Data Analyst

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 care—and 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 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.

POSITION TITLE

Data Analyst

POSITION LOCATION

This position is available to Virginia residents as Richmond, Virginia in-office or 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

Projections for the Long-Term Care (LTC) block are critical to GAAP and statutory reporting processes for Genworth. This role supports the production and analysis of those projections and the maintenance of the models and related governance processes used to develop the projections.

What you will be doing

• Support the LTC CFT modeling processes including running system models, processing results, and producing information needed for the actuarial memorandums.

• Conduct detailed reviews and maintain the documentation on projection models/processes for each production cycle.

• Assist with LDTI projection processes including rate action assumption updates.

• Utilize actuarial and analytical techniques in both routine and ad hoc projection analyses in support of several business and strategic projects.

• • Collaborate with a broad audience on various projects, including different actuarial functions, IFA, and investments.

What you bring

• BS / BA degree in data science, data analytics, actuarial science, mathematics, statistics, or related field.

• 2+ years of experience in the actuarial field or commensurate experience

• Experience with actuarial projection systems preferred, with proven modeling and analytical skills

• Ability to manage concurrent deadlines and multiple priorities

• Strong communication skills (verbal and written)

• Strong oral and written communications skills, with the ability to explain technical concepts and document processes.

• Attention to detail, strong focus on accuracy.

• Flexible team player, self-driven, motivated. Shows initiative and ownership in tasks.

• Ability to work cross-functionally and communicate complex concepts to technical and non-technical audiences.

• Understanding of GAAP and Statutory Accounting

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

The base salary pay range for this role starts at a minimum rate of $65,600 up to the maximum of $103,500.  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 7% 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