Equity Guarantee Global Leader / RP80389

Genworth Financial, Inc. (NYSE:GNW) is a leading public Fortune 500 global financial security company. Genworth has more than $114 billion in assets and employs approximately 7,000 people in 25 countries. Its products and services help meet the investment, protection, retirement and lifestyle needs of over 15 million customers. Genworth operates through three segments: Retirement and Protection, International and U.S. Mortgage Insurance. Its products and services are offered through financial intermediaries, advisors, independent distributors and sales specialists. Genworth Financial, which traces its roots back to 1871, became a public company in 2004 and is headquartered in Richmond, Virginia. For more information, visit genworth.com. Position Description:* Responsible for indicative and final pricing for Variable Annuity products including International Retirement Income products, Managed Money guarantees, and 401k products. Product features include Guaranteed Lifetime Withdrawal Benefits.* Monitor changes in US and international regulations and standards; work with Valuation, Tax, Legal, etc to ensure compliant practices are reflected in pricing* Analyze experience studies; Approve pricing assumptions; work with Risk Management team to develop appropriate market assumptions (equity returns, interest rates, correlations between asset classes, etc)* Ensure hedging is appropriately reflected in pricing; provide input into the hedging process, including validation of hedging model for new products* Supervise development of financial models for equity guarantee products; ensure consistency between US and international pricing and with Core VA products* Prepare financial and other information for tollgate reviews with various groups including Genworth Risk Committee and Retirement and Protection Risk Committee; present results in these forums * Participate on team to review new funds on which equity guarantees are proposed* Provide actuarial support for in force management * Supervise illustration software and admin system testing for equity guarantee products* Work with Risk area to develop and monitor radars to limit risks in equity guarantee products * Supervise team of 4-6 associates* Complete miscellaneous projects as needed Additional Information Reference Code:   80389Status:   Full Time, EmployeeJob Category:   Accounting/Finance/Insurance Send this Job to a FriendSee all Company opportunities