Utilize advanced Excel techniques and programming
  • Work with large data sets
  • Gain exposure to actuarial software, including GGY AXIS, MG-ALFA, and PolySystems

Requirements

  • Must be graduating by the Spring of 2027 with a Bachelor’s or Master's degree in Actuarial Science, Statistics or Mathematics related field of study
  • At least one passed Society of Actuaries (SOA) Exam
  • Minimum final grade point average of 3.2 on a 4.0 scale
  • Career aspirations to attain a Fellowship designation
  • Demonstrated math and analytical skills
  • Previous internship experience, preferably within the insurance industry
  • Participation in some team or individual case study projects during undergraduate program
  • Demonstrated proficiency in oral and written communications

Benefits

  • 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

Pay

Hiring Rate: $70,500 – $92,500. Actual compensation will vary based on geographic location, experience, skills, and other job-related factors, such as exam progression towards the Associate in the Society of Actuaries (ASA) designation. In addition to base salary, this role is eligible to participate in a bonus incentive plan. Incentive compensation is based on individual and company performance and is not guaranteed.

This position is hybrid and located in Richmond, VA. Candidates may be eligible for relocation assistance if they are not located in the area.

At this time, Genworth will not sponsor a new applicant for employment authorization for this position.

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