Actuarial Development Program Analyst Summer 2025
At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need careand we bring those experiences with us to work in serving our millions of policyholders each day.
We apply that same compassion and empathy as we work with each other and our local communities, Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism.
Our four values guide our strategy, our decisions, and our interactions:
Make it human. We care about the people that make up our customers, colleagues, and communities.
Make it about others. We do whats 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.
POSITION TITLE
Actuarial Development Program Analyst Summer 2025
POSITION LOCATION
This position is available to Virginia residents as Lynchburg or Richmond, Virginia hybrid applicants or 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, Virginia, Washington DC, Vermont, West Virginia or Wisconsin.
YOUR ROLE
Genworths innovative Actuarial Development Program aids in the navigation from aspiring to accomplished actuary through obtaining the esteemed FSA designation. This multiple year program consists of 1830 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.
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.
What You Will Be Doing
As a member of the Genworths Actuarial Development Program, you can expect to:
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
What You Bring
Pursuing a Bachelors or Master's degree in Actuarial Science, Statistics or Mathematics related field of study with a graduation date of at latest June 2025
At least one passed Society of Actuaries Exam by May 1, 2025
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
Employee Benefits & Well-Being
Genworth employees make a difference in peoples lives every day. Were 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
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